HANOI, Vietnam--(BUSINESS WIRE)--Supporting global growth in power generation, GE Energy (NYSE: GE) is investing approximately US$50 million to build its first manufacturing facility in Vietnam.
The new factory, which will be located near the seaport city of Hai Phong, will produce components for GE's diverse portfolio of power generation equipment. The components produced in Vietnam will be sent to the company's manufacturing and service facilities around the globe for use in finished products.