Report: Officials Pushing For GE Headquarters In Westchester

POLITICO New York report says Westchester officials are working to convince the Fortune 500 company to move its headquarters here.

General Electric may be seeking new headquarters, and Westchester officials would like them to come here, according to a report from POLITICO New York (formely Capital New York).

In Connecticut—where GE is currently based—lawmakers recently made reformations to the state’s corporate tax code that will raise taxes for business. In response, GE is reportedly seeking alternate locations for its headquarters. Officials in Westchester County have taken an active role in encouraging GE to set up shop right here, according to POLITICO New York, citing the potential for increased business and employment opportunities.

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One promising location is Somers, where the Pepsi Bottling Group headquarters was once located, the report notes. It would only be a 30-mile move for GE, however the existing structure contains 9 stories and 540,000 square feet on approximately 200 acres. 

On July 30, Governor Andrew Cuomo paid a visit to GE executives in Fairfield, CT to discuss the incentives that New York might offer. Even more, Somers supervisor Rick Morrissey has made an aggressive effort in pursuing GE, according to POLITICO New York.

Other locations that have been pitched by Westchester County include Yonkers, Armonk, and White Plains.

“If Connecticut is making it harder to do business in their state, we’re more than happy to offer GE some incentives as a town, as a county, as a state,” Morrissey told POLITICO. 

Read the full report from POLITICO New York here.

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