Singapore International Political Economy

GE has announced it will invest in Singapore’s Airfoil Technologies International as it agreed to buy Teleflex’s shares for $300 million according to Aviation Week.

The Singapore investment by GE takes a controlling interest stake from the joint venture partner Teleflex and positions the company to protect its proprietary repair processes for an install base of approximately 23,000 commercial aircraft engines.

The GE Singapore investment news come as GE continues to suffer the impact of the current global economic crisis.