General Electric Co. and the Indiana Economic Development Corporation (IEDC) said recently that GE plans to establish a new center of excellence in Bloomington, creating up to 200 new jobs by 2013.
GE will invest more than $93 million to make necessary infrastructure and equipment improvements at its 1 million-square-foot manufacturing campus in Bloomington. The facility, once scheduled for closure, will become GE’s center of excellence for the manufacturing of side-by-side refrigerators.
The company’s decision reverses a strategy pursued for more than 12 years of transferring production from the facility and comes after GE announced it would invest $68 million to redesign its refrigerator line at the Bloomington plant.
“Were so glad that General Electric understands that Indiana is a competitive location to invest and grow its business,” said Mitch Roob, chief executive officer of the IEDC. “This announcement is welcome news, not only for the new opportunities it will create, but also for the more than 500 workers who will be retained here.”
GE currently employs approximately 550 workers at the Bloomington facility.