GE OPENS FIRST QUEENSLAND HQ

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.

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