GE Appliances to invest $3 b in US manufacturing push

Haier-owned GE Appliances said on Wednesday it plans to invest more than $3 billion over five years in its US operations and workforce following the Trump administration's tariff policies aimed at boosting domestic manufacturing.

Global firms have been increasing their investments and presence in the United States after President Donald Trump pushed companies across sectors, including Apple and Ford, to produce goods within the country and generate jobs.

The GE Appliances investment will create 1,000 jobs in five states and is aimed at expanding the company's air conditioning and water heating portfolio, increasing production output and modernizing its 11 US manufacturing plants with new automation and capital equipment, the company said.


Earlier this year, peer Carrier Global also said it planned to invest $1 billion over five years in the US

By the time the plan is complete, GE Appliances said it will have invested $6.5 billion across its US plants and distribution network since it was acquired by Haier from General Electric in 2016.