Tag Archive | "GE"

GE Moving 400 Jobs from China to Kentucky

Monday, December 14, 2009

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GE Moving 400 Jobs from China to Kentucky

General Electric is bringing 400 jobs from China to its Appliance Park in Louisville, Kentucky. The Appliance Park facility will being producing GE’s newest line of smart washers and dryers. Earlier this year GE added 400 jobs in the same location to build new energy efficient water heaters. The washing machines will [...]

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General Electric to Create 400 Kentucky Jobs

Monday, June 1, 2009

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General Electric to Create 400 Kentucky Jobs

General Electric will add 400 jobs at its appliance division in Louisville, Kentucky, by 2011. The company received $17 million in incentives from state and local governments, and roughly $3 million from federal stimulus funds, for the $69 million project. GE will manufacture its new water heaters at the plant, which use about half the energy of [...]

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GE to Cut 60 Jobs in Iowa

Friday, May 29, 2009

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GE to Cut 60 Jobs in Iowa

General Electric will cut 60 jobs from its plant in West Burlington, Iowa, which manufactures low-voltage switchgear. Some of the reductions will come from early retirees. The facility currently employs 313 people. As of the 2000 census, West Burlington had a population of 3,161. The General Electric Company, or GE, is a multinational technology and services conglomerate incorporated [...]

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GE Expects More Credit Losses, Shows 44% Profit Loss In 4th Quarter

Friday, January 23, 2009

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“Overall, we expect both the commercial and the consumer delinquencies to continue to get worse in 2009.” CFO Keith Sherin said. In December the credit giant predicted a write off of $9 billion in bad loans for 2009, but that number is now expected to be at least $10 billion. This comes on the [...]

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