You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Business

  • US appeals WTO meat label ruling
    WASHINGTON – The United States is appealing a World Trade Organization decision that would make it harder for U.S. consumers to know where meat in the grocery store came from.
  • Swiss to vote on rich gold-buying plan
    GENEVA – In Switzerland, a campaign is on to protect the country’s wealth by investing in gold – a lot of gold.
  • OPEC fallout: Oil prices fall
    NEW YORK – A decision by OPEC this week to maintain current levels of oil production hammered major energy companies in the U.S. and abroad.
Advertisement
Michelle Davies/The Journal Gazette
The General Electric campus on Broadway is the most visible sign of GE's presence in Fort Wayne. The company said today it would close the last facilities here, ending a presence of more than a century in the community.

GE confirms plan to close Fort Wayne facilities

90 local jobs lost in end of century-long occupancy

General Electric said today it has decided to move forward with the closing of its executive center on Coliseum Boulevard, ending the jobs of about 60 professionals there no earlier than January 2015.

In a statement, the company said its decision to move the work to Monterrey, Mexico, follows a 60-day bargaining period with the International Union of Electrical Workers and the International Association of Machinists and Aerospace Workers.

"The proposals submitted by the unions fell well short of the savings and efficiencies that would be generated by the proposed actions," the statement said.

GE previously announced it would close a local motor testing lab that employs about 28 workers.

GE has been part of the Fort Wayne community since 1911, and has a 32-acre, 13-building campus on Broadway. The company said today it is considering options for the campus and would continue to consult with Mayor Tom Henry's office and the Fort Wayne Economic Development Alliance.

For more on this story, visit www.journalgazette.net later today or see Saturday's print edition of The Journal Gazette.

Advertisement