GE Transportation Supports 1 in 11 Jobs in Erie County
Apr 29, 2011 12:30 PM ET
Every GE job supports close to three additional jobs in Pennsylvania
Total economic impact of $2.7 billion on Erie County, $4.6 billion on Pennsylvania
Company generates one dollar in every $130 in the state’s economy
“The positive effect GE Transportation has on the Erie region is tremendous, it can’t be overstated. In terms of jobs, business activity with local companies, opportunities for young people, in terms of overall quality of life in the community, GE is a leader in every respect.”GE Transportation’s operations have a total economic impact of more than $2.7 billion on Erie County and of $4.6 billion on all of Pennsylvania, the report states. “One dollar in every $130 in the state’s economy is generated by GE Transportation, making it one of the largest industrial companies in the Commonwealth,” said Paul Umbach, President & CEO and Co-founder of independent research firm Tripp Umbach. “GE Transportation’s annual economic impact on the Commonwealth of Pennsylvania is larger than all Pennsylvania-based professional sports teams ($1.37 billion) and the state’s mining, oil and gas extraction industries ($1.79 billion) combined.” To continue reading the about the economic impact study, click here. About GE
GE (NYSE: GE) is an advanced technology, services and finance company taking on the world’s toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company's Web site at www.ge.com.
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