Jeff Immelt

Recent Posts

Fight begins over lessons to draw from GE’s departure

Gov. Dannel P. Malloy takes questions about GE at a hastily arranged appearance at Pegasus Manufacturing. At left is the company president, Chris DiPentima.

Connecticut’s political elite raced Wednesday to frame General Electric’s decision to abandon its 1970s-era campus in suburban Fairfield for a new global headquarters in downtown Boston as everything from merely disappointing to politically cataclysmic. Business feared politicians would draw the wrong lessons. Continue Reading →

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No Ex-Im bank, so GE says it may move jobs overseas


WASHINGTON – General Electric announced Tuesday that it may move about 500 U.S. jobs to France, Hungary and China because of Congress’s failure to extend the charter of the Export-Import Bank. It is an issue that could also influence the Connecticut-based company’s search for a new headquarters. Continue Reading →

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