Chicago is picking up another corporate headquarters — a good one.
Officials are announcing today that GE Healthcare, a division of the Fairfield, Conn.-based multinational that is in the process of reorganizing itself, will be moving to Chicago from Amersham, near London.
I understand that about 200 jobs are involved with the move of the $18 billion-a-year company, which is the only major subsidiary whose headquarters is located overseas. The company, however says the figure won’t be 200 but something smaller than that, at least initially, but it will comprise the “executive leadership team,” including the CEO and CFO, and may grow over time.
GE Healthcare has deep roots in Chicago and significant operations here and in the Milwaukee area. The original parent company was founded in Chicago in the early part of the last century as a manufacturer of X-ray equipment, eventually moving to Milwaukee because of good access to glassblowers in the beer business.