GE Headquarters Moving to Boston From Connecticut
Thursday, January 14th, 2016
General Electric Co. said it would move its corporate headquarters from Connecticut to Boston this summer, ending a fierce competition among states to lure one of the nation's largest companies.
Massachusetts and Boston officials said Wednesday that they had offered incentives worth up to $145 million to lure the company to the city. The package included up to $25 million in property tax relief. The conglomerate, which has been based at a campus in Fairfield, Conn., since 1974, said it reviewed 40 locations before selecting Boston.
