GE to Build Aircraft Engine Plant in IndianaPosted: Updated:
A global manufacturing partnership is set to make a huge manufacturing announcement in Tippecanoe County Wednesday morning. Inside INdiana Business has learned GE Aviation will locate a new jet aircraft engine operation in Lafayette. The plant will boost the state's already-strong aircraft technology sector that includes a GE Aviation components plant in Terre Haute and the aviation program at Purdue. General Electric Co. (NYSE: GE) Chief Executive Officer Jeffery Immelt provided a few clues about the project earlier this year during a National Governor's Association meeting.
Without announcing a location, Immelt said GE likes building around "great, high-class universities" to help fill a worker pipeline and re-invest in education.
The plant will build on a lengthy relationship between Purdue and the global manufacturer that goes back more than a century.
Immelt has stated the company has traditionally hired more students from Purdue than any other university in the world.
He discussed that relationship and GE's future during a special conversation in West Lafayette last year with Purdue University President Mitch Daniels.
Video Courtesy: Purdue University
Inside INdiana Business has learned the plant is expected to manufacture the LEAP engine, which will power next generation commercial aircraft.
Source: Inside INdiana BusinessMarch 25, 2014
Governor Mike Pence will join David Joyce, president and chief executive officer of GE Aviation, the world's largest jet engine manufacturer, on Wednesday at 10:15 a.m. in West Lafayette for a major economic development announcement regarding the global manufacturer's first-ever production facility in Indiana.
Source: Indiana Economic Development Corp.