GE Transportation establishing global HQ in Chicago

May 30, 2012 10:45:05 AM PDT
Mayor Rahm Emanuel and General Electric executives announced Wednesday that GE Transportation will establish its global headquarters in Chicago.

GE already has 4,000 employees in Chicago.

The mayor said the move will bring 150 jobs to Chicago by 2014; some of them will be relocations from Erie, Pa.; others will be new hires.

"The fact that we have a highly educated and skilled workforce made Chicago the right choice for GE Transportation," Emanuel said.

GE Transportation makes equipment for rail, mining and marine industries. It used to have a plant in the western suburbs that is now closed.

It's not certain yet where in the city the global headquarters will be.