GE Aerospace is planning to invest $20 million at its Asheville manufacturing site, part of a nearly $1 billion investment across the U.S.

GE Aerospace is the second international aerospace company to announce a major investment in North Carolina this year. In January, Pratt & Whitney said it plans to add 325 aerospace manufacturing jobs in a $285M expansion of its Asheville facility, where it makes high-tech turbine airfoils, a key component of aircraft engines

GE Aerospace is the latest company to announce an investment in the U.S. economy under the Trump administration. GE said the funds are nearly double last year's commitment.