Universities Help Attract GE
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowInside INdiana Business has learned a GE Aviation plant in Lafayette will produce the LEAP engine, which is designed to power next-generation commercial aircraft. Governor Mike Pence and GE Aviation Chief Executive Officer David Joyce will make the announcement Wednesday in Tippecanoe County. The planned manufacturing facility will build on the history between GE and Purdue University that goes back more than 100 years. Speaking at the National Governors Association Winter Meeting, General Electric Co. (NYSE: GE) CEO Jeff Immelt outlined the company's plant location strategy, including a desire to connect with universities. Immelt also hit on that theme late last year in West Lafayette during a public conversation with Purdue University President Mitch Daniels.
The head of the global manufacturer has stated Purdue traditionally produces the most employees for GE, compared to all other university's in the world.
A Purdue Alumnus article with Immelt from last year expands on the relationship. You can read it by clicking here.
Inside INdiana Business has also learned orders for 5,000 LEAP engines are already on the books.
Source: Inside INdiana Busines, Purdue Alumnus
March 25, 2014
News Release
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.