General Electric is poised to take advantage of Oklahoma's oil and natural gas heritage.
GE, a $240 billion company, announced Wednesday it will build a $110 million global research center in Oklahoma dedicated to driving innovation and technological advancements in the oil and natural gas sector.
“Our shingle is out today,” said Mark Little, GE's chief technology officer. “We're hiring.”
The new facility will employ at least 125 people in high-tech engineering jobs, “the kind of jobs we like to attract to Oklahoma,” Gov. Mary Fallin said.
Fallin joined GE officials on Wednesday in announcing the new research center, which will be the company's first sector-specific facility and eighth overall. GE also has research centers in New York, California, Michigan, India, China, Germany and Brazil.
CEO Jeff Immelt said technology is an essential part of today's oil and gas industry.
“Finds are more technically challenging today,” CEO Jeff Immelt said. “We believe that it is absolutely key to bring science, engineering and technology into the oil and gas sector.”
Immelt said Oklahoma was chosen for the new center because of its proximity to GE's oil and gas customers. The company intends to capitalize on the state's academic institutions and the area's skilled workforce.
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