Atlanta out of Running for GE Headquarters

| November 24, 2015

Georgia Business

ATLANTA — According to the AJC, the mega-corporation announced their decision to cross Georgia off their list on Saturday morning. GE, which is based out of Connecticut, had considered the Peach State a top contender for its new base location.

From the AJC’s report:

The Peach State’s sales pitch included GE’s existing infrastructure in Georgia where it employs several thousand people, Atlanta’s globally-connected airport and low tax environment.

…But, while many in the business community were upbeat about Georgia’s chances, state officials started hinting about four weeks ago that getting GE to move its headquarters to the South and buck GE’s more than century-old northeastern roots was a daunting challenge.

State officials with knowledge of the process expect GE to remain somewhere in the northeast, with New York and Connecticut being top contenders.


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