GE bringing 263 jobs
CLEARWATER — As anticipated, General Electric is bringing 263 manufacturing jobs to Clearwater and spending $49 million to turn a current operation here into a national "Center for Excellence." The local GE subsidiary, Instrument Transformers Inc., has been at 1907 Calumet St. in Clearwater for 28 years and has 436 employees. Clearwater Mayor George Cretekos, who credited the city's tax exemption program for helping lure GE, said the news "shows that we can compete for high quality jobs." As the Tampa Bay Times first reported in September — when a decision was still pending — union members at the Fort Edward facility in New York blasted GE for proposing moving jobs to Florida as a wage-cutting move. GE said it also considered other sites in the United States and abroad. The Fort Edward plant makes electric capacitors — devices that store energy. The Clearwater facility currently makes low and medium voltage transformers.