GE's Chairman, Obama's job Czar, to send jobs to China!

[Ardent Listener]

General Electric is planning to move its 115-year-old X-ray division from Waukesha, Wis. to Beijing. In addition to moving the headquarters, the company will invest $2 billion in China and train more than 65 engineers and create six research centers. This is the same GE that made $5.1 billion in the United States last year, but paid no taxes ... the same company that employs more people overseas than it does in the United States.

So let me get this straight. President Obama appointed GE Chairman Jeff Immelt to head his commission on job creation (job czar). Immelt is supposed to help create jobs. I guess the President forgot to tell him in which country he was supposed to be creating those jobs. If this doesn't show you the total lack of leadership of this President, I don't know what does. Please pass this information to others and think about it before you buy a GE product or vote.

[Ardent Listener]

Craig Noce In July 2011, General Electric Co. (GE) announced that it was moving its X-ray business headquarters, consisting of four executives, from Waukesha, Wisconsin, to Beijing, China, a move intended "in part at helping develop more medical equipment specifically for the Chinese market." The company said it did not expect the move to result in any job losses among the 120 employees currently employed at the General Electric X-ray unit based in Waukesha:
General Electric Co. said it is moving its X-ray business headquarters to China to accelerate sales in the country's fast-growing health-care market, the latest sign of China's growing importance to the giant U.S. conglomerate.

The X-ray unit will be the company's first business to be based in China.

The business has already begun the move — which includes the unit's chief executive and three other members of its executive team — and expects to complete the process by year end, said Anne LeGrand, vice president and general manager of GE Healthcare Global X-Ray. The senior leadership team's move to Beijing is aimed in part at helping develop more medical equipment specifically for the Chinese market, Ms. LeGrand told a news briefing Monday.

GE said it doesn't expect the move to result in any job losses in the U.S., where the unit has been based in Waukesha, Wis. The Wisconsin X-ray division has 120 employees. The company also said it is too early to say how many employees it will hire for the unit's new Beijing headquarters.

"As the company grows more global, it's increasingly important for us to become close to our customers," Ms. LeGrand said, adding that she expects 20% to 25% of GE Healthcare's X-ray products to be developed in China during the next three to five years for sale around the world.

As China's market has boomed for a range of products, a small but growing number of companies have moved senior executives to the country or sent them for extended stints. Intel Corp. in May said Sean Maloney, one of its best-known senior executives, would move to China from Silicon Valley to oversee the chip giant's operations here. Bayer AG unit Bayer Healthcare moved its general medicine headquarters from Germany to Beijing in March, and Starwood Hotels & Resorts Worldwide Inc. of the U.S. temporarily moved its headquarters to Shanghai for five weeks starting last month.

GE has long placed high hopes on China, with CEO Jeffrey Immelt in 2008 calling it the company's "second home market." In January, the company finalized a deal with state-owned Aviation Industry Corp. of China to inject much of GE's civilian avionics business into a 50-50 joint venture based in China.
General Electric CEO Jeffrey Immelt is the chair of the 26-member Jobs and Competitiveness Council appointed by President Barack Obama in January 2011.
11 minutes ago · Like

[reddirtcoins]

....doesn't expect the move to result in any job losses in the U.S."

Ye.. Right.!@!....

[Beau]

.
Old Bummer and all his Czar`s all are nothing but fools.
what a joke the are, vote them out.
Don`t buy anything General Electric, that will teach them to move to China.
if you need an E-xray ask for an American made machine.
if you need a car walk before you spend your money on a Chinese car and then you are broke and walking anyway.
China is junk headquarters, with slant eyed CEO s, that can`t see straight, so how can they make anything but junk. OH that is right we are going to train them, good luck with that.

Let GE know that other companies are moving back to the good old USA, are they really ? or is that Election talk.


.

[sparechange]

It seems that GM may be even a worse offender. They took bailout money and built a factory in China. I can only imagine the quality product we'll see from that venture.

[slickeast]

GE - get exported

[slickeast]

GM - Growing Mianyang

[fb101]

Actually it will be unique.
An x-ray machine with the lead to shield you from the x-rays built in.

[Ardent Listener]

.
Old Bummer and all his Czar`s all are nothing but fools.
what a joke the are, vote them out.
Don`t buy anything General Electric, that will teach them to move to China.
if you need an E-xray ask for an American made machine.
if you need a car walk before you spend your money on a Chinese car and then you are broke and walking anyway.
China is junk headquarters, with slant eyed CEO s, that can`t see straight, so how can they make anything but junk. OH that is right we are going to train them, good luck with that.

Let GE know that other companies are moving back to the good old USA, are they really ? or is that Election talk.


.

The shape of a person's eyes really has nothing to do with any of this.