GE to build turboprop engine plant in Czech Republic
PRAGUE (AP) - The Czech government has signed a deal with General Electric Aviation, a division of U.S.-based General Electric, to build a plant to develop, test and produce turboprop engines in the country.
In a statement Thursday, the Industry and Trade Ministry says the new plant should become operational by the end of 2022 and create some 500 jobs.
It says it is a major U.S. investment deal for the Czech Republic, though both sides declined to say how much GE will spend to build the plant.
A site for the plant is yet to be selected.
Article Comments
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked.
If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.