Mayor Rahm Emnanuel announced Monday that GE Capital, a division of General Electric, will expand to Chicago, bringing with it 1,000 jobs.
"We're a city that's on the move," Emanuel said. "I'm in conversations with other companies [as well]."
Emanuel said he met with General Electric Chairman Jeff Immelt on March 8, before his inauguration, about expanding operations to the Windy City. "I knew him from prior work," Emanuel said.
Dan Henson, president of GE Capital, said it makes sense to grow in Chicago.
“We support Mayor Emanuel’s commitment to economic growth, and our decision to expand our presence in Chicago reflects our confidence in his ability to deliver on this promise,” Henson said.
Henson says the jobs include sales and marketing positions as well as technical jobs.
Chicago will be GE Capital's second-largest location. After the first 1,000 jobs are filled, another 500 will be added in the next year and 500 in years after that. The company currently is looking for a larger Chicago office.