GE Transportation, a maker of rail and transportation products, said today it plans on opening a new locomotive plant in Ft. Worth, Texas, a move that will result in the creation of 500 high-tech jobs.
In addition to the Ft. Worth project, GE said its hiring 250 workers for its existing plant in Erie, PA.
In Texas GE will invest $96 million in a facility that will manufacture, assemble and remanufacture GE’s rail and transportation-related products, including GE’s new fuel-efficient locomotives.
Production will kick off in 2012.
As an added incentive, Texas said it will commit up to $4.2 million in incentives toward the project through the Texas Enterprise Fund (TEF).
“GE Transportation is experiencing strong U.S. and global growth because of its technical leadership and we need to increase our manufacturing capacity and flexibility,” said GE Chairman and CEO Jeffrey Immelt. “This new state-of-the-art plant in Fort Worth, Texas will produce the world’s most advanced locomotives and transportation products, expand our service and repair capability, and create hundreds of new high-tech manufacturing jobs.”
Texas continues to attract employers of all sizes that are looking to create jobs and grow their business thanks to our low taxes, reasonable and predictable regulatory climate, fair legal system and skilled workforce, said Texas Governor Rick Perry. This investment in Fort Worth will continue to strengthen the economy in North Texas and in our state, creating jobs and prosperity for hundreds of Texans.
In Erie, GE Transportation has recalled approximately 800 production workers due to an improving economy and a boost in demand.