General Electric will start building a $100-million jet-engine plant in Indiana later this year, the company's aviation unit said on Wednesday, expanding production to meet demand for its new engine. ... more 
General Electric will start building a $100-million jet-engine plant in Indiana later this year, the company's aviation unit said on Wednesday, expanding production to meet demand for its new engine. The plant in Lafayette will assemble the LEAP engine, which is a product of CFM International, a longtime joint venture of GE and France's Safran, and will power new versions of widely sold single-aisle planes - the Airbus A320neo, Boeing's 737 MAX and China's COMAC C919. GE expects to begin hiring for the plant as soon as next year and said the plant would employ more than 200 people within about five years. less 
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Wed, Mar 26, 2014 1:33 PM EDT