GE HealthCare, Vital Driver Of South Carolina’s Economy And Healthcare System

Last week, GE HealthCare released a series of new state-level economic impact reports that spotlight the company’s role as a leading U.S. manufacturing employer and innovation partner driving the future of healthcare.

These reports provide a data-driven look at GE HealthCare’s 2024 economic footprint in four key states—Wisconsin, South Carolina, Ohio, and Utah—quantifying their contributions to local economies, high-quality job creation, research and technology advancement, academic partnerships, and community growth.

In South Carolina, GE HealthCare has more than 42 years of history. The company is anchored by their advanced magnetic resonance imaging (MRI) magnet manufacturing site here in Florence and generates significant economic value in the state and throughout the country. In 2024, GE HealthCare’s operations in South Carolina contributed $6.16 billion to the state and national economy and supports around 800 full-time and contractor jobs.

This report reflects GE HealthCare’s continued strong and growing importance to South Carolina’s economy—not just as an employer, but as an engine of innovation, community development, and statewide prosperity.

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