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GE Aerospace to invest nearly $1B in US manufacturing

GE Aerospace announced on Tuesday an investment of approximately one billion dollars in American manufacturing, the latest company in the Trump administration.

The company said that the investment will help “enhance manufacturing and increase the use of new parts and materials required for the future of the trip.” It represents the latest money -returning company to the American economy.

GE said that the money, which is close to last year’s commitment, will help increase the safety and quality of engines and quality, and benefit more than twenty societies in 16 states. GE said it would also use about 5,000 manufacturing and engineering workers in the United States.

Elie Lily invests 27 billion dollars in the United States manufacturing

Since President Donald Trump had sworn in earlier this year, the administration has been trying to reshape global trade standards to enhance manufacturing on American soil.

GENERAL Electric logo on the Je Aviation CF6-80C Jet engine while hanging from the Airbus A300-600- 600 BELGA Super Transporter. (Balint PornCzi / Bloomberg via Getty Images / Getty Images)

The CEO of GE Aerospace H. Lawrence Culp JR. The company helps its customers to update and expand their fleets while expanding the scope of innovative technologies, noting that this “will keep the United States at the forefront of aviation leadership.”

Apple reveals a historic investment of $ 500 billion in American manufacturing, innovation: “future rise”

He said, “Investing in manufacturing and innovation is more important than ever for the future of our industry and the societies in which we work,” he said.

Elie Lily announced last month that it was investing an additional 27 billion dollars to enhance domestic drug production, which amounts to the total investment of the company in the United States for more than 50 billion dollars since 2020.

index protection last Changing % Change
Aapl Apple Inc. 216.98 -3.86

-1.75 %

GE GE aerospace 195.03 +3.38

+1.76 %

To Eli Lily and Partners. 822.27 -1.50

-18 %

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Apple has also announced that it has committed $ 500 billion over the next five years, which will include the construction of an advanced artificial intelligence factory near Houston, in addition to doubling the company’s advanced manufacturing fund from 5 billion dollars to 10 billion dollars.

Signs at General Electric Company stand in Lynn, Massachusetts, on March 31, 2020. (Scott Eisen / Bloomberg via Getty Images / Getty Images)

The technology giant also plans to create Apple Manufacturing Academy In Detroit, In addition to employing 20,000 new employees, focusing on research, development, silicone engineering, artificial intelligence and machine learning.

SoftBank, Damac, Meta and others also adhered to investing in the United States under Trump’s leadership.

2025-03-12 15:29:00

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