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Reading: GE Aerospace to invest nearly $1B in US manufacturing
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inkeinspires.com > Business > GE Aerospace to invest nearly $1B in US manufacturing
Business

GE Aerospace to invest nearly $1B in US manufacturing

MTHANNACH
Last updated: March 12, 2025 4:08 pm
MTHANNACH Published March 12, 2025
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The CEO of Goldman Sachs, David Solomon, discusses the reflections of the business world on the prices of President Donald Trump, support for small businesses, the deregulation of banks and making America the cryptographic world capital.

Ge Aerospace announced on Tuesday an investment of nearly $ 1 billion in American manufacturing, the last company to do so under the Trump administration.

The company said that investment will help “strengthen manufacturing and increase the use of new innovative parts and materials necessary for the future of theft”. He marks the last company to put money in the American economy.

GE said that the funds, almost double the commitment of last year, will help increase the security, quality and delivery of engines, benefiting more than two dozen communities in 16 states. GE said that he would also hire around 5,000 American manufacturing and engineering workers.

Eli Lilly invests 27 billion dollars more in American manufacturing

Since Trump has been sworn in power earlier this year, the administration has tried to reshape global trade standards to stimulate manufacturing on American soil.

The General Electric Co. logo on a CF6-80C CF6-80C reaction engine because it is suspended from the wing of a super transporter Airbus A300-600 aircraft. (Balint Pornnczi / Bloomberg via Getty Images / Getty Images)

The CEO of Ge Aerospace, H. Lawrence Culp Jr.

Apple unveils a historic investment of $ 500 billion in American manufacturing, innovation: “ bullish on the future ”

“Investing in manufacturing and innovation is more critical than ever for the future of our industry and the communities in which we operate,” he said.

Eli Lilly announced last month that he was investing an additional 27 billion dollars to stimulate the domestic production of drugs, which brought the total American manufacturing investments of the company to more than $ 50 billion since 2020.

TeleprinterSecurityLastChangeChange %
AaplApple inc.220.84-6.64

-2.92%

GeGe aerospace191.72-0.40

-0.21%

LlyEli Lilly & Co.824.06-5.70

-0.69%

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Apple has also announced that it hires $ 500 billion over the next five years, which will involve building an AI advanced server manufacturing plant near Houston, as well as double the company’s advanced manufacturing fund from $ 5 billion to $ 10 billion.

The signaling is at the Aviation Installation General Electric Co. (GE) in Lynn, Massachusetts, United States, Tuesday March 31, 2020. (Scott Eisen / Bloomberg via Getty Images / Getty Images)

The technology giant also plans to establish an apple manufacturing academy in Detroit, In addition to hiring 20,000 new employees who focus on research and development, silicon engineering, artificial intelligence and automatic learning.

Softbank, Damac, Meta and others have also been committed to investing in the United States under Trump.

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