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

1700 BRISBANE APARTMENTS NOW MANAGED BY FORTUNE 500 COMPANY JLL

MULTINATIONAL and Fortune 500 company JLL (NYSE: JLL) has expanded its Australian dominance in the property managemen...

HARVEY NORMAN HITS OUT AT 'FALSE NEWS' OF ASIC INVESTIGATION

RETAIL giant Harvey Norman (ASX: HVN) has vehemently rejected reports its accounts are under investigation by ASIC, s...

RARE GOOD NEWS FOR SLATER AND GORDON AS ASIC CLOSES INVESTIGATION

ASIC has cleared Slater and Gordon of deliberately falsifying its accounts after a three-month investigation.

It s...

Q & A WITH FACEBOOK GURU ANDY MCKEON AS HE JOINS AUSTRALIAN SOFTWARE COMPANY LIVETILES

HE was creative director at Apple under the legendary Steve Jobs, and is now a senior Facebook executive. In his n...

Related News

RAY OF HOPE FOR SLATER AND GORDON AS LENDERS STEP IN

EMBATTLED law firm Slater and Gordon (ASX: SGH) has announced to the ASX that it has launched confidential discussion...

SPROUTX PROVIDES THE SEED FOR AGTECH STARTUPS

AGTECH innovation fund SproutX has opened applications for its first accelerator round, backed by $10 million from...

GAS PRICES MAY FORCE BRICKWORKS TO TAKE MANUFACTURING OVERSEAS

BRICKWORKS Limited (ASX:BKW) chairman Robert Millner says soaring energy prices may force the company to turn to offs...

CHINA CONTINUES TO COLLECT AUSSIE PROPERTY ASSETS

CHINESE coin continues to dominate Australia's offshore real estate investment market, accounting for almost h...

EVENTS COMING UP

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter