An investment of nearly $32 million has been allocated to the GE Aerospace facility in Rutland, according to a company news release last Wednesday, March 12. The money will be spent on new machines, upgrades, precision equipment, and specialized tooling to support the production of components for aircraft engines, the release noted. Specifically “specialized tooling to support the production of components used in narrowbody and widebody aircraft engines, along with military helicopter and fighter jet engines,” it noted.
GE Aerospace said it is planning to hire 5,000 workers nationally; it is unclear how many more Rutland may be seeking. Currently, there are over 1,000 people employed at Rutland site and 20 positions are open.
This investment is the second major influx in just over a year. About this time last year, GE announced a $24.9 million investment which comprised of industrial ovens, inspection equipment, grinders, tumblers and tooling equipment.