GE Healthcare will establish a new US headquarters for its life sciences division in Massachusetts, in a move that could bring hundreds of jobs to the state.
The company declined to provide details, including where the headquarters will be located in Massachusetts.
The unit is based in Piscataway, N.J., where it employs about 400 people. It is unclear how many of those jobs will come to Massachusetts, but GE issued a notice to New Jersey government officials that 218 positions in Piscataway will be affected by the move, beginning Jan. 1.
“Once completed, the new US Life Sciences headquarters will create a significant number of new jobs and economic activity in Massachusetts,” GE Healthcare spokesman Benjamin Fox said Wednesday.
GE Healthcare Life Sciences is a $3.7 billion division of multinational conglomerate General Electric Co. of Fairfield, Conn. The life sciences division provides technologies and services for the discovery and development of drugs.
The relocation of GE’s life sciences division is no accident, said Susan Windham-Bannister, chief executive of the Massachusetts Life Sciences Center.
GE’s decision comes after other big international life sciences companies, including Novartis and Pfizer, have expanded operations in Massachusetts in recent years.
“We’re seeing the big players are very persuaded,” Windham-Bannister said. “They’re feeling as if Massachusetts is the place where they need to invest more.”Priyanka Dayal McCluskey can be reached at firstname.lastname@example.org. Follow her on Twitter @priyanka_dayal.