GE Aviation Moves To Larger Facility
GE Aviation (NYSE: GE) has expanded into a new facility in Pompano Beach, which includes a 30% increase in square footage.
The 30,000 square foot facility is located at 2705 Gateway Drive in Pompano Beach. A new lab in the facility will provide increased capacity for developing, testing and manufacturing advanced electrical power conversion products used on civil and military platforms.
“This new facility enables us to continue work on GE-developed SiC technology, with the potential of reducing the weight on an aircraft by more than 400 lbs.,” said Vic Bonneau, president of Electrical Power for GE Aviation Systems. “GE is committed to Florida and is investing approximately $20 million in program work and R&D related to our Pompano Beach facility over the next five years.”
Space and weight are premiums on aircraft. Airlines are constantly trying to balance the need to create more passenger and storage space, while also meeting increased demand for electrical power on the plane. GE’s SiC power devices will address this need on both fronts. Bonneau said: “An important part of our strategy is to aggressively invest in the kinds of technologies that will solve large problems for our customers 10 year from now.”
GE Aviation represented themselves in the transaction. The facility was an REO owned by GE Capital.
Get the latest industry news and information from CRE-sources delivered right to your email inbox! And we promise…no more than one email each morning.
CLICK HERE TO SUBSCRIBE TODAY!
And we promise…no more than one email each morning.
Leave a ReplyWant to join the discussion?
Feel free to contribute!