LOUISVILLE, KY. — GE Appliances, a Haier company, has unveiled plans to invest more than $3 billion in its U.S. operations over the next five years. The company plans to expand its air conditioning and water heating portfolio, increase production output across all product lines and further modernize its 11 U.S. manufacturing plants with new automation and capital equipment.
The first phase of investments will begin at GE Appliances plants in Kentucky, Alabama, Georgia, Tennessee and South Carolina.
Upon completion of the plan, Louisville-based GE Appliances will have invested $6.5 billion across its U.S. manufacturing plants and nationwide distribution network since 2016, which is the year that the company was sold by General Electric (NYSE: GE) to Haier. The new $3 billion announcement marks the second-largest investment in the company’s history.
The GE Appliances plant in Camden, S.C., currently produces gas water heaters. With the new investment, electric and hybrid water heater manufacturing will be added, doubling the plant’s output and employment once the project is complete. The first phase will be implemented by early 2026.
In December, GE Appliances will add two new models of air conditioners to its air and water product portfolio at its Selmer, Tenn., plant. Monogram Refrigeration LLC, a wholly owned subsidiary of GE Appliances, operates this facility.
Over the past two years, GE Appliances has made significant capital investments to transform its plant in LaFayette, Ga., to produce gas, electric and new induction ranges along with wall ovens and cooktops. Once solely focused on electric products, the plant is ramping up production of gas ranges previously made in Mexico. Roper Corp., a wholly owned subsidiary of GE Appliances, operates this facility.
In Decatur, Ala., the top-freezer refrigerator plant will insource six 22-cubic-foot models to better support customer demand. Production is anticipated to ramp up quickly by the end of this month.
A $490 million investment in Louisville will go toward the production of combo washer/dryers and front-load washers, creating 800 new jobs. The Louisville facility serves as the company’s largest U.S. manufacturing site and its global headquarters.
GE Appliances has added more than 4,000 new U.S. jobs since 2016. More than 1,000 new jobs are anticipated from the five-year plan announced today.
GE Appliances contributes more than $30 billion annually to the U.S. GDP and supports more than 113,000 jobs — both directly and indirectly — through its operations, suppliers and distribution network. The company manufactures and sells products under the Monogram, Café, GE Profile, GE, Haier and Hotpoint brands.
— Kristin Harlow