Haiers appliance manufacturing company GE Appliances (GEA) announced a $62mn investment to expand production at its massive, 750-acre manufacturing complex in Louisville, the USA. The expansion will create 260 new jobs as each of the three major manufacturing plants at Appliance Park.
- The fund will to produce more washers, dryers, dishwashers and refrigerators.
A $43 million investment will be used to manufacture GE, GE Profile and Café four-door models in the Parks refrigeration plant.
- The four-door refrigerator consisting of a traditional French door fresh food area, a freezer and a convertible section that can be used as either a freezer or refrigerator is the fastest-growing design in high-end refrigeration.
The major investments and partnership by GE Appliances are mentioned below:
February 2020: GE Appliances (GEA), had announced the completion of its $125 million investment at its refrigeration plant in Decatur, Alabama, the USA. The fresh investment boosted production capacity by 25% and making the plant a super site for GE Appliances top-freezer refrigeration production. The expansion of Decatur facility created 255 new job opportunities, bringing total employment to 1,300 at whole plant.
September 2019: GE Appliances, announced investment of $60 million to build a Manufacturing Center of Excellence for the production of water heaters at its Camden, South Carolina plant. Water heater production facility strengthens the company capacity for future growth. The new manufacturing line is targeted to start production in the fourth quarter of 2020.
June 2019: GE Appliances (GEA), announced three significant investments of total $130 million and job growth initiatives in Georgia that will significantly expand the companys operations in the state. The company has invested $43 million at Roper Corporation facility in Walker County, creating 100 new jobs; a $32 million investment to build a new Southern Logistics Center in Murray County that will create 100 new jobs, and in Jackson County, a new $55 million smart warehouse creating 100 new jobs.
April 2019: GE Appliances, has been selected as the exclusive appliance partner of Perry Homes, a leading U.S. residential homebuilder in Texas. GE Appliances will furnish Perry Homes new construction homes and model homes with Monogram, CAFÉ, Profile and GE brands.
About GE Appliances
GE Appliances, headquartered in Louisville, Kentucky,the USA, is a worlds leading designer and builder of the world’s best appliances. The company also operates manufacturing facilities in Decatur, Alabama and has wholly-owned subsidiaries in LaFayette, Georgia, and Selmer, Tennessee. GE Appliances is an owner of global brands like Monogram, CAFÉ, GE Profile, GE, Haier and Hotpoint.
In 2016, Haier Group has acquired GE Appliances. It has a wide range of products include refrigerators, freezers, air conditioners, cooking products, dishwashers, washers, dryers, and water filtration systems.