[RunD1987]

That be a good location for them in White Plains. Unless they want to make a huge campus similiar to Fairfield with a hotel and all.

[beerisgood02]

And White Plains isnt that far from FF, Westport, etc.

[Raider111]

Originally Posted by JayCT

And the locations mentioned don't have this??? What does teardowns have to do with GE considering a relocation? Makes no sense. Jay

makes perfect sense, higher prop taxes to make up for some of the loss of tax rev if building is donated, granted they'll need a lot of them.

[AtkinsonDan]

Originally Posted by HumpDay

Lose tax revenue, lose high paying jobs, and it's just not good in any way shape or form to not only lose a Fortune 500 company but a company like GE which is world renown.

Look at the bright side, it may lower the price of housing in the area...

Might reduce traffic too.

[AtkinsonDan]

Originally Posted by JayCT

This is not true. Massachusetts may be better but Rhode Island's economy is worse. The unemployment rate in Massachusetts is 4.7%, Connecticut's is 5.1% and Rhode Island's is 5.2%. Jay

Macroeconomic health is measured by much more than just the unemployment rate. Besides .1% is really not much of a difference.

[BobNJ1960]

Originally Posted by EUPL

GE Close to Kissing Connecticut & Gov. Malloy Goodbye




GE Close to Kissing Connecticut & Gov. Malloy Goodbye | Fox Business




Malloy should just quit, everyone I speak to hates him.




A big part of the problem facing Malloy in keeping GE at its current location in the state is that GE officials believe he didn’t take Immelt’s threat to leave Connecticut seriously, these people say. A number of other state officials met with Immelt even before Malloy made his initial pitch to the company in the summer, and when he did, Malloy made a crucial error.
In a power-point presentation, Malloy used a photo of a jet engine that was built by a GE competitor, Pratt & Whitney. Immelt pointed out the mistake during the meeting, these people say.
“That incident has set the tone for the rest of the negotiations,” a GE insider tells FOX Business.




Malloy makes all of CT look horrible!

GE will no doubt choose the most deserving state to bring their hq, and much of its hq supply chain to.

[BobNJ1960]

Originally Posted by JayCT

The vultures are circling.

I don't know if Fox Business is the most reliable of sources. It is not like they report the news objectively. Again, nothing has been announced and the report is a lot of speculation. Until a formal announcement is made, you do not know what they will do. Jay

The author and Immelt are decades long friends and business partners.

[BobNJ1960]

Originally Posted by Raider111

Correct, but post 2259 also says August 26th. A couple of "incidences" occurred since that may have changed his mind.

What were they?

[BPt111]

I predict GE will move to Westchester County, New York but Boston area look good to Westchester chances are growing

[JayCT]

Originally Posted by BobNJ1960

The author and Immelt are decades long friends and business partners.

And you know this how??? Jay