GE: $5M to meet growing maintenance demand


(CercleFinance.com) – GE announces that GE Vernova’s Gas Power business plans to invest more than $5 million in the Fierro service center in Andoian (Spain) in order to meet the unique and growing need for maintenance of services for aging gas-fired power plants.

Between 1998 and 2001, approximately 330 gigawatts (GW) of gas turbine equipment were sold worldwide, an amount equal to all gas turbines ordered in the 15 years before 1998.

GE Vernova added more than 350 gas turbines in a combined cycle configuration in 2002 and more than 300 units the following year.

The center is expected to improve workshop flow while creating around 30 jobs and adopting Lean processes to maintain electrical equipment (motors, generators, transformers).

‘Due to the rapid growth of generators in the late 1990s and projected energy demands into the future, we expect the demand for generator maintenance to increase rapidly over the next decade and GE Vernova is committed to support our customers and meet this need,’ said Morgan Terrill, head of global supply chain strategy and development for global locations.

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