GE Investing $65 Million In Dayton’s Aerospace Corridor | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 08.20.14 ** HD iPad-Friendly -- Airborne 08.20.14 **
** Airborne 08.18.14 ** HD iPad-Friendly -- Airborne 08.18.14 **
** Airborne 08.15.14 ** HD iPad-Friendly -- Airborne 08.15.14 **

Thu, May 03, 2012

GE Investing $65 Million In Dayton’s Aerospace Corridor

CEO Stresses Growth During Dayton Chamber Of Commerce Keynote

In a keynote address Monday to the Dayton Chamber of Commerce annual meeting, Lorraine Bolsinger, president and CEO of GE Aviation Systems said the company is committed to west-central Ohio. “GE Aviation will continue to grow its Dayton presence in a dramatic way,” she said. “GE plans to grow and attract talent to Dayton from around the world.”

Bolsinger (pictured) said the company is investing $17 million in capital improvements for its Dayton facilities, and another $50 million in its new Electrical Power Integrated Systems R & D center that will be operational next year. In the past five years, GE Aviation has added 400 jobs at its three Dayton plants, initiated construction of a new R&D center at the University of Dayton, and hopes the GE commitment to the region will bolster efforts by Ohio leaders to make Greater Dayton a test-flight hub for future unmanned aircraft.

GE Aviation is headquartered in the nearby Cincinnati suburb of Evendale, Ohio.

The new R&D center will be the intellectual heart and soul of GE’s electrical power business with potentially 150 – 200 researchers in the next five years depending on future programs.

The R & D center will position GE to pursue business for the next generation of planes, many of which will be unmanned aerial vehicles (UAVs). GE is a big player in this emerging market, providing electrical power and distribution for such UAVs as the Global Hawk, a surveillance plane used in Afghanistan. The use of UAVs is growing rapidly in both military and commercial aviation. The Teal Group predicts the annual $6 billion spend in UAVs worldwide will nearly double in the next decade.

Within the next year, the FAA will designate six sites across the U.S. as future flight testing centers for UAVs. Ohio is engaged in this important competition with at least 22 other states. “This will be hotly contested and will have long-term implications for Ohio,” Bolsinger said. “We hope that GE’s presence in Dayton will play a positive role in Ohio’s effort to become a future hub for UAV test activity. This is an opportunity to establish an enduring relationship between the FAA, Wright-Patterson, NASA and Ohio aerospace. Let’s make sure Ohio is part of the next exciting chapter in aviation history.”

GE has a sizable footprint in Ohio with 22 locations and 15,000 employees across several divisions – including the Aviation headquarters near Cincinnati – and the Lighting headquarters in Cleveland. GE employs 2,600 workers in the Dayton area – including three Aviation sites – and a large credit card operation in Kettering.

FMI: www.ge.com/aviation

Advertisement

More News

Airborne 08.20.14: Unstable FAA Software, Pilots Can't Share, Hurricane Hunters

Also: New CAP Boss, Eclipse Fights Slow Economy, Skyport, MGL Upgrades, Lee Bottom Fly-In The Department of Transportation Inspector General has issued a memo to the FAA Administra>[...]

Airborne 08.20.14: Unstable FAA Software, Pilots Can't Share, Hurricane Hunters

Also: New CAP Boss, Eclipse Fights Slow Economy, Skyport, MGL Upgrades, Lee Bottom Fly-In The Department of Transportation Inspector General has issued a memo to the FAA Administra>[...]

AD: Bombardier, Inc. Airplanes

AD NUMBER: 2014-16-06 PRODUCT: Certain Bombardier, Inc. Model CL-600-2B16 (CL-604 Variant) airplanes.>[...]

AD: Airbus Airplanes

AD NUMBER: 2013-13-13 PRODUCT: All Airbus Model A310 series airplanes; and Model A300 B4-600, B4-600R, and F4-600R series airplanes, and Model A300 C4-605R Variant F airplanes (col>[...]

ANN's Daily Aero-Linx (08.21.14)

Hatz Biplane Association The official webpage of the Hatz Biplane Association, dedicated to the education and enjoyment of building and flying Hatz CB-1, Classic, Bantam, and Kelly>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC