INDIANAPOLIS (WISH) – GE Aviation will invest $100 million in a new Indiana manufacturing facility in Lafayette.
GE Aviation is promising more than 200 jobs by the year 2020 with the potential to create more. The announcement was made at Purdue University because Purdue was a key factor in the decision.
“We’re really big on being close to significant higher education,” said GE Aviation CEO David Joyce.
“Our students are tailor made for leadership in places like this,” said Purdue President Mitch Daniels, “and I don’t doubt that a lot of them will get their start here.”
In fact, the relationship between GE and Purdue is already well established.
“No company hires more Purdue graduates year in, year out than GE,” Daniels said during formal remarks at the announcement, “and I’m told that no university, no single university, supplies more employees to GE than Purdue.”
It allowed Governor Mike Pence to stand on stage next to a jet engine to deliver the news that ground will be broken in Lafayette in June on the GE Aviation manufacturing facility.
The plant will make the LEAP engine. That’s short for Leading Edge Aviation Propulsion.
GE Aviation just started building them.
“It’s just an incredible product,” said Joyce. “We already sold 6,000 of these engines and we don’t deliver the first one to the first airline customer until 2016. So we’re kind of in a hurry.”
1,200 Purdue graduates already work for GE. Hiring at the new plant starts next year. The new engine will be used by Airbus and Boeing passenger jets and will be sold to airlines worldwide.