UPDATE 3-GE sets Michigan research site, calls for renewal

Newswire

* GE to invest $100 mln in site * State tax incentives totaling $74 mln over 12 years * 1,200 initial jobs, hiring to start later in 2009 * Michigan governor: high-paying jobs at facility * GE's Immelt calls for U.S. industrial renewal (Adds Immelt quotes, details) By David Bailey and Soyoung Kim DETROIT, June 26 (Reuters) - General Electric Co plans to open a research center in the economically ailing U.S. state of Michigan, in a bid to boost its technology and software presence ...

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