# GE Vernova plans $22 million investment in Schenectady facility for advanced generators

GE Vernova announced a $22 million investment in its Schenectady facility to manufacture new advanced generators, expected to create over 150 new jobs. The investment follows a $50 million investment in 2023 for onshore wind turbines.

- Type: Investment
- Announced: 2024-07-10
- Where: Schenectady, New York, United States
- Value: $22.0M
- Jobs: 150
- Status: announced
- Products: H65 and H84 generators, stator bars, stator core system
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [GE Vernova](https://endata.com/companies/2947.md)

## Sources

- [gevernova.com](https://www.gevernova.com/news/press-releases/ge-vernova-plans-new-22-million-investment-schenectady-facility), 2024-07-10: "This investment will help us deliver for our global customers and allow us to expand our highly skilled work force in the Capital District."
- [turbomachinerymag.com](https://www.turbomachinerymag.com/view/ge-vernova-invests-22m-in-gas-power-generator-manufacturing-at-schenectady-facility), 2024-07-11: "GE Vernova plans to invest $22 million in its manufacturing facility in Schenectady, NY."

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