General Electric will relocate its headquarters from Fairfield, Conn., to Boston as early as this summer, GE Chairman and CEO Jeff Immelt announced Wednesday.
GE first said it was considering moving last June after Connecticut proposed raising business taxes, but GE has finally decided to leave its Fairfield headquarters after over 30 years. "We want to be at the center of an ecosystem that shares our aspirations,” Mr. Immelt wrote in a press release.
