If you need a job, General Electric may have an opportunity for you. The internationally known company took a step closer to bringing new jobs to the area. The Caddo Commission passed a resolution last week that will benefit GE. It plans to bring 28 new manufacturing jobs to Caddo Parish, expanding payroll by $1. 2 million, according to an economic development application given to Caddo Commissioners. The application also says GE will invest a little more than $2.5 million at their current shreveport location, which it nearly closed at one point.
"It's important that we realize one thing," Commissioner Ken Epperson said. "General Electric had planned to close this plant and go to Mexico."
Commissioner Ken Epperson says GE even built a new facility in Mexico and be began production there, but he says product quality suffered. GE found a solution by keeping its local location.
"I think it's a tribute to show the ingenuity, the manufacturing and the productivity abilities of our employees here in Shreveport and the surrounding areas in Louisiana," Epperson said.
GE isn't staying in the area without a price. The Caddo Commission will provide the company with a sales tax rebate of $100,000 on its costs. Epperson says g-e might benefit on the state level too.
"The state has some incentives that they can also participate in," Epperson said. "I think the state will offer some training."
GE's incentives stem from the Louisiana quality jobs program. GE produces commercial transformers at its Shreveport plant. Five construction jobs will also be created. In all, GE has more than $13 million invested in the area.