GE to hire 5,000 veterans over next 5 years

February 13, 2012 6:30:00 AM PST
General Electric Co. plans to hire 5,000 veterans over the next five years and invest $580 million to expand its aviation business.

The announcements Monday were part of a four-day event that the global conglomerate is hosting with partners in Washington.

GE CEO Jeffrey Immelt heads up President Obama's 27-member jobs council, which also includes AFL-CIO President Richard Trumka, AOL co-founder Steve Case and Facebook chief operating officer Sheryl Sandberg.

GE said Monday that its "Hiring Our Heroes" partnership will help match veterans with jobs.

Connecticut-based GE also plans to open several manufacturing training centers in locations such as Houston and Cincinnati to help build job skills.