(The Center Square) – GE Appliances announced Thursday it is investing more than $150 million into contracts for suppliers in the United States, contributing toward a new laundry manufacturing plant.

The appliance company, whose parent company is China-based Haier, plans to split up investments across suppliers in 10 states and focus on steel, resins, parts and components in order to develop products at a washer and dryer plant which is being built in Louisville, Kentucky.