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Friday, 08/22/2014 10:05:03 AM

Friday, August 22, 2014 10:05:03 AM

Post# of 92948
GE Healthcare Life Sciences to Move HQ From NJ to Marlborough
By John Jordan | Northeast

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Kieran Murphy, president and CEO of GE Healthcare Life Sciences
MARLBOROUGH, MA—GE Healthcare Life Sciences announced today that it has selected a site here to build its new 160,000-square-foot U.S. headquarters facility. The company will be relocating its headquarters operations from Piscataway, NJ.

The $21-million project will establish a new site for location for more than 500 GE Healthcare Life Sciences employees, including the creation of more than 220 new jobs in the US's leading life sciences and biotechnology cluster, company officials say. Recruitment has begun with the site scheduled to open in the spring of 2015. The unit is currently headquartered at 800 Centennial Ave. in Piscataway, NJ.

This investment will consolidate GE Healthcare Life Sciences’ east coast presence and transform what the company describes as a currently unoccupied space into state-of-the-art labs, customer application facilities, and office space to complement GE Healthcare Life Sciences’ existing manufacturing capability in Westborough, MA. The new U.S. headquarters will house employees from across the Life Sciences business, including its research, bioprocessing, medical imaging, in vitro diagnostics and services segments.

Worldwide GE Healthcare Life Sciences’ $4-billion business has more than 11,500 employees in more than 100 countries.

“Our new facility in Massachusetts will position us for continued innovation and competition in such a fast-paced, innovative industry,” says Kieran Murphy, president and CEO of GE Healthcare Life Sciences. “We will be close to industry-leading talent, customers, and world-class academic and medical institutions across all the industry sectors we serve, from biotech and pharma, to diagnostics and medical devices.”

“Today, Massachusetts’ life sciences sectors are the fastest-growing sectors of our economy. We look forward to welcoming the U.S. life sciences headquarters of GE Healthcare and are pleased that the company will create a substantial number of new, STEM-related job opportunities in central Massachusetts,” says Massachusetts Gov. Deval Patrick

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