I almost expected to see dancing in the streets when the news got out: General Electric is moving its headquarters to downtown Boston.  This Fortune 500 company (#8 on the list), with  $149 Billion in revenue wants to become more of a technology and software company which fits very nicely in with Boston’s positon as a world-class city for creating new, innovative products.

“Massachusetts spends more on research & development than any other region in the world, and Boston attracts a diverse, technologically-fluent workforce focused on solving challenges for the world,” GE CEO Jeff Immelt said in a statement. “We are excited to bring our headquarters to this dynamic and creative city.”

Amen!

Read The Wall Street Journal’s article about GE’s decision.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>