In keeping with the company’s investment to “align its production to new customer needs and to extend its technology capability locally and globally,” GE announced today the expansion of its existing oil and gas facility in Fót, Hungary.
A new 6,000-square-meter manufacturing hall, will be added to the company’s oil and gas manufacturing plant to host the state-of-the-art manufacturing base of central unit control panels (UCP) for gas and steam turbine power plants.
"Over the past two decades, Hungary has been a key manufacturing location for GE,” said Dave Cox, global supply chain leader, GE Oil & Gas.
“ We consider Hungary to be a globally competitive epicenter not only for innovation but for skilled labor as well. The highly talented and motivated Hungarian workforce with their professional training and expertise is a significant advantage.”
Currently GE Oil & Gas designs and manufactures intelligent systems and equipment in its Fót plant, employing more than 140 people.
The expanded facility, leveraging local expertise at the current plant in Fót, will increase control panel production capacity as well as operational efficiency, according to the company. The increased capacity adds approximately 114 new jobs, including 40 engineering positions.
The company will supply the new products and solutions worldwide from its Fót facility.
GE is the largest U.S. investor in Hungary with 12,500 employees. The company has 12 manufacturing plants, three technology centers and three regional headquarters in the country.
