GE Appliances today announced that over $150 million in new contracts have been awarded to U.S.-based suppliers across 10 states for steel, resins, parts, and components. The company stated that this latest expansion creates more opportunities for American businesses and speeds up manufacturing in the United States.
The supplier contracts range in value from $330,000 to $41 million, with GE’s investments supporting its new washer and combo washer/dryer plant, which is being built at its Louisville, Kentucky headquarters and largest manufacturing site.
Guided by its “zero distance” business strategy, buying these parts from U.S.-based suppliers further expands GE Appliances’ supply chain, which includes over 6,500 U.S. vendors.
In a statement, Lee Lagomarcino, VP of Clothes Care for GE Appliances, said, “When we invest in U.S. manufacturing and our people, it drives growth far beyond our own walls. These new supplier contracts represent what ‘Built for America’ is all about – investing in U.S. manufacturing, creating more American jobs, and building opportunity that multiplies.”
Kentucky Governor Andy Beshear stated, “GE Appliances believes in Kentucky and our workforce, and the more than $40 million awarded to suppliers in the commonwealth – more than any other state – will have a ripple effect that everyone benefits from. Kentucky is proud to be this iconic company’s home, and I am grateful to Kevin Nolan and all of GE Appliances for their continued investment in America. Together, we will ensure U.S. manufacturing remains strong with Kentucky and GE Appliances leading the way.”
GE’s announcement comes as President Trump attempts to lure factories back to the United States.
By CEO NA Editorial Staff
