It takes a lot of money to keep a business running but this company, GE Aerospace, is about to invest $650 million into their manufacturing plants. In the article GE Aerospace to invest over $650 mln in factories, supply chain in 2024 by Aatreyee Dasgupta, they talk about how they are doing this to keep up with the demand from commercial and defense clients, and to boost their production capacity. This company is going to invest around $450 million in 22 GE Aerospace facilities across the states; $100 million in their international sites; and $100 million in its U.S. based suppliers. “This move is intended to grow the company’s capacity to continue engine production, start the production of the GE9X, and continue to support the U.S. military along with its allies,” According to GE. Along with this they plan to hire more than 1,000 employees for its U.S. factories. GE Aerospace also has made plans to split into three separate companies; healthcare, aerospace, and energy. This is important because the investment is most likely going to change their stock for the better or worse. If their stock goes down it wouldn’t harm them too much because currently their stock is at 168.89 USD and is relatively steady. If their stock goes up it will benefit the company in the U.S. and also internationally. 

In this article we find out that GE Aerospace is a multinational enterprise because they produce goods in more than one country and also provide goods to many countries all over the world. Unlike Google laying off 1,000 people, GE Aerospace is planning to hire over 1,000 people in their factories. This is great for the individuals, especially ones who are in need of a job, and the company because the more employees they have the more production and growth they get. In the whole world right now there is massive inflation on everything from food to cars. By giving people jobs and hiring them to work in the manufacturing factories it will improve the economy. It will also improve the company and quality. My takeaway from this article is that GE Aerospace is trying to expand their company and improve the quality of their products. Also, because they split into 3 separate companies they have more opportunities and are able to do things more effectively. I expect that once they invest into the company they will keep continuing to grow and increase their revenues. 

This article is important because it talks about the amount of money they are investing and why they are planning to do it. If you are interested in investing and how it affects companies or if you do business with this company then this is definitely a must read. As you know, $650 million is a very large amount of money, especially with inflation, which shows just how big of an impact they are hoping it will make. I believe that this will be a positive move for GE Aerospace and will allow them to expand their business and create the energy version of their company. This plan is going to affect many companies that do business with them, because if it goes to plan then it will have a positive effect but if it doesn’t it will have a negative impact. This will also affect fellow investors as well. To conclude all these points, GE Aerospace has good plans for their future and I believe that it will have a positive impact on their company.