GE Vernova is moving forward with a major expansion of its transformer manufacturing facility in Shreveport, Louisiana. The company disclosed a $34.5 million investment that will add 175 new jobs and keep 637 current positions, while the state will provide a $300,000 performance‑based grant to help fund the project.
State incentives and economic impact
Louisiana Economic Development confirmed the grant and noted that GE Vernova will also participate in the state’s Quality Jobs and Industrial Tax Exemption programs. These incentives are designed to attract and retain manufacturing jobs that support the region’s growing electricity demand.
While the exact total cost to taxpayers has not been disclosed, the grant represents only a portion of the public support for the expansion. Neither the company nor the state agency released details on the wage levels for the new positions or the specific hiring and investment milestones tied to the grant.
Project details
The expansion will take place at 7000 W. Bert Kouns Industrial Loop and will include new manufacturing equipment, process improvements, and supporting infrastructure. The upgrades are expected to boost production of industrial and renewable‑energy transformers, including units for digital factories and battery‑energy‑storage applications.
Engineering and equipment procurement are already underway, with installation slated to continue through 2027. Full production capacity is projected for 2028.
Broader investment plan
GE Vernova said the Shreveport project is part of a larger commitment to invest nearly $1.3 billion across U.S. manufacturing facilities and research centers between 2025 and 2028. The company highlighted the importance of transformers in delivering reliable power to modern economies.
LED (Louisiana Economic Development) estimates the expansion will also generate about 185 indirect jobs throughout northwest Louisiana, separate from the 175 direct positions at the plant.
Local leadership comments
“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,” said Philippe Piron, CEO of GE Vernova’s Electrification segment.
LED Secretary Susan B. Bourgeois added, “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 Center Square was unable to independently verify the total public cost of the incentives and did not receive a response from GE Vernova regarding wage details or performance requirements.
Original reporting: KTBS 3 (Shreveport) — read the source article.
