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Title:The GE to hire 5,000 veterans over the next five years

Author:Copyright 2012 Associated Press. All rights reserved.

Date:February 2012

Source:© Associated Press

Volume:Volume 3 Issue 67

Washington, D.C., February 13, 2012 GE will hire 5,000 veterans over the next five years. "American business can compete and win anywhere," GE Chairman and CEO Jeff Immelt said. "We should have the confidence to act and to restore American competitiveness."

GE will also partner with the U.S. Chamber of Commerce to sponsor 400 jobs fairs for veterans in 2012 as part of the "Hiring our Heroes" initiative. Additionally, GE will offer extra hiring training and services at 50 of those jobs fairs.

The company will also renew its Statement of Support with the Employer Support of the Guard and Reserve, which renews GE's commitment to support employee reservists when they are called to active duty. Together these efforts will help ensure veterans and reservists have the utmost support as they assimilate into the civilian workforce.

GE employs more than 10,000 veterans and has about 100 U.S. employee reservists currently serving overseas.

GE also announced details of the expansion of its Aviation business in 2012, including investing $580M in the expansion of its manufacturing and research & development footprints in the U.S. to support growing production rates and expanded product offerings. GE Aviation is adding more than 400 new manufacturing jobs and in 2013 will open the three new plants that are under construction in Ellisville, MS, Auburn, AL, and Dayton, OH.

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