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Since 2023, the company has invested over $130 million in the Schenectady facility to increase manufacturing space and boost gas power/onshore wind capacity.
GE Vernova intends to invest $41 million in the Schenectady Center of Excellence for Steam and Generator, expanding generator, assembly, and testing capacities and adding up to 50 new positions to meet global demand. The investment will enhance manufacturing for GE Vernova’s H65 and H84 generators, which are coupled with efficient HA gas turbines.
“We are committed to meeting the needs of our customers and the world as demand for electricity continues to rise at historic rates,” said GE Vernova CEO Scott Strazik. “This investment in our Schenectady facility continues our work to build gas power capacity and help meet global energy needs. Our Schenectady facility provides an opportunity to cultivate and invest in our talent in the Capital Region, and we thank the state of New York for their support.”
New York’s Excelsior Jobs Program also granted $1 million towards project completion. Since 2023, GE Vernova has invested over $130 million in the Schenectady facility, including a $50 million investment to build a new manufacturing line that created more than 200 new jobs. In January, the company announced an $80 million investment for gas power and onshore wind work.
Welder working at Schenectady facility | Image Credit: GE Vernova
“New York State is paving the way for manufacturing, research, and development for energy technologies—bringing the State closer to a cleaner future for generations to come,” said Governor Kathy Hochul. “With the State’s public-private partnership with GE Vernova, we’re bringing in jobs to Upstate New York and promoting sustainability from the tip of Long Island to the Erie Canal.”
Earlier this month, GE Vernova announced more than a $25 million investment to expand and modernize its gas turbine manufacturing and service center in Veresegyház, Hungary. Operating since 2001, the facility serves as GE Vernova’s second-largest manufacturing base outside the United States. The expansion, supported by a $7.7 million incentive package from the Hungarian Investment Promotion Agency (HIPA), includes installation of new high-precision production equipment and solar panels aimed at boosting onsite energy self-sufficiency.
The Veresegyház service center is equipped with capabilities for repairing and upgrading combustion system components—including combustion caps, liners, fuel nozzles, and hot gas path nozzles for GE's 6F, 7F, 9F, and 9HA gas turbines. It supports processes such as 3D blue-light inspection, robotic welding, EDM and NC machining, flow testing, vacuum heat treatment, and thermal spray coating applications.
With a maximum bay height of 18 meters and cranes capable of lifting up to 25 tons, the center handles complex component assembly and testing for aeroderivative gas turbines and turbines destined for small- and medium-sized power plants.
In July 2025, GE Vernova and Crusoe signed a deal for GE Vernova to deliver 29 units of its LM2500XPRESS aeroderivative gas turbine packages to Crusoe AI data centers, which are expected to provide almost 1 GW of electricity. Crusoe, a vertically integrated AI infrastructure provider, booked 10 units in December 2024 and 19 units in June 2025.
GE Vernova’s aero units provide the flexibility and reliability of efficient jet engines. They can ramp up and down rapidly and have low emissions that are further reduced by SCR technology, producing 90% lower emissions than traditional gas or diesel-powered reciprocating engines with little to no methane slip.
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