# GE Aerospace to invest $22M in Castle Hayne plant capacity

GE Aerospace announced plans to invest over $22 million to increase capacity at its Castle Hayne, North Carolina facility, as part of a broader $650 million global investment in manufacturing facilities and supply chains. The investment will fund new machines, specialized tooling and building improvements.

- Type: Expansion
- Announced: 2024-03-13
- Where: Castle Hayne, North Carolina, United States
- Value: $22.0M
- Status: announced
- Products: aircraft engine parts
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [GE Aerospace](https://endata.com/companies/9857.md)

## Sources

- [wilmingtonbiz.com](https://www.wilmingtonbiz.com/technology/2024/03/13/ge_aerospace_to_invest_22m_in_castle_hayne_plant/25386), 2024-03-13: "GE Aerospace announced plans this week to invest more than $22 million to increase capacity at its Castle Hayne plant."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.