GE will move its corporate headquarters from Fairfield to Boston, the company announced on Wednesday, Jan. 13.
“GE aspires to be the most competitive company in the world,” its chairman and CEO, Jeff Immelt, said in statement on Wednesday. “Today, GE is a $130 billion high-tech global industrial company, one that is leading the digital transformation of industry. We want to be at the center of an ecosystem that shares our aspirations. Greater Boston is home to 55 colleges and universities. 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. We are excited to bring our headquarters to this dynamic and creative city.”