G-E Aviation revitalization to take off early next year
By
Ann Thompson 11/6/2009 8:15:08 AM
GE is looking to the future as it redesigns its Evendale complex, and makes a long-lasting commitment to Greater cincinnati. WVXU’s Ann Thompson reports.
Transcript:
THOMPSON: General Electric Aviation President David Joyce says expect the renovation to begin with a big boom. Building 701, the art deco structure, constructed in 1941, and closest to I-75 will be the first to be torn down, as GE becomes more technologically advanced to remain competitive.
JOYCE: You’ll see a campus to where there is more open areas and green space for people to participate in, and the amount of office space will be larger with more research capability and technologically capability, not like the manufacturing capability like we have today
THOMPSON: Joyce says in the next decade there’re going to be a lot of aircraft retired, and new engines required. He says if the company doesn’t have preeminent technologies starting now, it will lose its position in the marketplace. The State of Ohio knows that, and is offering a 127-million dollar incentive package to help redesign GE Aviation in Evendale. Governor Ted Strickland says the revitalization will attract high tech jobs.
STRICKLAND: This is really good news for Ohio, and especially this region. Jobs will be retained here that possibly could have been lost.
THOMPSON: GE is investing more than 100-million dollars in capital improvements, and eventually will expand its partnership with UC, to possibly build a research facility at the Evendale complex.
Ann Thompson 91.7 WVXU
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