Here is some good news for some of our nation's heroes looking for work. General Electric Co. says it plans to hire 5,000 veterans in the next five years. GE is also investing $580 million to expand its aviation business.
The company, whose products range from jet engines to light bulbs, made the announcement Monday. The news is part of a four-day event that the global conglomerate is hosting with partners in Washington, D.C., that focuses on issues such as manufacturing and job creation in America.
In addition, its aviation unit will add more than 400 new manufacturing jobs and open three new plants in Ellisville, Miss., Auburn, Ala., and Dayton, Ohio, next year. GE said that the plants are part of its efforts to create or rebuild 16 facilities and more than 12,000 new jobs. The company started production on its first new appliance line in more than 50 years last week at Appliance Park in Louisville, Ky.
GE says it is also teaming up with the United States Chamber of Commerce to host hundreds of jobs fairs for veterans this year. The company says some of those fairs will offer extra hiring training.
GE says it currently employs more than 10,000 veterans.
