GE Capital, the financial services division of GE (NYSE: GE), announced
today that it has signed a long-term lease for approximately 60,000
square feet of office space at Place St. Charles. The downtown New
Orleans office building will serve as the site of the GE Capital
Technology Center, expected to open in late summer 2012. Once fully
staffed the Center will house 300 information technology professionals
and focus on developing innovative new software, processes and
technologies to drive excellence for GE Capital and its customers.
"We are very pleased with Place St. Charles," said Mike De Boer, Chief
Information Officer of the GE Capital Technology Center in New Orleans.
"The building's Class A office space, attractive amenities and
convenient location will allow us to create a world-class IT hub in the
heart of New Orleans and to form an integral part of the local business
Site selection marks the latest milestone in the Technology Center's
launch preparations since GE Capital announced in February its plans to
establish a technology center in New Orleans. The Center has also begun
recruiting for its first open positions, searching for talented IT
experts in the areas of:
Application and Enterprise Architecture
Interested candidates can go to http://www.ge.com/careers/ge_capital_technology_center.html
for the latest information.
Place St. Charles contains over 930,000 square feet of office space and
60,000 square feet of retail space. It is located in New Orleans'
Central Business District on St. Charles Avenue, two blocks from the
French Quarter and on the St. Charles streetcar line.
The GE Capital Technology Center in New Orleans is part of a three-year
trend of GE investing in technology centers in important American
cities. In Detroit, GE opened the Advanced Manufacturing and Software
Technology Center that employs roughly 800 information technologists and
will bring 1,100 jobs to Michigan by 2013. In Richmond, Virginia, GE
opened the Information Security Technology Center that will house 200
hi-tech IT security professionals. In San Ramon, California, GE's Global
Software Center will hire 400 software professionals focused on
increasing the pace of innovation, collaboration and commercialization
of new technologies.
GE (NYSE: GE) works on things that matter. The best people and the best
technologies taking on the toughest challenges. Finding solutions in
energy, health and home, transportation and finance. Building, powering,
moving and curing the world. Not just imagining. Doing. GE works. For
more information, visit the company's website at www.ge.com.
About GE Capital
GE Capital is one of the world's largest providers of credit. For over
one million businesses, large and small, GE Capital provides financing
to purchase, lease and distribute equipment, as well as capital for real
estate and corporate acquisitions, refinancings and restructurings. For
our 100+ million consumer customers, GE Capital offers credit cards,
retail sales finance programs, home, car and personal loans and credit
insurance. For more information, visit gecapital.com
or follow company news via Twitter @GECapital.
Kimberly McGinnis, 203-840-6560