Thursday, April 10, 2014 at 5:14 PM
The company has chosen Greater Cincinnati as one of five worldwide headquarters for its shared services centers. In terms of jobs, it’s described as the state’s largest economic development project in the last decade.
Ohio Gov. John Kasich said JobsOhio worked on this deal for years, but wouldn’t elaborate on what incentives were offered.
“We’ve been able to have some agreements and deals in job creation,” Kasich said. “And we just have a really good situation, we negotiated hard back and forth.”
Cincinnati Mayor John Cranley also wouldn’t be specific but said the goal is to make sure GE chooses to locate in the city. He said it’s a good sign that temporary offices are being set up in downtown’s Atrium Two building.
“We’ll do the types of things we do for our normal jobs, the kind of incentives we made available for Dunnhumby, or for Catholic Health Partners, and others that we’re trying to lure to the city, and have in the past,” Cranley said. “Whether we build a garage for Kroger, when they recommitted their headquarters in downtown. We’re going to see what they need, and what they need will depend on the site that they select.”
GE’s Joe Allen said the total number of jobs could be closer to 2000 once everything is up and running. He added Ohio just makes sense, especially given GE Aviation is already headquartered in Evendale, in suburban Cincinnati.
“We have about 16,000 employees from GE in the state—it’s the most of any state we have,” Allen said. “And so when you think about Southwestern Ohio, there about 9,000 employees,” Allen said, “from a greater Cincinnati standpoint, there’s a big GE pool to pull from, as well as just the local talent. And with the relationship that we have, the partnership that we have, it makes it an easy decision for us.”
GE says it will break ground a new facility this summer and expects to be fully operational by 2017. Positions will include functions such as finance, human resources and IT.
Please follow our community discussion rules when composing your comments.