GE Aviation announced a $30 million expansion of the GE Aviation Service Operation (GEASO) facility in Singapore, positioning the facility to more than double revenues over the next five years. In 2007, GEASO achieved revenues of more than $250 million.
The GEASO expansion, which is scheduled to begin in April of this year, will increase total production square footage of the facility by 20 percent, growing from 200,000 to 250,000 square feet by the time the project is completed in mid- 2009. In addition, its current work force of 900 people is expected to grow by more than 30 percent over that same five-year period.
GEASO, which was launched in 1981, repairs and refurbishes high- and low-pressure turbine blades and vanes, combustors, rotating parts, and seals for aircraft engines for more than 100 customers around the world.