GE Aviation Comes to Lafayette Indiana!

By
Real Estate Agent with The Romanski Group/ Keller Williams Realty

GE Aviation has decided to build a plant in Lafayette Indiana which will be producing the L.E.A.P. jet engine. L.E.A.P. stands for Leading Edge Avaiation Propulsion. This is incredible news, for a number of reasons! It means jobs, it means economic stability, and it means that Hoosiers have much to be proud of.

GE Aviation Comes to Lafayette Indiana - The Romanski Group

GE Aviation and Jobs

GE Aviation is suggesting that jobs may be available as early as 2015. They hope to have the LEAP engine in production and use by 2016, which means that they are eager to begin the processing of these engines as quickly as possible. The new plant will be the plant that finalizes the engine. The number of jobs is expected to be approximately 200 jobs, which repeatedly were stated to be jobs that can support a family. The average wage is said to be about $35/hour. 

 

Economic Stability

With potentially more than 200 jobs, and an average wage of $35/hour, this is likely to grow the local economy. Already having Purdue University nearby, CAT, SIA, Wabash National, and other great companies, adding GE Aviation to the roster only strengthens the economic stability of our area. As the workers who are paid a decent wage live in our area, obviously more money and jobs will enter into the economy. This is good news!

 

Much to be Proud Of

Hoosiers already had a great deal to be proud of. But this just added to the list. The L.E.A.P. engine is the most advanced technological engine that can be placed in a jet. Already they have 6,000 orders and they have not even begun serious production of these engines. They will be more fuel efficient, more quiet, and all around a more reliable engine. This gives more than just bragging rights on what the company offers, but on what our community offers. GE Aviation admitted that their process on deciding where to place the plant was a very strenuous process of considering multiple sites in multiple states with a number of factors that came into play. Ultimately, they decided that Lafayette Indiana offered the best place for growth, community building, and to run a profitable business. That certainly is something worth being proud of.

 

What This Means For You

200 jobs means that there is the possibility of new buyers coming into our market looking for a place to live. It also means that there will be people who are in the area who get a decent job and will begin thinking about "upgrading" to a better home as a result of a better job. If you are considering selling your home, give us a call. We guarantee that we will sell your home, or we will buy it.* So call us at 765-404-5095 or use our FREE CMA tool here!

 

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*Certain conditions do apply. Ask for details.

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Rainmaker
275,682
Susan Jacobsen
The Alliance Group Realty - Hilton Head Island, SC
20 Years Providing WOW Real Estate Service

Boy I'll bet you are so very excited! When Boeing came to Charleston, the agents there were salivating. Three years later - even after the brief fiasco relative to the battery issue - the market in Charleston continues to recover. The excitement with these large companies is also due to the ancillary businesses that are created around the initial industry. Congratulations and best wishes for tremendous success!

Mar 27, 2014 07:56 AM #1
Rainer
211,391
Jack O'Neal
HomeSmart Elite Group - Gilbert, AZ

General Electric is a fantastic company to work for.  I have had many family friends who've had long wonderful careers working for them.  The fact that Indiana is bringing an aviation plant to Lafayette just means there's more new hope for growing life and people looking for houses to buy!

Mar 27, 2014 11:12 AM #2
Rainer
166,715
Andy Chaudoir
Professional Inspection Services - Georgetown, Texas - Georgetown, TX
Your Home Inspection Connection in Central Texas

Wow!  What a great boost to your economy.  Thanks for the post and have a nice evening.

Mar 27, 2014 11:25 AM #3
Rainer
76,893
Rob Lyszczarz
RE/MAX Properties Unlimited - Westfield, NJ
That's great news for the local economy and hopefully prop up the real estate values and transaction volume.
Mar 27, 2014 01:04 PM #4
Rainer
76,893
Rob Lyszczarz
RE/MAX Properties Unlimited - Westfield, NJ
That's great news for the local economy and hopefully prop up the real estate values and transaction volume.
Mar 27, 2014 01:04 PM #5
Rainmaker
2,933,838
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher
There are a lot of pros and cons with big corporations like that, but from what I'm doing from you and others is that this is much needed and a much blessed thing in the big picture. Love and light, Laura
Mar 27, 2014 01:21 PM #6
Rainmaker
1,430,577
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

The Romanski Group, this is exciting news for the community. More jobs means an improved economy.

Mar 27, 2014 11:04 PM #7
Ambassador
1,208,384
Amanda Christiansen
Christiansen Group Realty (260)704-0843 - Fort Wayne, IN
Christiansen Group Realty

That's great news for the local economy!  Glad to hear of so many good things going on in the Hoosier state!

Mar 27, 2014 11:59 PM #8
Rainmaker
2,590,544
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Now if they would just do this all over the United States...

Mar 28, 2014 12:02 AM #9
Rainer
38,068
Jill Saddler
Draper, UT
Draper Utah Real Estate Professional - 25 years+!

That's great news - congrats on the new addition to your community!!

Mar 28, 2014 02:26 AM #11
Rainer
100,004
The Romanski Group
The Romanski Group/ Keller Williams Realty - Lafayette, IN

Susan, great info! Especially about the additional businesses that will pop up in addition to GE!

Jack, we've heard similar things about GE! Very exciting for our community!

Thanks Andy, Rob, and Laura!

We agree Michael! 

Amanda, Hoosiers have much to be proud about don't they?!

Richie, what do you mean?

Thanks Jill! We're incredibly excited about it!

 

Apr 09, 2014 02:53 AM #12
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