GE HealthCare
GE HealthCare's Economic Impact in Utah
Pages
15
Time to read
19 mins
Publication
Language
English
Pages
15
Time to read
19 mins
Publication
Language
English
This report details GE HealthCare's significant contributions to Utah's economy, emphasizing its advanced manufacturing operations and high-skilled employment opportunities. The Salt Lake City facility plays a crucial role in producing mobile fluoroscopy and cone-beam computed tomography imaging systems, supporting a strong local workforce and fostering innovation in the healthcare sector. The report outlines the company's economic output, which is estimated at $1.97 billion for 2024, detailing direct, indirect, and induced effects of its operations. Direct contributions amount to $452 million, while indirect outputs from local suppliers total $301 million. Induced effects, stemming from employee spending, account for $1.22 billion. Additionally, GE HealthCare's export activities, valued at approximately $80 million, highlight Utah's role in the global health technology supply chain. The report underscores the company's commitment to community development and its integral role in enhancing Utah's healthcare infrastructure.