GE Healthcare headquarters to be relocated from United Kingdom to Chicago

CHICAGO -- Officials with GE Healthcare announced Monday, January 11th they have chosen Chicago as the company's global headquarters, effective early 2016.

This move will enable the executive leadership team to be closer to operations in Chicago and Milwaukee, while remaining near an international transportation hub.

Headquarters were previously in Amersham, UK, which remains a major location for GE Healthcare with its global Life Sciences head office and base for UK operations.

“We are excited to strengthen GE’s roots in Chicago, where we will continue our focus on being the leading provider of outcome-based solutions for the healthcare industry.  Chicago has a rich industrial heritage, terrific international transportation links and is close to some of the world’s leading healthcare and academic institutions.   It is also ideally located for many of GE Healthcare’s operations," John Flannery, president and CEO of GE Healthcare said in a statement.

“GE Healthcare’s decision to relocate its global headquarters here is another example of Chicago’s growing strength in healthcare and innovation, and another vote of confidence in Chicago’s economic future. In relocating, GE Healthcare sees several fundamental strengths in Chicago – from our talent to our transportation – that will help them build a great future and remain on the industry’s cutting edge," Chicago Mayor Rahm Emanuel said.

“The relocation of GE Healthcare's global headquarters to Chicago is a tremendous win for the state of Illinois. GE Healthcare will help grow the economy in Illinois by investing in our communities and building Chicago's reputation as a global business hub. GE Healthcare joins a preeminent life sciences industry in Illinois and I am happy to welcome them to their new home," Illinois Governor Bruce Rauner said.

CLICK HERE for more on this story via the Milwaukee Business Journal.