GE Vernova has announced that it has completed the acquisition of Woodward’s heavy duty gas turbine combustion parts business based in Greenville, South Carolina.

This acquisition aligns with GE Vernova’s strategy to invest in US manufacturing and employment, while also strengthening its domestic supply chain.

“The completion of this acquisition adds resilience to our supply chain, aiming to deliver greater value to our customers and the energy sector,” said Eric Gray, president & CEO, GE Vernova’s Gas Power business. “I’m excited to now officially welcome these experts to the GE Vernova team and integrate them into our business.”

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The close of the acquisition of Woodward’s gas turbine combustion parts business is in addition to the GE Vernova’s previously announced plans to invest more than $160 million and hire more than 650 new employees at its Greenville facility which has had a strong presence in South Carolina for more than 50 years.

The team will be led by Shane Long, Global Supply Chain leader, GE Vernova’s Gas Power business. GE Vernova acquired all assets related to Woodward, Inc.’s Greenville site. Financial terms of the acquisition are not being disclosed.