GE Hiring Thousands of US Veterans

Firm to invest $580K in aviation plants amid effort to reboot economy
By Matt Cantor,  Newser Staff
Posted Feb 13, 2012 6:48 AM CST
Updated Feb 13, 2012 7:54 AM CST
GE Hiring Thousands of US Veterans
General Electric CEO Jeff Immelt speaks to employees during a town hall meeting at the GE Energy Greenville Operations campus in Greenville, S.C.   (AP Photo/Brett Flashnick)

As General Electric prepares to host an economic summit in Washington, the firm has announced some fixes of its own: It will hire 5,000 US veterans over five years and invest $580 million in its aviation operations this year, Reuters reports. "We should have the confidence to act and to restore American competitiveness," said CEO and Obama adviser Jeffrey Immelt. The company will open new plants in Dayton, Ohio; Ellsville, Mississippi; and Auburn, Alabama. The four-day Washington gathering begins today, and will feature speeches by Boeing boss James McNerney and Dow Chemical CEO Andrew Liveris. (Read more General Electric stories.)

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