GE Mining Global calls Brisbane home

Published Wednesday, 26 September, 2012 at 01:35 PM

Deputy Premier, Minister for State Development, Infrastructure and Planning
The Honourable Jeff Seeney

US-based corporate major GE’s (General Electric) newly launched GE Mining Global will call Brisbane home as it consolidates its expansion into the $60 billion world mining equipment and energy markets.

Deputy Premier and Minister for State Development, Infrastructure and Planning Jeff Seeney welcomed the announcement and said the company’s decision to locate in Brisbane was a vote of confidence in Queensland.

“GE Mining’s new Chief Executive Officer Geoff Knox has told US media the new business will help mines address critical power, water and productivity issues,” Mr Seeney said.

“Investments such GE’s help strengthen the Queensland economy and create new jobs, and the department’s Invest Queensland unit proactively targets these international investments.

“The company’s decision to invest in Queensland further validates Brisbane’s place as a global hub for mining and engineering services.

“They will be taking advantage of the world class skills, research and manufacturing Queensland has to offer.

“GE’s new offices in Brisbane will put them in the company of several international mining companies which have also chosen to call Queensland home”.

GE has indicated the establishment of GE Mining Global followed its recent mining sector acquisitions of Queensland manufacturer Industrea Ltd and US-based Fairchild International.

The investment further reinforces GE’s presence in Queensland with existing operations servicing the healthcare, aviation and energy industries.

Mr Seeney said GE was already an active player in the mining industry providing products and services to mining companies, including rail locomotives, water desalination systems and electrical turbines.

“Queensland’s international reputation as one of the great mining regions will be further enhanced by GE’s decision to operate this business unit here in Brisbane.”

[ENDS] 26 September 2012

Media contact: Kate Haddan – 0418 373 516