Article: GE Breaks Ground on New Research Center in Munich - 'GE Global Research - Europe' Will Focus on Alternative Energy Systems, Sensors, Advanced Medical Imaging and Automotive Technologies.

Jul 7, 2003 - General Electric (GE) broke ground today on a $52 million (USD), 10,000 square meter (107,600 sq. ft.) research facility on the Garching campus of the Technical University of Munich (TUM) that will employ 150 scientists and researchers by 2005. As GE's first research and development center in Europe, this facility is part of GE Global Research, which develops advanced research and technology for all of GE's businesses.

"Technology is the key driver for GE's future growth, and GE Global Research - Europe will be a welcome addition to our world-class technology team," said Jeffrey R. Immelt, GE Chairman and CEO. "To have the best products and ...

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