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General Electric

By adamg - 5/27/20 - 12:38 pm

Mr. Magoo for General Electric!

General Electric announced today it's getting out of the light bulb business that helped propel the company back when it was formed in 1889 as the Edison General Electric Co. to bring together various companies started by Thomas Edison, whom you might have heard of. Read more.

By adamg - 2/14/19 - 3:48 pm

WBUR reports on what happens when your company shrinks like spinach in a frying pan. But don't worry, what's left of GE will still call Boston home.

By adamg - 6/26/18 - 8:09 am

Kieran Murphy, the head of GE's health-care services unit, sent the memo to employees at 5:55 a.m.: GE will be spinning off GE Healthcare as its own company and will sell its stake in an oil-services concern. The new $20-billion health-care company, which makes a variety of diagnostic and drug-delivery products for hospitals around the world, will morph into an independent concern over 12 to 18 months.

GE now gets to concentrate on renewable energy, power and aviation products.

By adamg - 10/1/16 - 10:42 am

The Herald quotes City Councilor Michael Flaherty (at large) as saying officials are looking at fulfilling our sacred promise to General Electric for a helipad by building one that floats on the water. But not just some "rinky-dink" crappy little floating thing - something grand and majestic that would be the envy of all of New England, so stick that in your pipe and smoke it, Hartford.

By adamg - 6/24/16 - 12:05 am

General Electric on Thursday filed a letter of intent with the BRA to renovate two existing buildings on Necco Street and build a new 12-story building. Read more.

Ad:
By adamg - 4/7/16 - 1:51 pm

The Boston Business Journal reports some of the incentives the city and state will give GE could go to turn 26 Court Street into an innovation lab aimed at bringing good things to GE through collaboration with local companies and researchers. Read more.

By adamg - 4/4/16 - 4:46 pm
Protesting GE

As GE, city and state officials told reporters about all the wonderful things GE will bring to Boston in a warm room upstairs at 60 State St., about 50 protesters marched outside downstairs to protest everything from the tax breaks GE will get here to the use of its jet engines by Israeli warplanes. Read more.

By adamg - 4/4/16 - 11:29 am

The Boston Business Journal reports General Electric says its philanthropic arm will donate $25 million to BPS over the next five years to get students ready for college and work at a modern high-tech company. The company will donate another $25 million to local workforce-training and health centers.

By adamg - 3/23/16 - 8:20 am

Muckrock reports that when a couple of reporters asked the mayor's office for copies of e-mail between GE and city officials, the mayor's office said it would be more than happy to hand over copies of the roughly 2,500 messages - for $1,746.24.

Because we have a pretty spineless public-records law, Muckrock has launched a crowdsourcing campaign to raise the money to get the e-mails.

By adamg - 1/20/16 - 11:04 pm
Motor Mart helipad

The top of the Motor Mart in Park Square used to be a heliport. Photo by Leslie Jones.

First we learn the city might spend $100 million to fix the old Northern Avenue bridge so GEsters don't have to worry about getting stuck in traffic. Tonight, the Globe reports our local titans of industry can't wait for GE to come to town so we can get us a helipad - one that the state is looking at building as part of the $120 million in infrastructure it promised GE, because what the hell kind of world-class city doesn't have a helipad?

The downtown business community has gone without a public-use helipad for more than 15 years. But that could be about to change. GE’s pending arrival has jump-started the conversation about building one.

They quote some hand servant to the ruling class that "it’s time to consider this as a transportation system amenity."

Wonder if it'll take CharlieCards.

Photo from the BPL posted under this Creative Commons license.

By adamg - 1/20/16 - 12:12 am

Vague talk about doing something about the rusted out old Northern Avenue Bridge one of these years has suddenly become a more focused goal of city officials now that GE is moving to the South Boston Waterfront; the Globe reports officials made fixing the bridge part of their pitch to GE and seem confident they can come up with the money to fix it up.

By adamg - 1/13/16 - 7:17 pm

Good Lord, look what popped up on the twitosphere today (and now we're picturing one last intern who somehow got locked into the Boston 2024 bunker when everybody else left).

Read more.

By adamg - 12/10/15 - 8:40 am

The Globe reports General Electric is considering the South Boston Waterfront as a home for its corporate headquarters.

City and state officials are offering the "property tax relief and tax credits" that have become de rigueur in trying to attract the sorts of companies that will make certain Globe business writers very happy that Boston can finally regain at least one multinational corporate headquarters, because we've apparently been suffering a horrible malaise at our lack of said corporate giants having their leaders regularly ride through our streets in limousines. Or as the Globe puts it, GE moving its executives here would prove "a civic boost" for a saddened region.

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