(Reuters) – GE Aerospace said on Wednesday it would invest nearly $1 billion in its U.S. factories and supply chain in 2025, as it looks to increase the use of new parts and materials in its operations.
The latest investment is almost double from last year and aims to increase engine safety, quality and delivery, the company said.
GE also plans to hire 5,000 U.S. workers this year, including adding roles in manufacturing and engineering operations.
(Reporting by Shivansh Tiwary in Bengaluru; Editing by Shilpi Majumdar)
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