Dive Brief:
- GE Healthcare announced it is moving its corporate headquarters from the United Kingdom to Chicago, with an estimated 200 jobs involved with the move.
- The $18-billion a year company has divisions in the Chicago and Milwaukee area and specializes in manufacturing medical equipment including imaging, patient monitoring, and diagnostic machines.
- CEO John Flannery said the reason Chicago was chosen is because it "has a rich industrial heritage, terrific international transportation links, and is close to some of the world's leading healthcare and academic institutions."
Dive Insight:
Crains' Chicago Business said the city offered no financial incentives to bring GE Healthcare there, but whether the state offered any remains unknown.
The company operates radiopharmaceutical manufacturing facilities in Arlington Heights with about 170 employees, and has close to 6,000 employees in Wisconsin, where it has CT and PET factories, as well as manufacturing for its X-ray, Life Care Solutions and Services, and its magnetic resonance businesses.