Market Currents
The return of manufacturing to the U.S. is just getting started, writes Charles Fishman, telling...
-
Thursday, December 6, 2012, 1:05 PM ETThe return of manufacturing to the U.S. is just getting started, writes Charles Fishman, telling the remarkable story of the rebirth of GE's giant Appliance Park, which employed 23K in 1973 and less than 2K 28 years later. Assembly lines are moving again as GE invests $800M. "I don't do that because I run a charity," says Jeff Immelt. "We can do it here and make more money."
Other date
Latest Macro Articles
This news story has 14 comments:
Thank You! as i am sure America will thank you!
Big mistake. I wish i had my ge washer repaired.
GE should put effort in regaining the appliance business by improving quality.
25 yrs ago , we had ronald Reagon, jonny cash and bob Hope
Now we have Obama , No cash and No hope.
Whirlpool also moved a plant back from Germany to the US as well