GE Aerospace is making a total $1-billion investment in US operations. Photo: John Keeble/Getty Images
GE Aerospace is investing $55 million in its Huntsville facility, and $100 million total across Alabama, part of a $1 billion investment it's making in plants across the country, it announced Monday.
Zoom in: The company announced the investments in 30 communities across 17 states yesterday, as well as plans to hire 5,000 in manufacturing and engineering roles.
GE said the Huntsville site plans to invest in new and upgraded equipment as well as building improvements to up capacity as demand grows.
Catch up quick: GE Aerospace's 100-acre Huntsville campus produces advanced materials that are building blocks for ceramic composites used in commercial aircraft that can handle temperatures up to 500 degrees hotter than traditional metals at one-third the weight, per GE.
What they're saying: "This facility is producing cutting-edge materials that are literally changing how aircraft are built," said Bethany Shockney, president and CEO, Limestone County Economic Development Association, in a statement.
"This investment is exactly the kind of economic momentum that makes Limestone County a great place to live and work," said Limestone County Commission Chair Collin Daly, in the statement.
