GE delays plan to open part of new Boston HQ

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Wed, 09 Aug 2017 - 07:14 GMT

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Wed, 09 Aug 2017 - 07:14 GMT

Logo of General Electric Co. is pictured at the Global Operations Center in San Pedro Garza Garcia
GE-RESULTS/
Logo of General Electric Co. is pictured at the Global Operations Center in San Pedro Garza Garcia - REUTERS

Logo of General Electric Co. is pictured at the Global Operations Center in San Pedro Garza Garcia GE-RESULTS/ Logo of General Electric Co. is pictured at the Global Operations Center in San Pedro Garza Garcia - REUTERS

BOSTON - 9 August 2017: General Electric Co (GE.N) has delayed the completion of its new headquarters building in Boston as new Chief Executive John Flannery looks to curtail costs.

The company had planned to renovate two existing buildings and build a new office tower in Boston due for completion in 2019.

GE said it would continue the renovations, but delay the opening of the new building until 2021.

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