GE Vernova to Invest $34.5 Million to Expand Transformer Plant in Shreveport, Louisiana

GE Vernova (NYSE: GEV) will invest $34.5 million to expand transformer manufacturing at its existing facility at 7000 W. Bert Kouns Industrial Loop in Shreveport, Louisiana. The project is expected to create 175 direct new jobs, adding to more than 630 existing positions at the plant.

Louisiana Economic Development estimates the expansion will also support 185 indirect jobs, for a total of 360 potential new job opportunities in the Northwest Louisiana region. LED says the company is expected to retain 637 current positions.

Philippe Piron, CEO of GE Vernova’s Electrification segment said:

“Electricity demand is growing, and transformers are part of the critical grid equipment essential to delivering the power our customers and modern economies depend on. This investment builds on more than five decades of manufacturing expertise in Shreveport and strengthens our ability to support customers as they expand and modernize electrical infrastructure.”

Equipment upgrades and 2028 capacity

Planned improvements include new manufacturing equipment, process enhancements and supporting infrastructure across key production areas. The upgrades are expected to increase production of industrial and renewable energy transformers, including those serving digital factories and battery energy storage applications. Engineering and equipment procurement are underway, with installation expected to continue through 2027 and production reaching full capacity in 2028.

General Electric broke ground on the 500,000-square-foot Shreveport facility in 1969, and transformer production began the following year. The expansion is part of GE Vernova’s broader plan to invest nearly $1.3 billion across its U.S. manufacturing facilities and research centers between 2025 and 2028.

State support

To support the project, the state of Louisiana offered GE Vernova Transformers Shreveport LLC a $300,000 performance-based grant for site and infrastructure improvements. The company is also expected to participate in the state’s Quality Jobs and Industrial Tax Exemption programs.

Louisiana Economic Development Secretary Susan B. Bourgeois said:

“Louisiana’s economic momentum is creating new demand across our economy, and we want the companies already invested in our state to be positioned to capture that growth. GE Vernova’s expansion strengthens that foundation in Shreveport, supporting long-term job growth and creating more opportunities for Louisiana workers.”