GE Vernova just announced a $600 million commitment to expand and improve it’s business in several locations across the U.S. Greenville will see $160 million investment that will lead to 550 new jobs.
The Greenville facility is massive spanning 413 acres with plenty of manufacturing space. They are not planning to expand the footprint of the facilities. According to the Upstate Business Journal, “the investment will be improving infrastructure and adding machinery and equipment to push production from an average of about 50 turbines per year to between 70 and 80 annually.”
Yahoo Finance has some excellent details on the capital commitment. Fuel Cell Works also has a lot more information about the innovative, technological advancements and research that is planned with this investment.
The demand for energy and data centers to power the growth of AI is exploding. There will be lots of investment in data centers despite the scare this past week from China-based DeepSeek.
Leave a Reply