Over 150 New York Auctions End Today - Bid Now
Over 1050 Total Lots Up For Auction at Two Locations - MA 04/30, NJ Cleansweep 05/02

GE Healthcare Life Sciences moves to Massachusetts

by Lauren Dubinsky, Senior Reporter | August 21, 2014
Courtesy of GE Healthcare
GE Healthcare Life Sciences announced yesterday that it's planning to open new headquarters for its U.S. operations in Marlborough, Mass. It's a $21 million investment and is scheduled to open next spring.

"Our new facility in Massachusetts will position us for continued innovation and competition in such a fast-paced, innovative industry," Kieran Murphy, president and CEO of GE Healthcare Life Sciences, said in a statement. "We will be close to industry-leading talent, customers, and world-class academic and medical institutions across all the industry sectors we serve, from biotech and pharma, to diagnostics and medical devices."

This will be Life Sciences' first U.S. headquarters — the operations are currently segmented with two sites in New Jersey, manufacturing operations in Westborough, Mass. and their acquisition business, Xcellerex, in Marlborough.

GE chose to build the headquarters in Massachusetts because they believe it's one of the "most dynamic life sciences, pharma and biotech clusters in North America."

When it's completed, the 160,000-square-foot facility will include state-of-the-art labs, customer application facilities and office space. More than 500 Life Sciences employees will be transferred there from its research, bioprocessing, medical imaging, and in vitro diagnostics and services segments.

It will also create over 220 new jobs in the area including lab technician, biologist, medical doctor, process engineer and customer service representative positions.

"Today, Massachusetts' life sciences sectors are the fastest-growing sectors of our economy. We look forward to welcoming the U.S. life sciences headquarters of GE Healthcare and are pleased that the company will create a substantial number of new, STEM-related job opportunities in central Massachusetts," Deval Patrick, governor of Massachusetts, said in a statement.

You Must Be Logged In To Post A Comment