Incentives Do Work | GE to Expand in NC | Aviation in Wilmington/Castle Hayne

Wilmington / Castle Hayne NC

In May the New Hanover county commissioners agreed on a 875,000 incentive plan to General Electric Aviation, Castle Hayne site on a planned investment of 63 million dollars. There will be additional jobs added, but the bulk of the investment is to purchase new progressive technology.  Very good news for our area.  The planned investments will include a new manufacturing center in Ashville NC.  The announcements were made at the Paris Air Show this week.  Orders for LEAP, CF34 and GEnx-1B engines were announced as well.  There is a global demand for these engines, prompting GE to invest in the NC plants.

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