GE Appliances has had a very big year, making considerable investments in U.S. manufacturing. Earlier this year, they made a commitment to open 4 new distribution centers across the United States at a cost of $150 million. The new distribution centers will create 220 new jobs. Then, in May, the company announced another $9.3 million investment in their Tennessee production facility, adding production lines that will create another 210 new jobs. In June, GE Appliances made yet another announcement, this time regarding a $115 million investment to expand their Alabama manufacturing facility, adding an additional 225 new jobs to the local economy.
In their biggest announcement in an already big year, GE Appliances stated last week that their Louisville, Kentucky dishwasher and laundry manufacturing facility will be expanding operations to meet growing consumer demand. The $200 million investment will increase manufacturing capacity in the laundry production facility by 20 percent and in the dishwasher production facility by 35 percent. This will create an additional 400 new, full-time manufacturing jobs.
Kevin Nolan, president and chief executive officer for GE Appliances, said, “The investments we are making today continue our mission of creating product and production supersites where we can more efficiently channel our innovation and manufacturing expertise by product line.”
“GE Appliances has long been an exemplary corporate partner for Louisville and the Commonwealth,” Kentucky Governor Matt Bevin said. “This iconic company has employed many thousands of Kentuckians for generations, and we are grateful for their most recent investment in the Bluegrass State. As GE Appliances continues to adapt to a changing marketplace, we are confident that they will remain a perfect fit right here in Kentucky —America’s center for engineering and manufacturing excellence.”
GE Appliances has stated changes in corporate tax rates and the revised tax on investments in machinery, like the kind used to produce dishwashers and washing machines, were the driving force in their decision to make such substantial investments in these facilities and in the future of manufacturing in America.