Fairfield, Conn.-based General Electric in April announced plans to open a U.S. Global Operations Center in Cincinnati, the fifth such center to open worldwide. The company will consolidate back-office functions such as finance and information technology at the Ohio center.
The multinational conglomerate selected the Cincinnati market for the center, but has yet to officially name where its final location would be within the region.
“We’re declining to comment,” GE spokesman Seth Martin said Wednesday when asked by the Journal-News to confirm whether the company has settled on The Banks.
The project was compared to Ohio winning a Fortune 500 headquarters, as the new service center will create 1,400 new jobs in the state. Some jobs will be positions transferred from other GE locations nationwide and consolidated to Cincinnati. The share of jobs to be transferred to Cincinnati, and the share of jobs for which the company will be hiring was not disclosed.
Some jobs will also be transferred from other sites in Ohio, bringing total employment at the center when it opens in 2017 to the range of 1,500 to 2,000, according to GE.