General Electric Will Move Headquarters to Boston GE has been headquartered in Fairfield, Conn.
The conglomerate has been weighing a move out of Connecticut since the summer, when lawmakers passed a budget that included $1.2 billion in tax increases despite protests from some of the state's biggest corporations. In earlier 2015 comments, Immelt claimed GE's state taxes had increased five times since 2011.
At last tally, GE employed about 5,700 people in the state of Connecticut, with about 800 people in its Fairfield headquarters.
GE already has a number of businesses with offices in the Boston area, including life sciences, jet engines and a new lighting business called Current headquartered in Boston.
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