The planned announcement tomorrow that General Electric Co. is moving its global headquarters to Boston will have a positive impact on the South Coast. The new headquarters could employ as many as 800 people. Communities around here, with beautiful housing at affordable prices, stand to do well.

GE is moving from Fairfield, Conn., returning to Boston, the launching ground of Thomas Edison's earliest inventions. What started as Edison Electric Light Company turned into General Electric. An appropriate homecoming of sorts that could have economic advantages for this area, especially communities close to the train.

Watch the video down below of Boston Mayor Marty Walsh's interview with WCVB Channel 5 Boston.