Not for long. Last year, General Electric sold its plastics business to a Saudia Arabian company for $11.6 billion. Now the appliance division is on the auction block. 13,000 jobs could be in jeopardy. "This isn't a piece of business at this point that has got much more incremental opportunity for GE,'' said Nicholas Heymann, an analyst at Sterne, Agee & Leach Inc. in New York. That's pinhead for it's just not making enough money for GE. Haier of China might be interested. Not to get off track, but Haier is one of the world's largest suppliers of appliances. It is also a big supporter of the NBA - National Basketball Association and one of its largest retail partners is K Mart. Can you say Holy global economy Batman? Oh sorry, I mean: 你能圣地全球经济蝙蝠？ I don't know about you, but before I did the research for this, I NEVER heard of Haier.
Thursday, May 22, 2008
Trucking for G.E. Louisville KY?
Not for long. Last year, General Electric sold its plastics business to a Saudia Arabian company for $11.6 billion. Now the appliance division is on the auction block. 13,000 jobs could be in jeopardy. "This isn't a piece of business at this point that has got much more incremental opportunity for GE,'' said Nicholas Heymann, an analyst at Sterne, Agee & Leach Inc. in New York. That's pinhead for it's just not making enough money for GE. Haier of China might be interested. Not to get off track, but Haier is one of the world's largest suppliers of appliances. It is also a big supporter of the NBA - National Basketball Association and one of its largest retail partners is K Mart. Can you say Holy global economy Batman? Oh sorry, I mean: 你能圣地全球经济蝙蝠？ I don't know about you, but before I did the research for this, I NEVER heard of Haier.
