GE Aviation to open new $50m facility in Hooksett

GE Aviation held a groundbreaking ceremony for a new expansion at its facility here today. GE Aviation began building a 55,000 square-foot expansion today to increase capacity driven by a record backlog in its commercial engines business. This will represent a nearly $50 million investment in Hooksett over the next decade.

GE has a significant presence in New Hampshire, employing more than 1,100 across the state. GE Aviation employs 740 at its Hooksett facility, where employees manufacture rotating parts for military and commercial jet engines. While the expansion for Hooksett will not result immediately in adding additional employees, it will contribute significantly to maintaining stable employment levels at the plant for many years to come.

“This investment will position Hooksett to play a pivotal role in the development of GE Aviation's world-class engines, well known for their durability, reliability and efficiency,” stated Colleen Athans, GE Aviation vice president and general manager, Supply Chain.

New Hampshire Governor Maggie Hassan attended the groundbreaking ceremony and commented, “This expansion demonstrates GE Aviation's long-term commitment to Hooksett and the State of New Hampshire, as well as how our state’s high quality of life, highly skilled workforce, low-tax environment and responsive state government make us as attractive a state for business as any in the country. We are grateful for GE Aviation’s commitment to the Granite State and the additional growth this expansion will help inspire across the state.”

GE exports to every region of the world, making exports critical to GE business. Approximately 60 percent of GE Aviation’s $24 billion annual revenue comes from exports of their U.S.-made products and services.

GE Aviation, an operating unit of GE, is a world-leading provider of jet and turboprop engines, components and integrated systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings.

Source and image: GE