ATLANTA — Mayor Kasim Reed says city and state officials are willing to roll out the red carpet in the form of tax breaks for the coveted General Electric headquarters.
In an interview with Bloomberg News posted Thursday, Reed said Atlanta and Georgia leaders will offer “whatever is reasonable to get it done,” if given the chance.
Georgia is among the states courting the Connecticut-based industrial giant since it announced plans to review relocation options following a tax dispute with state officials there. Jeffrey Immelt, GE’s CEO, first expressed interest in potentially leaving Connecticut earlier this year over lawmakers’ plans to raise taxes to plug a budget hole.
Gov. Nathan Deal and Reed have traveled to New York to pitch GE executives. The number of jobs it could potentially bring isn’t known, though the company has about 800 workers at its Fairfield campus. GE is expected to announce its decision by the end of the year.
State and city officials have stepped up efforts to lure the country’s most prominent companies to the area. Recent wins include home builder Pulte Group, which relocated from Michigan to Buckhead, and Mercedes-Benz USA, which left New Jersey with plans to build its new headquarters in Sandy Springs.
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