GE OPENS FIRST QUEENSLAND HQ

Written on the 12 June 2015

GE OPENS FIRST QUEENSLAND HQ SPRINGFIELD has received an all-American $72 million business boost, with the opening of General Electric (NYSE: GE) this week.

The 10,000sqm office will house 500 GE staff over three floors, bringing together Connecticut-based GE's businesses including Power & Water, Mining, Healthcare and Transportation.

The office, which is the company's first ever consolidated Queensland headquarters, was opened by Premier Annastacia Palaszczuk at a ceremony held on-site.

Springfield city founder and chairman of Springfield Land Corporation, Maha Sinnathamby (pictured), says the investment is a great endorsement of the city and has synergies with existing infrastructure.

"This is another welcome affirmation for Greater Springfield and a great endorsement for Queensland as a place to conduct business," says Sinnathamby.

"The $72 million building is cutting edge in its design which reflects the world class innovation and expertise that GE demonstrates daily across its entire business.

"We can only anticipate with excitement about what the future holds for GE in Greater Springfield, given the potential synergies that exist between what GE does and our world-first health and education precincts which are nation building projects."

GE's Queensland history dates back to 1896 with the supply and installation of the electric motors that powered Brisbane's first tramways. Today, GE is involve in every LNG project in the state.

The masterplanned Springfield stretches 2868ha, currently has 30,000 residents and has already attracted more than $11 billion in both private and public investment.

Latest News

BABY STEPS FOR BELLAMY'S IN TURNAROUND

GREEN shoots are appearing in the Bellamy's Organic (ASX: BAL) business in the early days of its turnaround.

T...

LOSSES MOUNT AT SLATER AND GORDON

SLATER and Gordon's losses continue to mount following its disastrous entry in to the UK market. The compa...

NVC PLAYS A DIFFERENT GAME, AND WINS

AS its profits rise, National Veterinary Care's (ASX: NVL) focus on training over retail is proving to be a wi...

SUPERLOOP $2M LOSS DOES LITTLE TO KILL SLATTERY'S CONFIDENCE

BEVAN Slattery (pictured) is optimistic that Superloop's (ASX: SLC) financial position is promising, despite t...

Related News

HOW TO TAKE CONTROL OF YOUR CAREER THROUGH TRAINING

GIG economy, remote working, and freelance Friday are more than just buzz terms; our workforce is changing, and so...

EVERYTHING YOU NEED TO KNOW ABOUT THE NATIONAL BROADBAND NETWORK

THE National Broadband Network (NBN) is more than an internet connection, it is an opportunity to transform your b...

WHY EMPLOYEE-OWNED COMPANIES ARE BEATING ASX200 SHARE PRICES

EMPLOYEE-owned companies command a higher share price than their publicly listed peers, reaping a 17 per cent prem...

RISE OF THE MACHINES HAS WORKERS SWEATING

UP TO 3.8 million Australian workers are fearful their job may soon be terminated by a robot, a new survey has shown....

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter