GE Aviation’s $105 Million Investment into Asheville Facility

March 05 2018

GE Aviation plans to invest $105 million into its operations in Asheville, creating 131 jobs to support its new technology, machinery and additional equipment. The Evendale, Ohio-based company said that the investment made this year will help accommodate an uptick in local production of ceramic matrix composite components for jet engines. It is also expected to assist in creating increased capacity in its legacy nickel alloy rotating parts.

Additional investments create the need to expand its workforce, currently at approximately 425 employees, the company said. Wages for the new positions are expected to pay about 30 percent above the average wage in Buncombe County.

For identifying growth opportunities for ceramics matrix composites in the global aerospace industry, please visit
http://www.lucintel.com/cmc_in_global_aerospace_market_2016.aspx

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