CINCINNATI (AP) — The General Electric Co. plans to build a new global operations center in the Cincinnati area, adding 1,400 jobs in southwest Ohio.
The announcement was made Thursday by JobsOhio, the state’s private job-creation agency.
Fairfield, Conn.-based GE describes the center as a “shared services” site that’s part of the sprawling company’s efforts to streamline operations.
The company that makes products ranging from aircraft engines to CT-scanners and also offers financial services employs some 307,000 people globally, with annual revenue of $146 billion. GE’s Aviation division is based in the northern Cincinnati suburb of Evendale.
The Cincinnati Enquirer ( ) reports that three locations in Cincinnati or one of its suburbs are considered front-runners for the site. GE expects to break ground this summer and have the site fully running by 2017.