The plant in Lafayette will assemble the LEAP
engine, which is a product of CFM International, a longtime
joint venture of GE and France's Safran <SAF.PA>.
CFM has orders for more than 6,000 LEAP engines, which are not
scheduled to enter service until 2016.
The LEAP will power new versions of widely sold single-aisle
planes — the Airbus <AIR.PA> A320neo, Boeing's <BA.N> 737 MAX
and China's COMAC C919. CFM competes with United Technologies' <UTX.N>
Pratt & Whitney unit for A320neo engine orders.
"Beginning in 2015, the LEAP engine will experience a dramatic
production ramp-up for the remainder of the decade," David
Joyce, president of GE Aviation, said in a statement.
GE expects to begin hiring for the plant as soon as next year
and said the plant would employ more than 200 people within
about five years.
(Reporting by Lewis Krauskopf; editing by Bernadette Baum)
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