GE to repay Mass. $87M for scaled-back headquarters plan

GENERAL ELECTRIC CO. will reimburse the state of Massachusetts for funds used to develop the manufacturer’s future headquarters, a project that is now being scaled back. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER
GENERAL ELECTRIC CO. will reimburse the state of Massachusetts for funds used to develop the manufacturer’s future headquarters, a project that is now being scaled back. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER
NEW YORK - General Electric Co. will reimburse the state of Massachusetts for funds used to develop the manufacturer’s future headquarters, a project that is now being scaled back under CEO Larry Culp. GE and the state will jointly sell the property in Boston’s Fort Point neighborhood where the company will make its future home,…

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