General Electric and the government of the Czech Republic signed an investment agreement to build GE’s new turboprop headquarters outside the capital, Prague. The investment will double GE Aviation’s in-country employment.

When GE Aviation bought the Czech turboprop builder Walter Aircraft Engines in 2008, it hadn’t developed a propeller engine in decades. Over the last seven years, engineers in both Prague and in the U.S. worked diligently to develop a new advanced turboprop engine (ATP) that could change the propeller industry.