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FOR IMMEDIATE RELEASE

May 29, 2007


GE SELECTS SITE FOR SPECIAL COMPOSITES COMPONENT FACTORY IN MISSISSIPPI

 

BATESVILLE, Mississippi — General Electric Company (GE) will break ground this summer on a new jet engine component factory near Batesville in northwest Mississippi.

 

GE Aviation, a GE division and world-leading producer of jet engines, is creating a 200,000 square-foot facility to specialize in advanced composite engine components. Groundbreaking is planned in August; the plant is expected to become operational by early 2009.

 

Based on current demand for its jet engines, GE anticipates hiring to begin in 2008, with the workforce expected to exceed 100 people within the first 18 months of operation.

 

GE worked closely with the Mississippi Development Authority (MDA) to secure the Batesville area location. The MDA, the city of Batesville, and the Tennessee Valley Authority have provided technical support and incentives to ensure a smooth and successful start-up.

 

“Support throughout the state of Mississippi for this new operation has been critical and very gratifying,” said Scott Donnelly, president and CEO of GE Aviation, headquartered near Cincinnati, Ohio.

 

"When we announced last year Mississippi would be the site of this project, GE officials said it would involve the most sophisticated manufacturing techniques the company does at any of its worldwide facilities,” said Mississippi Governor Haley Barbour. “To have the leader in advanced composites for jet engines bring such specialized high technology capability to Panola County puts Mississippi on the ground floor of an exciting growth business, and is a testament to the skills of our people and the outstanding nature of our educational institutions."

 

To prepare for the new factory, GE in 2006 teamed with the Mississippi State University’s (MSU) College of Engineering at its Raspet laboratory on an incubator program to demonstrate the production of composite components for jet engines.

 

The MSU and GE team at Raspet is successfully fabricating carbon fiber and epoxy resin composite components called “fan platforms,” which are installed in between the front fan blades of GE’s most powerful commercial jet engines. The Raspet success has been an important precursor to GE establishing a permanent site in Mississippi. Raspet will continue to fabricate composite components for GE until the new facility is operational.

 

GE develops and produces the world’s most advanced composite components in jet engines, which provide greater durability and engine weight savings, which translate directly into better aircraft fuel efficiency. GE introduced composite fan blades to jet travel in 1995 with its GE90 engine on the Boeing 777. The GEnx, a new GE engine to enter service in 2008 on the Boeing 787, is the only jet engine with composite fan blades and a composite fan case. Composites are also in GE’s advanced military engines.

 

Buoyed by continuing sales success of GE90 and GEnx engines, GE composite production is growing. The new Batesville plant will produce composite fan blade platforms for the highly-popular GEnx engine which enters airline service in 2008. (GE’s composite fan blades and fan cases are produced at other facilities.) The Batesville plant is also expected to produce composite components for GE military engines, including components for the F136 engine being developed jointly by GE and Rolls-Royce. The F136 will power the F35 U.S. Joint Strike Fighter (JSF) program.


GE Aviation generated revenues of $15.6 billion in 2006. The company also has the largest and fastest-growing installed base of jet engines in commercial aviation and a global services network to support them. Earlier this month, GE Aviation acquired Smiths Aerospace, a U.K.-based supplier of integrated systems for aircraft manufacturers and components for engine builders.

 

GE Aviation employs approximately 38,000 people and operates more than 80 facilities around the world. Engine assembly is performed at facilities in: Cincinnati and Peebles, Ohio; Durham, North Carolina; and Lynn, Massachusetts. Engine overhaul, maintenance and on-wing support facilities are located in the U.S., Wales, Scotland, England, and Hungary

 

The company invests $1 billion annually in jet propulsion R&D programs. This long tradition of commitment to new technology has helped GE maintains its leadership position within the industry with a proud list of “firsts” in both military and commercial jet propulsion, tracing back to 1942 with America’s first jet engine.

 

Visit GE Aviation at www.ge.com/aviation.