GE Appliances has opened its GeoSpring Hybrid Water Heater manufacturing facility at Appliance Park in Louisville, Ky. -- the first to open there since 1957. The new product and a revitalized facility, a $38 million investment, is the first of GE’s commitments to invest a total of $1 billion ($800 million in Louisville) and create more than 1,300 new jobs in the United States by 2014.