Saudi Crown Prince Mohammed bin Salman announced that his country will increase its U.S. investment from $600 billion to almost $1 trillion.
The White House highlighted at an event Tuesday an American factory leader who thanked President Donald Trump and the crown prince for an increase in thousands of manufacturing jobs as a result of the investment.
David Broomwell of Marlton, New Jersey, is the factory leader at GE Vernova for three factories critical to producing the world’s most advanced and reliable gas turbines in America. Broomwell oversees facilities in Parsippany, New Jersey, and Allentown, Pennsylvania.
“David shared a powerful story of how these historic foreign investments secured by President Trump are GOOD deals for the American people that are improving lives and fueling new opportunities,” White Hosue spokeswoman Taylor Rogers told The Daily Signal. “President Trump is putting America First by creating good-paying jobs, improving our economy, and ensuring the world’s biggest companies invest directly in our communities.â€
GE Vernova announced in May during Trump’s state visit to Saudi Arabia it would export gas turbines and energy solutions worth up to $14.2 billion to Saudi Arabia.
“If you look at the landscape for GE Vernova investment, over $750 million in the U.S. focused on true manufacturing jobs here stateside,” Broomwell said at the White House event. “We’re looking at tripling the output of our Greenville, South Carolina facility, where we make the gas turbines that are supporting U.S. needs as well as the Saudi Arabia needs.”
Broomwell said $300 million in gas investment resulted in over 500 pieces of new equipment being installed in the Greenville facility. On May 14, GE Vernova announced initiatives worth up to $14.2 billion during the state visit to accelerate Saudi Arabia’s energy transition with U.S. technology and expertise.
“That translates into roughly 1,800 jobs across the board for GE Vernova, as we try to scale capacity to be able to meet this demand,” he said. “Along with that, we’re partnering with local communities to build the skill set that’s required to meet these capacity needs. So that talent pipeline is incredibly important. So it’s real jobs in the manufacturing space.”
Thanks to Broomwell, GE Vernova is on track to triple capacity of the turbines produced in America since the inauguration, a White House official said.
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