General Electric Global Operations Center

Location: The Banks, Cincinnati, Ohio 45202

Neighborhood: Central Business District

Fiscal Year Approved: 2014

Project Type: Business Retention / Expansion

Description: Recognizing the many benefits that Cincinnati has to offer, General Electric made the decision to locate its U.S. Global Operations Center at the Banks—one of five such centers in the world. At this location GE will perform finance and information technology functions for its myriad business units. Approximately 1,800 people will be employed at the Global Operations Center.

Private Investment: $90,000,000

Type of City Assistance: Job Creation Tax Credit (JCTC)

Innovations:

  • 1,800 Jobs
  • 142,000,000 in new payroll to the city
  • Will be one of five such centers in the world