GE Appliances investing heavy in Louisville
GE Appliances is investing more than $200 million to expand its dishwasher and laundry manufacturing facilities and add 400 new jobs in Louisville, Ky.
Throughout this year and next, GEA will invest in Appliance Park, its largest manufacturing facility and headquarters location in Louisville.
Plans include expanding its laundry production facility to add an industry-leading new topload washer, completely new dryer platform and additional production capacity for existing models. The laundry production expansion will increase manufacturing capacity by approximately 20%.
The manufacturer also plans to expand its dishwasher production plant’s capabilities by 35% for new plastic and stainless-steel tub models.
“The investments we are making today continue our mission of creating product and production supersites where we can more efficiently channel our innovation and manufacturing expertise by product line,” said Kevin Nolan, president and chief executive officer for GE Appliances. “This will greatly accelerate our ability to provide innovative new products that will delight consumers, expand our workforce and enhance our leadership in the major appliance industry.”
GE Appliances said its operations generate an annual economic impact of $4.6 billion in the area. This includes more than 6,000 GEA employees earning more than $515 million in salaries and benefits.
The combined impact of operations, employee compensation and today’s announced $200 million investment will result in creation of an additional 13,500 jobs in the region.
Over the next five years, Appliance Park is expected to increase its already substantial economic impact by an additional $18 billion.
“GE Appliances has long been an exemplary corporate partner for Louisville and the Commonwealth,” Kentucky Governor Matt Bevin said. “This iconic company has employed many thousands of Kentuckians for generations, and we are grateful for their most recent investment in the Bluegrass State. As GE Appliances continues to adapt to a changing marketplace, we are confident that they will remain a perfect fit right here in Kentucky—America’s center for engineering and manufacturing excellence.”
Earlier this year, GE Appliances announced a series of investments in its U.S. operations totaling $275 million and creating more than 650 new jobs. Moves include expansions at plants in Selmer, Tenn., and Decatur, Ala., and four new distribution facilities across the company’s vast distribution network.
GE Appliances is based in Louisville and is a subsidiary of Haier, the Chinese conglomerate.
Throughout this year and next, GEA will invest in Appliance Park, its largest manufacturing facility and headquarters location in Louisville.
Plans include expanding its laundry production facility to add an industry-leading new topload washer, completely new dryer platform and additional production capacity for existing models. The laundry production expansion will increase manufacturing capacity by approximately 20%.
The manufacturer also plans to expand its dishwasher production plant’s capabilities by 35% for new plastic and stainless-steel tub models.
“The investments we are making today continue our mission of creating product and production supersites where we can more efficiently channel our innovation and manufacturing expertise by product line,” said Kevin Nolan, president and chief executive officer for GE Appliances. “This will greatly accelerate our ability to provide innovative new products that will delight consumers, expand our workforce and enhance our leadership in the major appliance industry.”
GE Appliances said its operations generate an annual economic impact of $4.6 billion in the area. This includes more than 6,000 GEA employees earning more than $515 million in salaries and benefits.
The combined impact of operations, employee compensation and today’s announced $200 million investment will result in creation of an additional 13,500 jobs in the region.
Over the next five years, Appliance Park is expected to increase its already substantial economic impact by an additional $18 billion.
“GE Appliances has long been an exemplary corporate partner for Louisville and the Commonwealth,” Kentucky Governor Matt Bevin said. “This iconic company has employed many thousands of Kentuckians for generations, and we are grateful for their most recent investment in the Bluegrass State. As GE Appliances continues to adapt to a changing marketplace, we are confident that they will remain a perfect fit right here in Kentucky—America’s center for engineering and manufacturing excellence.”
Earlier this year, GE Appliances announced a series of investments in its U.S. operations totaling $275 million and creating more than 650 new jobs. Moves include expansions at plants in Selmer, Tenn., and Decatur, Ala., and four new distribution facilities across the company’s vast distribution network.
GE Appliances is based in Louisville and is a subsidiary of Haier, the Chinese conglomerate.