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.

- Advertisement -

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.

- Partner Content -

 

Our CEOs & Business Leaders Golf Outing is August 5!

Our Best of Westchester Party is July 24!

Our Westchester Home Design Awards event is June 26!

Our Wine & Food Festival returns June 4-9!

Our Wunderkinds event takes place on May 23!

Our Best of Business Ballot is open through May 15!

Our Healthcare Heroes Awards event takes place on May 9!

Our Westchester Home Builders Awards take place on April 4!

Our Diversity, Equity & Inclusion Forum is March 14!

Unveiled: A Boutique Bridal Brunch is February 25!

Holiday flash sale ... subscribe and save 50%

Limited time offer. New subscribers only.