GE Appliances has announced a massive $450 million to create more than 1,000 jobs at its Appliance Park facility in Louisville.
Those jobs will be added by the end of 2023, and GE Appliances CEO Kevin Nolan said the business is only getting started during a news jobs conference on Wednesday, February 9.
He said: “We’ve been on a streak of four years of double-digit growth, we are the fastest-growing appliance company in the U.S, the sky’s the limit to where we’re going.”
Cinthy Fanning, GE Appliances vice president of dishwashers, added: “When you think about our product lines, the things that we’re offering, we’re also having to invest in equipment in assembly lines, In addition, we’re adding line shifts and those mean all new jobs to support the new products.”
Aside from the Louisville investment, Fanning said the company is spending more than $118 million to expand its kitchen appliance business in LaFayette, Georgia.
She claims that the investment will result in the creation of another 600 new jobs.
Manufacturing jobs at GE Appliances pay anywhere between $17.17 and $18.67 per hour, depending on which shift people work.
In today’s difficult labor market, Nolan said the company is filling vacancies “one by one.”
These investments are the latest in a string of expansions for the company since it was bought by the Chinese corporation Haier in 2016.
Over that time, the company claims to have invested $2 billion and created 3,000 new jobs at its manufacturing job units around the country.
7,300 of the company’s 15,000 employees work in the Bluegrass State.
In addition, the corporation claims to provide $6.1 billion to Kentucky’s GDP, as part of a total contribution of $20 billion to the country’s GDP.
GE Appliances vice president of clothes care Peter Pepe said the company will “continue to deliver those new products that we have out there and get them out there on time.”
He continued by saying “We have to continue to invest in our factories and capacity so we can continue to serve the marketplace in 2022, we’re expecting it to be a great year, but we have to have the capacity and ability to do that.”
Source: Courier Journal