GE Health­care re­lo­cat­ing to Chicago from U.K.

Modern Healthcare - - REGIONAL NEWS - —Greg Hinz, Crain’s Chicago Busi­ness

GE Health­care—a divi­sion of the Fair­field, Conn.-based multi­na­tional com­pany that is in the process of re­or­ga­niz­ing it­self—will move its head­quar­ters to Chicago from Amer­sham, near Lon­don.

As many as 200 jobs are in­volved in the move of the $18 bil­lion-a-year com­pany, which is the only ma­jor GE sub­sidiary with head­quar­ters over­seas. The unit’s par­ent, Gen­eral Elec­tric Co., also an­nounced last week that it plans to move its cor­po­rate head­quar­ters from Fair­field to Bos­ton.

GE Health­care has deep roots in Chicago, with sig­nif­i­cant op­er­a­tions in the metropoli­tan area and Mil­wau­kee. The orig­i­nal par­ent com­pany was founded in Chicago in the early part of the last cen­tury as a man­u­fac­turer of X-ray equip­ment, and even­tu­ally moved to Mil­wau­kee be­cause of the ac­cess it pro­vided to glass­blow­ers through the brew­ery busi­ness.

GE Health­care spe­cial­izes in mak­ing med­i­cal equip­ment, in­clud­ing ma­chin­ery for imag­ing, pa­tient mon­i­tor­ing and di­ag­nos­tics.

John Flan­nery, CEO of GE Health­care, said in a news re­lease an­nounc­ing the move that Chicago was cho­sen for its “rich in­dus­trial her­itage, ter­rific in­ter­na­tional trans­porta­tion links” and its prox­im­ity to “some of the world’s lead­ing health­care and aca­demic in­sti­tu­tions.”

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