A report says GE Aviation plans to invest $92 million and create 200 jobs at a jet-engine manufacturing plant in Lafayette.
The Indianapolis Business Journal reports the board of the Indiana Economic Development Corp. discussed the company's plans during a meeting Tuesday.
Gov. Mike Pence's office announced he will join GE Aviation president and chief executive officer David Joyce at the Purdue University Airport in West Lafayette on Wednesday for an announcement on the company's "first-ever aviation production facility in Indiana."
The Business Journal reports the jobs will pay an average of $36 per hour, or about $75,000 per year. The state is providing incentives $3.3 million in tax credits, an industrial development grant of up to $1.35 million, and $332,000 in training grants.
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