GE Vernova Invests $50 Million in New Wind Turbine Assembly Line, Creating 200 Jobs in New York

GE Vernova will invest $50 million and hire around 200 new employees to establish a new manufacturing assembly line for its onshore wind business in Schenectady, New York. The site will assemble three key components for GE Vernova’s 6.1 MW turbine. The recent passage of the Inflation Reduction Act has played an important role in today’s announcement, revitalizing the market, increasing demand for renewable energy and enabling energy security and competitiveness.