Captive Heat Treater Receiving Substantial Investment
For a number of years “The Monty Heat Treat News” has offered a heat treatment industry exclusive-a list of the “15 Largest Single Location Captive Heat Treats in North America”, it now appears that one of the locations on the list will be receiving a very substantial investment.
Located in Greenville, South Carolina, USA “GE Vernova Inc.”, is a supplier of gas turbines for power generation and in 2024 it was ranked as the 14th largest single location captive heat treater in North America by “The Monty”. At that point in time the facility had 16 horizontal vacuum furnaces provided by several different furnace builders. At this point in time, we are unable to confirm whether this substantial investment will include expanding the location’s heat-treating capabilities.
“GREENVILLE, SC (January 29, 2025) – With global energy needs forecasted to double, GE Vernova Inc. (NYSE:GEV), America’s leading energy manufacturing company, announced plans today to invest more than $160 million and hire more than 650 new employees at its Greenville facility.
The substantial investments – the largest since the company’s spinoff in April – will help meet soaring customer demand, strengthen domestic supply chains, and continue developing cutting-edge American technology that helps power the world. The investments will also help enable U.S. energy affordability, security, resilience, and competitiveness while enabling the American manufacturing footprint to support global exports.
“These investments will have a significant impact on the Upstate today and for years to come,” said Shane Long, Supply Chain Leader, GE Vernova’s Gas Power business. “Beyond the immediate jobs additions and capacity expansion, this investment will allow Greenville to maintain and strengthen its position as the world’s center of gas turbine manufacturing.”
The investments in Greenville are part of a larger nearly $600 million planned investment across the U.S. the company announced earlier today and are the first part of a larger $9 billion cumulative global capital and R&D investment plan through 2028 across the company’s facilities in the U.S.
Currently GE Vernova has more than 2,500 workers in the state. This includes manufacturing, engineering and many other specialties. The factory has produced gas turbines for markets across the U.S. and globally since 1968.
Last year, Scott Strazik, CEO of GE Vernova, announced plans to increase global capacity of heavy-duty gas turbines more than 25% to meet robust demand. Today’s announcement is in addition to the $35 million the company invested in the facility last year.”
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