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GE confirms it’s heading to Boston
https://www.bostonglobe.com/business/2016/01/13/general-electric-will-announce-tomorrow-that-has-selected-boston-for-global-headquarters-according-official-familiar-with-process/ZYZSu7GorfVTRXM2ZIaabJ/story.htmlGeneral Electric Co., one of the most storied names in corporate America, said Wednesday it will relocate its global headquarters to Boston.
The decision marks the end of a high-stakes competition to woo GE from its longtime campus in suburban Connecticut, besting New York, Providence, and other cities, and further solidifies the region’s reputation as a magnet for innovation.
GE said it will have roughly 800 people in Boston: 200 from corporate staff and 600 digital industrial product managers, designers and developers split among various divisions.
It’s a major victory for Governor Charlie Baker and Mayor Martin J. Walsh, whose aides worked closely together for several months to lure GE to a city that has seen many of its biggest companies swallowed up by out-of-town buyers, and a state that has labored hard to shed the “Taxachusetts” label pinned on it during the 1970s.....
The decision marks the end of a high-stakes competition to woo GE from its longtime campus in suburban Connecticut, besting New York, Providence, and other cities, and further solidifies the region’s reputation as a magnet for innovation.
GE said it will have roughly 800 people in Boston: 200 from corporate staff and 600 digital industrial product managers, designers and developers split among various divisions.
It’s a major victory for Governor Charlie Baker and Mayor Martin J. Walsh, whose aides worked closely together for several months to lure GE to a city that has seen many of its biggest companies swallowed up by out-of-town buyers, and a state that has labored hard to shed the “Taxachusetts” label pinned on it during the 1970s.....
At least eight hundred jobs....this is a big deal.