AI-assisted summary
GE Appliances will invest $3 billion in U.S. facilities and create 1,000 new jobs over five years.
$490 million of the investment will go to Louisville, Kentucky, creating 800 jobs and moving washer production from China.
The investment will modernize and expand GE Appliance's 11 U.S. manufacturing plants.
Production of various appliances will be reshored from China and Mexico.
Louisville-based GE Appliances has announced a massive U.S. investment and the reshoring of jobs from abroad, which will expand its footprint and product lines at plants across the country.
The appliance manufacturer, whose parent company is China-based Haier , will invest $3 billion over the next five years in facilities and product lines, creating 1,000 new jobs in the U.S., GE Applia