Image courtesy of GE

GE Oil & Gas Inc. will invest $8 million and add 175 jobs at its manufacturing facility in Schertz, Texas by next year, the San Antonio Express News said.

The company plans to raise its workforce at the facility to 400 employees, with an annual payroll of about $16 million, or an average of $40,000 per worker.

GE Oil & Gas manufactures equipment used in the production of natural gas at the Schertz facility.

The move continues GE’s aggressive expansion in the oil and gas segment.

Earlier this month, it announced a joint research alliance with Chevron to develop advanced oil and gas production and refining technologies.

The new joint venture will be based at a new research center in Oklahoma City.

GE’s downstream business sells pumps, valves, steam turbines and other gear trained on natural gas processing and oil refining.

Last month, GE acquired high-horsepower gas processing equipment from Cameron International for $550 million.

View GE oil and gas jobs on OPA jobs here

View Chevron oil and gas jobs on OPA jobs here



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