News Release: Governor's Press Office
July 24, 2014
CLEARWATER, Fla. – Today, Governor Rick Scott announced that GE’s Energy Management business will create a new 190,000 square feet manufacturing Center of Excellence (COE) in Clearwater. The COE will include the existing instrument transformer facility as well as new manufacturing operations for capacitors. The expansion encompasses a capital investment of $50 million that will create 250 new jobs.
Governor Scott said, “General Electric Energy Management’s investment in Clearwater is great news for Florida families. The creation of 250 jobs means more Floridians will be able to provide for their families and pursue their dreams in the Sunshine state. Florida businesses have already created more than 620,000 private-sector jobs since December 2010, and we will continue to create an opportunity economy where every Floridian can love the American Dream.”
The company currently manufactures instrument transformers for use by utilities and industrial customers to protect their equipment and ensure the safe and reliable operation of electrical systems.
Florida is home to industry leading producers of power generation systems, a variety of solar technology companies, biofuel producers, and battery and fuel cell manufacturers. The depth and breadth of Florida’s cleantech industry base can help businesses find the talent and suppliers to succeed.