Headlines
GE Appliances to invest over $3 billion in US manufacturing push
Published by Global Banking and Finance Review
Posted on August 13, 2025
2 min readLast updated: January 22, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on August 13, 2025
2 min readLast updated: January 22, 2026
GE Appliances plans a $3 billion investment in US manufacturing, creating 1,000 jobs and modernizing plants, following Trump's tariff policies.
(Reuters) -Haier-owned GE Appliances said on Wednesday it plans to invest more than $3 billion over five years in its U.S. operations and workforce following the Trump administration's tariff policies aimed at boosting domestic manufacturing.
Global firms have been increasing their investments and presence in the United States after President Donald Trump pushed companies across sectors, including Apple and Ford, to produce goods within the country and generate jobs.
The GE Appliances investment will create 1,000 jobs in five states and is aimed at expanding the company's air conditioning and water heating portfolio, increasing production output and modernizing its 11 U.S. manufacturing plants with new automation and capital equipment, the home appliances maker said.
Earlier this year, peer Carrier Global also said it planned to invest $1 billion over five years in the U.S.
By the time the plan is complete, Louisville, Kentucky-headquartered GE Appliances said it will have invested $6.5 billion across its U.S. manufacturing plants and distribution network since it was acquired by Chinese consumer electronics major Haier from General Electric in 2016.
(Reporting by Aatreyee Dasgupta and Anshuman Tripathy in Bengaluru)
Manufacturing is the process of converting raw materials into finished goods through the use of labor, machines, tools, and chemical or biological processing.
Investment refers to the allocation of resources, usually money, in order to generate income or profit. It can involve purchasing assets such as stocks, bonds, or real estate.
Job creation is the process of providing new employment opportunities, often through business expansion or new ventures, which can help reduce unemployment rates.
Economic impact refers to the effect that an event, policy, or investment has on the economy of a region or country, including changes in employment, income, and business activity.
Automation is the use of technology to perform tasks without human intervention, often to increase efficiency and reduce labor costs in manufacturing and other industries.
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