by The Associated Press | Mar 3, 2020 | Commercial & Industrial, CR Daily, Industry News
Jack Welch, who transformed General Electric Co. into a highly profitable multinational conglomerate and parlayed his legendary business acumen into a retirement career as a corporate leadership guru, has died. He was 84.
by The Commercial Record | Oct 12, 2018 | Banking & Lending, CR Daily, Industry News
Mini Rog is Webster Bank of Waterbury’s new senior vice president and director of learning and talent management.
by The Commercial Record | Nov 2, 2016 | Commercial & Industrial, CR Daily, Executive Briefing, Industry News
General Electric’s $200 million permanent headquarters cleared another permitting hurdle as it received final approval from the Boston Planning and Development Agency Tuesday.
by The Associated Press | Aug 10, 2016 | Commercial & Industrial, CR Daily, Executive Briefing, Industry News
General Electric Co. could get more than $5 million in incentives from Rhode Island to build a high-tech office in Providence.
by The Commercial Record | Apr 4, 2016 | Commercial & Industrial, Executive Briefing, Industry News
The real estate arm of Amerco, U-Haul’s parent company, recently announced it has purchased the former General Electric building in Plainville that has sat vacant for approximately seven years. U-Haul Moving & Storage of Pinnacle Rock will operate a full-service...
by Jim Morrison | Feb 18, 2016 | Residential Real Estate
General Electric’s announcement last month that after 42 years, it will be selling its corporate headquarters in Fairfield and moving to Boston by 2018, made a big splash in the news – but economists say the move won’t rend the fabric of Fairfield County. GE announced...
by Steve Adams | Feb 18, 2016 | Commercial
It’s an increasingly familiar quandary in Connecticut commercial real estate circles: how to revive massive office complexes built during the heyday of the suburban migration that are lagging in demand as 21st-century workspaces? General Electric’s 526,000-square-foot...
by Reuters | Jan 15, 2016 | Uncategorized
General Electric Co’s decision to move its corporate headquarters from Connecticut to Boston will boost the city’s efforts to revitalize a once run-down district where mob boss James “Whitey” Bulger carried out some of his most notorious murders. But in Fairfield,...
by Steve Adams | Jan 13, 2016 | Commercial & Industrial, Executive Briefing, Industry News
General Electric is set to announce the relocation of its corporate headquarters to Boston, bringing hundreds of executives from one of the world’s largest manufacturers to a city bristling with high-tech job growth. Boston beat out a host of suitors including New...
by Steve Adams | Dec 10, 2015 | Commercial & Industrial, Executive Briefing, Industry News
General Electric Co. has put Boston on its short list of landing spots for a new global headquarters as a self-imposed year-end deadline to make a decision approaches. The Fairfield-based conglomerate is eyeing sites in the Seaport District for a new headquarters that...
by Reuters | Dec 7, 2015 | Commercial & Industrial, Executive Briefing, Industry News
General Electric on Monday walked away from a $3.3 billion agreement to sell its appliances business to Sweden’s Electrolux, terminating the deal after months of opposition from U.S. antitrust regulators. GE said it would pursue other suitors for its century-old...
by The Commercial Record | Oct 5, 2015 | Industry News
Trian Fund Management is now one of General Electric’s biggest shareholders after the firm led by activist investor Nelson Peltz placed its largest bet to date, about $2.5 billion, as it positions itself to play a role in the transformation of the industrial...
by The Commercial Record | Sep 8, 2015 | Banking & Lending, Industry News
Japanese banks are among bidders for General Electric Co’s local commercial lending and leasing operation, sources told Reuters on Friday. Orix Corp. and the leasing units of Sumitomo Mitsui Financial Group Inc, Mitsubishi UFJ Financial Group Inc. and Sumitomo Mitsui...