GE Appliances Announces $490 Million Manufacturing Plant Investment

GE Appliances, a Haier company, has announced a $490 million investment at its Louisville, KY, global headquarters and largest manufacturing site to create its most advanced manufacturing plant for production of clothes washers. The project will create 800 new, full-time jobs and cement Kentucky's position as a global hub for advanced appliance manufacturing. This investment positions the company to become the biggest American washer manufacturer, building on GE Appliances' 10-year, $3.5 billion investment in U.S. manufacturing.

"We are bringing laundry production to our global headquarters in Louisville because manufacturing in the U.S. is fundamental to our `zero-distance' business strategy to make appliances as close as possible to our customers and consumers," said Kevin Nolan, President and CEO, GE Appliances. "This decision is our most recent product reshoring and aligns with the current economic and policy environment."

This investment will move production of more than 15 models of front load washers to Building 2 at Appliance Park-bringing the total area of clothes care production to the equivalent of 33 football fields. Next door, Building 1 at Appliance Park produces top load washers and front load dryers. Building 2 will be redesigned as a model factory, showcasing the latest in automation, robotics and material handling technologies, including automated guided vehicles (AGVs) and autonomous mobile robots (AMRs). The plant is vertically integrated and will include in-house manufacturing of critical parts, such as stainless steel baskets and cabinets, high-precision metal stamping and forming and injection molding and production equipment. The new manufacturing lines will open in 2027.

For more information contact:

GE Appliances

4000 Buechel Bank Road

Louisville, KY 40225

www.geappliancesco.com