Re:GE will move headquarters to Boston
by mc32 on Wednesday January 13, 2016 @05:34PM
(#10898155)
That's pennies considering their annual CoGS ecpenses and revenue. It's not nothing, but its unlikely to figure into any pricing.
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Convenient how they managed to get a handout so large it convinced them to move their international headquarters, yet so small it doesn't negatively affect their competition.
Long term strategy, leases, access to workforce, business climate, etc.
The money isn't nothing, but its also not a lot of money considering the size.
It's the equivalent of a sandwich shop selling $1,000,000 in yearly revenue worth of $8 sandwiches getting an $850 break on rent or taxes per year allowing half a penny in savings per sandwich served. Wow that really kills the competition.