GE Aerospace Announces $225M Investment

Governor Kathy Hochul today announced that GE Aerospace, a global leader in jet engines, services and systems, is investing more than $225 million to enhance operations at its Research Center site in Niskayuna, Schenectady County. As part of this expansion, the company has committed to creating at least 75 new well-paying research, engineering and skilled trade jobs as it accelerates efforts on jet engine technology advancements for commercial and defense customers. Empire State Development is supporting the company's investment and job commitments with up to $8.42 million in performance-based Excelsior Jobs Program tax credits.

"New York State has a bold legacy of innovation, built on the shoulders of big ideas and big investments by globally renowned companies like GE Aerospace," Governor Hochul said. "We want to ensure that the next generation of technological discoveries happens here, and today's announcement demonstrates that our legacy is only getting stronger. Working together with GE Aerospace, we are bringing the jobs and developments of tomorrow to the Capital Region today."

The GE Aerospace Research Center in Niskayuna serves as a main hub for scientific research and advanced technology development, employing more than 800 people. This project will address existing challenges of capacity and aging infrastructure by modernizing facilities. The significant investment in machinery, equipment, furniture, and fixtures will strengthen the site’s long-term role in global aerospace innovation and help the company remain globally competitive. The Schenectady County Metroplex Development Authority is supporting the capital project through a sales tax exemption on construction materials.

General Manager and Senior Executive Director of GE Aerospace Research Joe Vinciquerra said, "The future of flight is developed through rigorous scientific and technical pursuit spanning decades. We are ready to turn this investment into breakthroughs that will define the next era of aviation. We are profoundly grateful to our state and regional partners for their support and continued commitment to New York's role in our nation’s pursuit of aerospace advancement."

Empire State Development President, CEO and Commissioner Hope Knight said, "Under Governor Hochul's leadership, New York State continues to invest in the projects and companies that are growing the innovation economy. GE Aerospace's decision to expand its Capital Region footprint demonstrates the importance and success of this strategy, which is creating new jobs and generating dividends to further establish New York as a global hub for next generation technologies."

Additionally, GE Aerospace Foundation continues to expand its "Next Engineers" program in the Capital Region to reach roughly 4,000 students across local school districts, advancing STEM readiness and workforce development. This demonstrates the localized social impact and talent-pipeline development aligned with the company’s commitment to the area.

Assemblymember Phil Steck said, “GE has long been a cornerstone employer in my district and an important part of our region’s economy. I have consistently supported policies that strengthen GE’s ability to succeed and grow in New York. I am grateful for this significant investment in the Niskayuna Research Center, which will create 75 well-paying jobs and help ensure that groundbreaking research and innovation continue to happen here in the Capital Region.”

Schenectady County Legislature Chair Gary Hughes said, “This is a fantastic investment by GE Aerospace in the Future of Flight at the company’s Niskayuna global research center. It will boost the leading edge jet engine R&D work done in Niskayuna that is critical to the future of both military and commercial aviation. Our county economic development team worked with Empire State Development (ESD) for more than a year to secure this major commitment. On behalf of Schenectady County, I want to thank Governor Kathy Hochul and ESD for making this $225 million investment in Niskayuna a reality.”

Schenectady County Metroplex Development Authority Chairman Ray Gillen said, “GE Aerospace is a world leader in commercial and military aviation and this investment keeps Niskayuna at the forefront of everything that the company is doing to boost our national defense and make commercial air travel more efficient and sustainable. This is a tremendous win for the Niskayuna campus and is the direct result of a dedicated effort over the past year by Governor Hochul, Empire State Development, National Grid and our County economic development team to help grow GE Aerospace research operations in Schenectady County.”

Niskayuna Town Supervisor Erin Cassady-Dorion said, “GE has been part of Niskayuna's story for generations, and this investment ensures that story continues. More than 800 people already come to the GE Aerospace Research Center every day to push the boundaries of science, and adding 75 new research, engineering and skilled trade jobs strengthens our local economy and our community. Through the Next Engineers program, GE Aerospace is also opening doors for thousands of young engineers across our schools. On behalf of the Town of Niskayuna, I thank GE Aerospace for choosing to grow here, and Governor Hochul and our state and county partners for helping make it happen.”

GE Aerospace partners with a wide range of commercial airlines, airplane manufacturers, and U.S. government agencies on research, engineering, manufacturing, repair, and maintenance of engines and other aerospace technologies. The company maintains operations both domestically and internationally, with nearly 250 locations across 40 countries, encompassing manufacturing facilities, overhaul and component centers, and engineering hubs.

The Capital Region continues to serve as a research and development hub across strategic industries, thanks to top-tier colleges and universities, a highly skilled workforce and collaborative opportunities. Among recent advancements, NY Creates is building North America's first accessible High NA EUV Lithography Center for semiconductor research, backed by $1 billion from New York State and $9 billion in industry commitments. Regeneron, one of the largest pharmaceutical companies in the world, operates labs in three Capital Region counties, while French biotechnology company OneBiosciences established its first U.S. operations in Albany earlier this year. Additionally, Rensselaer Polytechnic Institute in Troy is home to the world's first IBM quantum computer on a university campus.

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