GE, one of the country’s largest conglomerates, launched a four-day conference about growing the American economy by promising to hire 5,000 veterans over the next five years.
The vow is one of many that General Electric Co. made Monday as it began welcoming senators, mayors, governors and executives from companies such as Boeing, Dow Chemical and Google to its Washington, D.C., confab.
By 2013, GE said it will open three new aviation factories in the U.S. -- in Mississippi, Alabama and Ohio. This year, the Fairfield, Conn.-based company said it will invest $580 million to grow its domestic aviation capabilities.
On the employment front, GE said it will add more than 400 new aviation manufacturing positions and pair with the Chamber of Commerce to train veterans in 50 cities in the job hunt.