GE Vernova announced a new $34.5 million investment to expand its transformer manufacturing operations in Shreveport, Louisiana, "strengthening the company’s ability to support growing demand for electrical infrastructure needed to power industry, energy systems and digital technologies," it said on Nov. 10.
The expansion is expected to create 175 direct new jobs, adding to the more than 630 existing positions at the facility. In addition to the 175 new jobs being created, Louisiana Economic Development estimates the project will support an additional 185 indirect jobs, bringing the total potential employment impact to 360 new job opportunities across the Northwest Louisiana region.
To support the expansion, the state of Louisiana offered GE Vernova Transformers Shreveport LLC a competitive incentives package that includes a $300,000 performance-based grant for site and infrastructure improvements. The company is also expected to participate in the state’s Quality Jobs and Industrial Tax Exemption programs.
The expansion will take place at GE Vernova Transformers Shreveport LLC existing facility in Shreveport.
Planned improvements include new manufacturing equipment, process enhancements and supporting infrastructure across key production areas. The upgrades are expected to increase production of industrial and renewable energy transformers. Production is expected to reach full capacity in 2028.
The expansion is part of GE Vernova's broader plan to invest nearly $1.3 billion across its U.S. manufacturing facilities and research centers between 2025 and 2028 to strengthen domestic manufacturing capacity, accelerate innovation, and help meet growing electricity demand.
