Baucus, Tester announce $750,000 for Billings’ Transtech Center

Grant will help fund parking lot for new GE operations center

(WASHINGTON, D.C.)  The future site of GE in Billings, the Transtech Center is about to get some help from the federal
government, thanks to a grant announced today by U.S. Senators
Max Baucus and Jon Tester.

The U.S. Department of Commerce awarded the Big Sky
Economic Development Authority a grant for $758,406.  Big Sky EDA will use the money
to build a parking lot for the Transtech Center in Billings. The Transtech Center will be home for the 200 employees
GE plans to hire when it opens its commercial finance operations center next
year. Baucus was instrumental in bringing GE to Billings- the company first considered coming to Montana after attending Baucus’ Economic Summit in
Butte last

“This is one of the final steps towards opening the
doors at the Transtech Center so that GE can move in and start
hiring employees,” Baucus said. “Simple things like a parking lot can bring a
lot of economic value to the Billings

“Investing in infrastructure lays the foundation for our
community and our future,” Tester said. “The new GE Center will bring
good-paying jobs to Billings, and I am pleased that federal money
is going to help make that happen.”

GE expects the new operations center to be fully
operational by the middle of next year.