Governor Fallin, General Electric Make Economic Announcement - KATV - Breaking News, Weather and Razorback Sports

Governor Fallin, General Electric Make Economic Announcement

Posted: Updated:

New jobs and technological advancements were at the center of Governor Mary Fallin's announcement Wednesday morning at the state capitol.

A $110 million investment, 125 new high-tech jobs and a new global research center. All three were discussed during Fallin's speech alongside General Electric officials at the Oklahoma State Capitol.

"In Oklahoma, we know that America's energy security and economic well-being demand more domestic energy production," Fallin said. "Technology continues to be the key to unlocking new energy resources and effectively utilizing those we have already discovered."

According to the release from Fallin's office, the new center will initially focus on technologies that enable safe and efficient production and delivery of unconventional oil and gas. The launch of the new center comes as the availability of unconventional resources, such as shale gas, is changing the global energy landscape and has the potential to create jobs, fuel innovation and lead to greater energy independence.

And as far as the potential new jobs coming to Oklahoma, those will range in professions from mechanical and electrical systems to software engineering. Those new employees will join GE's global network of 50,000 world-class scientists and engineers.

"Unconventional resources, and shale gas in particular, may be one of the biggest productivity drivers of our lifetime," GE Chairman and CEO Jeff Immelt said.

Immelt went on address how GE has invested $11 billion to build broad technical capabilities that deliver productivity gains and innovation for customers. His company will now work to search for a site for the new center.

Most Popular

Stories
Videos
loading...
  • Most Popular StoriesMost Popular StoriesMore>>

  • 20 year old Stuttgart man shot while walking his dog dies

    20 year old Stuttgart man shot while walking his dog dies

    Wednesday, July 23 2014 11:50 PM EDT2014-07-24 03:50:30 GMT
    UPDATE: 20 year old Daniel Ruffin passed away Wednesday night. STUTTGART (KATV) - Community members held a prayer vigil for Daniel Ruffin after he was shot in the chest on Tuesday night. Ruffin was walking his dog in front of his home on South Maple street just after 5 pm when he was shot. Neighbors At Wednesday's vigil Ruffin's family was warmly consoled and encouraged by neighbors.More >>
    UPDATE: 20 year old Daniel Ruffin passed away Wednesday night. STUTTGART (KATV) - Community members held a prayer vigil for Daniel Ruffin after he was shot in the chest on Tuesday night. Ruffin was walking his dog in front of his home on South Maple street just after 5 pm when he was shot. Neighbors At Wednesday's vigil Ruffin's family was warmly consoled and encouraged by neighbors. More >>
  • Lockdown lifted at Little Rock Air Force Base

    Lockdown lifted at Little Rock Air Force Base

    Wednesday, July 23 2014 5:48 PM EDT2014-07-23 21:48:11 GMT
    The lockdown at Little Rock Air Force Base has been lifted.More >>
    The lockdown at Little Rock Air Force Base has been lifted.More >>
  • FOLLOW-UP: Coroner says "pure speculation" if son would have been saved

    FOLLOW-UP: Coroner says "pure speculation" if son would have been saved

    Wednesday, July 23 2014 6:51 PM EDT2014-07-23 22:51:41 GMT
    CONWAY (KATV) – The Faulkner County Coroner said it was a lethal combination of a multitude of drugs that ultimately killed 20 year-old Joshua Ashley-Pauley – the son of the man holding a sign public shaming his son’s friends who he believes did nothing to help save his son. More >>
    CONWAY (KATV) – The Faulkner County Coroner said it was a lethal combination of a multitude of drugs that ultimately killed 20 year-old Joshua Ashley-Pauley – the son of the man holding a sign public shaming his son’s friends who he believes did nothing to help save his son. More >>