GE Vernova Inc. outlined a capital investment program for U.S. manufacturing and development operations totaling close to $600 million through 2027. It projected the investments would address issues involving energy affordability, national security, and manufacturing growth, and would prompt the creation of more than 1,500 new jobs. GE Vernova, which is the former General Electric portfolio of businesses that manufacture industrial and alternative energy systems, pegged the new U.S. investments as part of its broader, $9-billion global capital investment and research program. Among the planned U.S. investments:

• Greenville, SC ($160 million)
• Niskayuna, NY ($100 million)
• Parsippany, NJ, Bangor, ME, Schenectady, NY ($50 million each)
• Clearwater, FL, Charleroi, PA ($20 million each)
• Also Pensacola, Grand Forks, Amarillo, Wilmington, Pittsburgh

Energy Giant Outlines $600M US Expansion | GE Vernova | American Machinist