Print
More News

GE Aviation's $55B In Orders To Impact Wilmington Plant

By Christina Haley O'Neal, posted Jun 20, 2019
Some of the components that make up the GE9X engine (pictured) are made in Wilmington. (Photo courtesy of GE Aviation)
GE Aviation’s record-setting orders out of the Paris Air Show this week will eventually trickle down to the company’s operation in Wilmington.

GE Aviation and its joint venture company CFM International, a 50/50 joint venture between GE and Safran Aircraft Engines, announced Thursday $55 billion in jet engines, services, avionics and digital orders at the show, according to a news release.

Those orders will have an impact on the local operations because some engine parts are manufactured in Wilmington.

“We are in hiring mode and the success of the business translates into continued job growth,” said Jason Swinny, GE Aviation Wilmington site leader, in an email. “We are hiring more than 30 people in 2019. The parts we are making here are on most of new engine platforms for GE and CFM engines.”

The company said it was hiring there in May. Officials said Thursday that the company has already hired 40 people this year, and plan to hire the additional 30 by the end of the year.

The Paris Air Show began June 17. Among its highlights, GE’s GE9X engine made its debut at the show. Officials said it's the largest commercial engine and it received more than 7,000 orders with eight customers on its books.

CFM International also announced orders and commitments for more than 1,150 LEAP engines at the show this week, as well as some long-term services agreements: a total value of about $50.2 billion, GE Aviation officials said in an email.

While it could take years to schedule orders with customers and bring them to shipment, officials said demand has been increasing, and GE has been working to continue to raise the number of shipments each year.

GE Aviation's Wilmington site makes rotating parts for engines. The company has invested about $120 million in its Wilmington operations over the past six years, officials said.

GE has 4,550 employees in North Carolina, six manufacturing sites, 22 educational partners and 554 suppliers, officials said in an email, adding that GE Aviation has around 650 employees at its Wilmington facility.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Hardy revised

Explore Careers in the Booming Field of Gerontology

Charles Hardy - UNCW College of Health and Human Services
Michaelhiggins 41019104338

Oleander Memorial Gardens Offers New Final Family Resting Places

Michael Higgins - Dignity Memorial
Mike stonestreet 300x300

Protecting Your Home from Floods

Mike Stonestreet - CAMS (Community Association Management Services)

Trending News

More Retail Tenants Announced For RiverLights In Wilmington

Cece Nunn - Jul 22, 2019

Proclaim Interactive Acquires Raleigh Marketing Agency

Johanna Cano - Jul 22, 2019

In The Current Issue

Building UNCW's Future

In his first year as chancellor of University of North Carolina Wilmington, Jose Sartarelli led the development of a fiveyear strategic plan...


Museum Director Appointed To Statewide Museum Board

Bellamy Mansion Museum officials announced that executive director Gareth Evans was appointed to the N.C. Museum of History Associates Inc....


Using Tech To Fight Addiction

The opioid epidemic motivated local entrepreneurs to see how they can apply technology to solve a community problem....

Book On Business

The 2019 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

Power Breakfast - The H Word (June 13, 2019)
2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`
Health Care Heroes 2018