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GE Breaks Ground on $400 Million Advanced Manufacturing Facility
In a move to strengthen GE’s Power & Water technical capabilities for customers across the globe, General Electric today broke ground on a new state-of-the-art Power & Water Advanced Manufacturing Facility in Greenville, South Carolina, announcing plans to invest $400 million over the next ten years in Greenville to expand the company’s advanced manufacturing capabilities.
This first-of-its-kind facility will serve as an incubator for innovative advanced manufacturing process development and rapid prototyping. By developing new techniques and production processes in close proximity to Power & Water’s established manufacturing operation on the Greenville campus, GE will be able to design, test, iterate and bring its products to market quicker than ever.
“The Advanced Manufacturing Facility represents another major GE investment in expanding our Power & Water technologies and our ongoing investment in South Carolina, which began in 1968,” said GE Power & Water President and CEO Steve Bolze. “The facility will serve as a cornerstone for generating prototypes of new components that will enable GE to launch new products and technologies that drive technical innovation to compete in high-growth markets. The advanced manufacturing techniques that are developed in South Carolina will increase product speed to market, benefiting our global customer base. GE’s innovation will power the world.”GE has more than 3000 employees in Greenville, and in the past five years alone has invested more than $500 million to bolster critical manufacturing activities housed in the Greenville County Power & Water campus.