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07-27-2011, 12:33 PM #1
GE moving X-ray business to China
GE moving X-ray business to China
July 26, 2011|Bloomberg News
General Electric Co.’s health care unit, the world’s biggest maker of medical imaging machines, is moving the headquarters of its 115-year-old X-ray business to Beijing.
“A handful’’ of top managers will move to the Chinese capital and there won’t be any job cuts, said Anne LeGrand, general manager of X-ray for GE Healthcare. The headquarters will move from Wisconsin amid a broader plan to invest about $2 billion across China, including opening six “customer innovation’’ and development centers.
The division should have “double-digit’’ growth rates as the country converts from film and analog to digital X-ray technology, LeGrand said.
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07-27-2011, 12:59 PM #2
GE CEO Jeff Immelt is Obama's jobs czar. I thought he was supposed to create jobs here - not in China.
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07-27-2011, 02:45 PM #3
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Wheres the jobs they got the tax breaks in December lame duck complaining if you drop the Bush tax breaks it would kill job growth they got it pluss tax cuts for the rich.Wheres the jobs.
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