- Reinaldo Garcia, General Electric's (GE -0.7%) Latin America chief, has suggested the company will go ahead with a planned manufacturing project at the Acu Superport near Rio, WSJ says.
- The status of the project was unclear after Eike Batista unloaded his stake in LLX Logistica, which was building the port itself.
- "The geographic location of the port is still very interesting; it's near where the oil reserves are," Garcia says.
- Ideally, GE would manufacture products at the port that would synch well with the needs of the environment, including "equipment for the oil and gas industry and for the marine industry."
Brazilian port manufacturing facility still on the table for GE
Dec 5 2013, 16:03 ET