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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
Originally posted by shtf2012
reply to post by dolphinfan
Looks like the statement that high taxes on corporations will loose jobs is just a bunch of hot air.
They are going to send them over seas regardless.
I say tax them till they bleed!
...“A handful’’ of top managers will move to the Chinese capital and there won’t be any job cuts....
Originally posted by Glinda
reply to post by Crapspackle
Obama APPOINTED the non corporate tax paying, GE chief executive (Immelt) to his 'elite' Council on Jobs. As in jobs created in...the United States (where under the Obama economy unemployment is hovering at 10 percent--much higher if you count in those 'no longer looking for work.')? Or jobs in 'the world economy?'
Now, if GE DIDN'T own NBC and MSNBC (and thereby taint the media coverage) wouldnt it be quite the story to report...oh wait...the media (like the Obama/Holder Justice Department and National Labor Relations Board) WENT AFTER Boeing when Boeing openned a Dream Liner factory in (right to work state) South Carolina in stead of 'union' friendly Washington state. I guess Boeing would have had NO Obama administration reprisal if they too had moved to China?
The duplicity of this GE China move, on the dime of the US taxpayers (did GE get any TARP monies?) in a time of profound US unemployment coupled with the media 'coziness' of NBC to all things Obama along with Immelt's 'advising' (ie, having the 'ear' or is it teleprompter) of Obama...well...you don't need 'xray' equipment to see what's going on.