The Your
Nov 11, 2026
HyperLocal Loop
The Your

Close to home. Always in the loop.

GE Vernova Announces $34.5 Million Expansion, Adding 175 Jobs to Shreveport Plant

GE Vernova disclosed a $34.5 million investment to enlarge its transformer manufacturing operations at 7000 W. Bert Kouns Industrial Loop in Shreveport. The expansion will add 175 direct jobs to the existing workforce of more than 630 employees, while Louisiana Economic Development (LED) estimates an additional 185 indirect jobs, bringing the total employment impact to roughly 360 new positions across northwest Louisiana.

According to KTBS, the state will provide a $300,000 performance‑based grant to support site and infrastructure improvements. LED confirmed the company will also participate in the state’s Quality Jobs and Industrial Tax Exemption programs, though the full value of those incentives was not disclosed.

Philippe Piron, CEO of GE Vernova’s Electrification segment, said, “Electricity demand is growing, and transformers are part of the critical grid equipment essential to delivering the power our customers and modern economies depend on.” He added that the investment builds on more than five decades of manufacturing expertise in Shreveport and will boost production of industrial and renewable‑energy transformers, including units for digital factories and battery‑energy‑storage applications.

KEDM reported that engineering and equipment procurement are already underway, with installation expected to continue through 2027 and production reaching full capacity in 2028. The upgrades will feature new manufacturing equipment, process enhancements, and supporting infrastructure to increase output of both industrial and renewable‑energy transformers.

LED Secretary Susan B. Bourgeois emphasized Louisiana’s economic momentum, stating, “Louisiana’s economic momentum is creating new demand across our economy, and we want the companies already invested in our state to be positioned to capture that growth.” The expansion aligns with GE Vernova’s broader plan to invest nearly $1.3 billion across U.S. manufacturing facilities and research centers between 2025 and 2028.

The Shreveport plant, which occupies 500,000 square feet, began transformer production in 1970 after General Electric broke ground in 1969. LED estimates the project will retain all 637 existing positions while adding the new jobs.

What’s next: Construction is slated to proceed through 2027, with the facility expected to operate at full capacity by 2028. Residents and local officials will monitor the project’s progress as it contributes to the region’s manufacturing base and job market.


Sources: ktbs.com, kedm.org

OBBM Network Editorial Staff

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