Europe’s manufacturing sector gets boost with €78 million investment from GE Aerospace
GE Aerospace is to invest more than €78 million in its European manufacturing sites during 2025 as the company looks to expand key facilities and scale up innovative…
March 27, 2025
GE Aerospace is to invest more than €78 million in its European manufacturing sites during 2025 as the company looks to expand key facilities and scale up innovative manufacturing processes.
The strategic investment follows the news earlier this year that GE Aerospace delivered a strong finish to 2024, capping off a monumental first year as a standalone company with $1.7 billion of profit growth and $1.3 billion of free cash flow growth.
According to Riccardo Procacci, president and CEO, Propulsion and Additive Technologies at GE Aerospace, “the investment will ensure that we continue to meet the evolving needs of the aerospace industry in Europe and is evidence of [the company’s] strong commitment to supporting the communities and economies where we operate.”
European investment
Investments are being made across five European countries, including Italy, Poland, Czech Republic, UK and Romania, with a large chunk of the investment allocated toward additional engine test cells, new equipment and cutting-edge technology, including AI-enabled inspection techniques. Over 500 jobs will also be open across sites in Europe this year.
Italy will benefit from a significant chunk of the investment, with €55.6 million being allocated to new test cells and new capabilities for current ones, additional equipment to support ramp and continuity, inspection technology, new tooling and structure across several sites that produce aircraft engines, along with engines for military fighter jets and helicopters.
The investment underpins GE Aerospace’s commitment to supporting the European workforce and suppliers and builds on the company’s €64 million investment in manufacturing and a broader €122 million investment in MRO and component repair facilities in 2024.
Korean Air order
GE Aerospace is also celebrating the announcement that Korean Air has placed an order for GEnx and GE9X engines to power the 20 Boeing 777-9s and up to 30 787-10s it has agreed to purchase. The order includes an agreement to cover MRO services for the GE9X engines with both engines certified to run on sustainable aviation fuel (SAF) blends.
