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GE Vernova Invests $166 Million to Expand its Operations in Western Pennsylvania

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GE Vernova (GEV) is investing $166 million to expand its operations in Western Pennsylvania, Governor Josh Shapiro and Pennsylvania Department of Community and Economic Development Secretary Rick Siger announced on Thursday.

GE Vernova will expand its current operations in Findlay and Rostraver townships and plans to install new industrial machinery and equipment at both facilities, supporting 714 new jobs, according to the statement.

Shares of GE Vernova were up 8.8% in Thursday afternoon trading.

Price: $979.29, Change: $+79.01, Percent Change: +8.78%

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