GE Plans Locomotive Plant in Ft. Worth, TX
GE Transportation said Friday that it intends to open a new 900,000 square foot locomotive manufacturing facility in Fort Worth, TX, â€śto meet accelerating global demand.â€ť GE said it will invest up to $96 million in the new plant and will create more than 500 new high-tech manufacturing jobs.
At the same time, GE Transportation also will expand its manufacturing workforce at its Erie, PA, plant by hiring an additional 250 workers.
â€śGE Transportation is experiencing strong U.S. and global growth because of its technical leadership and we need to increase our manufacturing capacity and flexibility,â€ť said GE Chairman and CEO Jeffrey Immelt. â€śThis new state-of-the-art plant in Fort Worth, Texas will produce the worldâ€™s most advanced locomotives and transportation products, expand our service and repair capability, and create hundreds of new high-tech manufacturing jobs.â€ť
â€śWe are excited to expand our operational footprint in the United States to better serve our customers,â€ť added Lorenzo Simonelli, President and CEO of GE Transportation. â€śWe see robust growth in the U.S. and around the globe. A new site will help us to effectively respond to the cyclical demand in the transportation industry and to strengthen our overall position.â€ť
The State of Texas will commit up to $4.2 million in incentives toward the projectthrough the Texas Enterprise Fund (TEF). GE Transportation said its new manufacturing site in the U.S. will complement its existing manufacturing operations in North America. The company noted it has recalled approximately 800 production workers at its Erie manufacturing facility since late 2010 and announced 450 new jobs since April (including those announced Friday). GE Transportation operates at more than 50 GE and customer facilities in the United States.