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GE Aviation plans $92M investment, 200 jobs in first Indiana plant

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GE Aviation plans to invest $92 million and create 200 jobs at a jet-engine manufacturing plant in Lafayette—its first production facility in Indiana and one that could expand to add hundreds of additional workers.

The jobs will pay an average of $36 per hour, or about $75,000 per year. The state's incentive deal includes $3.3 million in conditional Economic Development for a Growing Economy, or EDGE, tax credits; an industrial development grant of up to $1.35 million; and $332,000 in training grants.

Details of the company's plans emerged at a Tuesday morning board meeting of the Indiana Economic Development Corp. Gov. Mike Pence and GE Aviation CEO David Joyce are scheduled to make an official announcement at Purdue University Airport on Wednesday.

IEDC Board Member Robert N. "Bob" Taylor called the project an "early phase of what could be more to come." The facility will build GE Aviation's next-generation Leading Edge Aviation Propulsion, or LEAP engine, of which the company already has orders for 6,000.

GE Aviation, based outside Cincinnati, is the world's largest jet engine maker and a unit of Connecticut-based General Electric Co.

The company employs more than 40,000 people and recorded 2013 revenue of $21.9 billion. It is one of three companies that dominate jet-engine manufacturing globally.

The others are Connecticut-based Pratt & Whitney and London-based Rolls-Royce, which employs more than 4,000 people in Indianapolis.

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  • Clarification
    Curt, we should have been clearer and said first engine-production plant in Indiana in the modern era. The GE Aviation division does have a facility in Terre Haute, but it is listed as a repair facility, not a production plant. The parent company did make motors and turbochargers for aircraft in Fort Wayne during WWII, but the aircraft operations of GE were not officially known as GE Aviation until 2005.
  • Not the 1st GE Aviation Plant...
    A bit of research will most likely show that this will NOT be the 1st GE Aviation plant in IN. There is currently a GE Aviation plant in Terre Haute and there was a GE Aviation plant in Ft. Wayne on Taylor Street during WWII. My mother worked there...
    • Welcome
      Aviation Institute of Maintenance says, "Welcome to Indiana." With 11 campuses nation wide AIM is the largest educator of aircraft mechanics in the country and we are always happy to see this kind of news. I know our local Indianapolis campus will be happy to provided qualified technicians to GE when the time comes.
    • Good but....
      I find it good that GE Aviation has ideas of coming to Indiana but I don't find it to smart that they have decided to choose West Lafayette. If GE Aviation would have done a little more research on a choice of location, they might have found out the AAR Aircraft Services lease is coming up this coming summer. That facility was initially created for United Airlines back in the day and houses 10 hangars not counting what Republic owns, and has an additional separate office building which is occupied by Express Scripts/Accedo. If GE Aviation was to just buy the lease of those buildings and with a little investment in some renovating GE could easily save some money and still have a great facility that is more readily available to; a major airport, interstate transportation for shipping, and potential employees since Vincennes University Aviation Technology Center which grads an average of 10 certified A&P techs every testing block. -AAR Employee intern and 2014 grad of Vincennes University ATC, A&P Pending
    • Jobs
      Are these jobs just Purdue students and educated people or can anyone send a resume in. Do you have to have a degree
    • FINALLY
      Indiana is finally getting a few high paying jobs. The daylight saving time is finally showing a reward. I assume these are union jobs. I am so surprised they came to Indiana.
    • Mitch
      Probably has more to do with Mitch, than Mike. Regardless, good new fir Indiana. I just think Pence is more of a GOP stooge, than an out-of-the box thinker like Mitch. The placement is suspect too, West Lafayette. I know with the "enginee" talent pool up there, but I bet Mitch had a hand in this. Big win!
    • Great job Governor
      Once again our elected leaders triumph over our neighboring states. We have a great work ethic here in The Hoosier State, reasonable labor rates and a wealth of technology at our disposal. Hats off to The Governor, Purdue, Lafayette and to low taxes.

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