Texas Looking to Snag General Electric Headquarters

By Candace Carlisle, Dallas Business Journal

general-electric-energy-01-750xx3667-2063-0-215

It appears Texas Gov. Greg Abbott has thrown the Lone Star state’s hat into the ring as a suitor for the headquarters of Connecticut-based General Electric, according to a report by Hearst Connecticut Media Group.
The news group obtained a one-page letter Abbott reportedly sent to General Electric CEO Jeffrey Immelt promising the company a smaller tax bill and lots of economic incentives.

In the letter, Abbott said he was sure governors throughout the United States were writing similar letters to Immelt after he spoke openly about his displeasure with Connecticut’s proposed $700 million increase in taxes on businesses over the next two years.

Link to Article

About Cliff Bogart

Commercial Real Estate Broker, Commercial RE Instructor, CCIM Instructor, runner, triathlete, movie geek, father and husband.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s