US EditionGE Appliances bolsters ties with US suppliers as it moves production from China to Kentucky
GE Appliances' $150 million contracts span 10 states, increasing domestic supplier spending by 3.3% and supporting a $3 billion reshoring plan with 1,000 new jobs.
- On Thursday, GE Appliances announced more than $150 million in new U.S. supplier contracts to support washer and dryer production moving to Appliance Park, Louisville, Kentucky.
- Under a five-year plan, GE Appliances' $150 million in contracts expand U.S. supply chains as part of the 'Built for America' initiative, the company said.
- Specifics reveal that GE Appliances' supplier contracts range from $330,000 to $41 million, covering plastics, castings, steel, and aluminum, with a 3.3% increase in domestic supplier spending.
- The investment will result in GE Appliances spending $490 million to retool Appliance Park, creating 800 jobs, with Kentucky companies receiving over $40 million in contracts, the company said.
- Trade policy context shows GE Appliances, a subsidiary of China-based Haier, aligns $150 million annual supplier spending with tariff adjustments under President Donald Trump.
64 Articles
64 Articles
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GE Appliances bolsters ties with US suppliers as it moves production from China to Kentucky
By BRUCE SCHREINER LOUISVILLE, Ky. (AP) — GE Appliances on Thursday touted wide-ranging ripple effects from shifting production from China to Kentucky as it announced more than $150 million in new contracts awarded to U.S.-based suppliers. Related Articles Average US long-term mortgage rate rises to 6.26%, the third straight increase Starbucks union says 30 more US stores are joining week-old strike …
GE Appliances bolsters ties with US suppliers as it moves production from China to Kentucky
By BRUCE SCHREINER LOUISVILLE, Ky. (AP) — GE Appliances on Thursday touted wide-ranging ripple effects from shifting production from China to Kentucky as it announced more than $150 million in new contracts awarded to U.S.-based suppliers. Related Articles Starbucks union says 30 more US stores are joining week-old strike US homes sales rose in October as homebuyers seized on declining mortgage rates …
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