What Happened
GE Aerospace Invests In Highly Specialized Technology
The Mexican aerospace industry is experiencing continued growth, driven by long-term investments in highly specialized technology. GE Aerospace has announced a $44.8 million investment plan, which will be used to increase production capacity and resolve bottlenecks in the global supply chain. According to Andrés Soler, CEO of GE Aerospace Querétaro, 90% of the allocated capital will be concentrated at the Hermosillo plant, which specializes in the manufacture of critical components for LEAP engines. This development was reported by MEXICONOW.