This could make the Georgia GOP’s split over the Export-Import Bank a little more interesting.
General Electric CEO Jeff Immelt. AP Photo.
Bloomberg reported over the weekend that General Electric took Dallas off its corporate relocation list because some Texas legislators are opposed to the controversial government-backed bank, which helps finance foreign countries to buy American exports.
Recall that Sen. Johnny Isakson favored bringing back the bank after its charter expired in June, while Sen. David Perdue was opposed. Also recall that Georgia began lobbying for the company’s headquarters three months ago, after GE chief executive Jeffrey Immelt made public his desire to leave Connecticut over a new tax increase.
The relocation talk has (largely) gone underground since, and some recruiters fear another Boeing scenario. Georgia and a flock of other states offered the company incentives for its 777X plant in late 2013, entering a bidding war that the aircraft giant used to leverage a more enticing offer from its home state of Washington.
In the meantime, local developers are salivating over what landing the mega-corporation would mean for the city. Witness:
Pining for GE headquarters, two Atlanta developers imagine what the tower would look like here. #gapol http://pic.twitter.com/y8Lc0qj6FB
— Greg Bluestein (@bluestein) August 27, 2015
(A version of this post ran earlier in the morning jolt.)
from lloydcurry1 http://ift.tt/1NY17Kj
No comments:
Post a Comment