GE Aviation delivered new details on a $100 million combustion laboratory being built on its Evendale campus. It’s a research facility that will be powered by a growing relationship between GE Aviation and the University of Cincinnati Research Institute, or UCRI.
“Our business is growing significantly and we have considerable new technologies that must be developed and industrialized,” said Gary Mercer, vice president of engineering at GE Aviation, in a press release. “We want UC’s best minds to be a part of our journey as we influence the future course of aviation. It is also an important effort to further enhance Ohio’s aerospace capabilities.”
GE has committed $6 million over the next three years to fund six UCRI researchers and 19 students who will work on new jet engine technologies on the Evendale Campus. UCRI has committed $1 million in funding over three years on equipment.
The $100 million combustion lab was originally announced in April, as part of a $200 million investment GE was planning in Southwest Ohio. GE has since increased that investment to $300 million, according to Dayton Daily News.
The new test laboratory will be used to developed low-emission engines that use compressed air and fuel to generate engine thrust more efficiently. GE and UCRI will analyze new kinds of combustors, which is the part of a jet engine where compressed air and fuel are mixed and ignited.
In addition to funding from GE and UC, the research facility has secured $5 million in state funding through the Ohio Third Frontier program in 2012. The Ohio Tax Credit Authority approved on Monday a modification of Ohio’s 2009 agreement with GE Aviation. The 2009 deal called for GE to invest $100 million and retain 5,000 jobs in Southwest Ohio.
The new deal provides a 50 percent, 15-year tax credit abatement in return for GE’s pledge to retain 5,000 jobs in Southwest Ohio through 2023.
GE Aviation has been saying for months that its local employment of 7,400 was unlikely to change.
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