GE Adds $3.8 Billion to #Wisconsin’s Economy
Thirty years ago, Plexus Corp was a new Wisconsin company and GE Healthcare was one of its first customers. Today, Plexus is GE Healthcare’s largest advanced electronics supplier with revenues of $2.3 billion and 9,000 employees around the world. “We were very small, but we grew in parallel,” says Scott Kettler, a general manager for manufacturing at Plexus.
Read more at GE Reports.
How much did they send to China?
Hi Jim,
There have been several stories in the media recently about GE and China. Many of them have distorted the facts about the nature of GE’s business in China and especially the impact of that business on jobs here at home. The truth is that expanding into new markets and selling to more customers—whether in China or any other large, growing international market—means more GE jobs in the U.S., now and in the future.
At the end of July in 2011, GE Healthcare announced it would move 4 executives of the X-Ray Division to China to lead the development of specific products for use in China. Subsequent media reports inaccurately described the announcement – GE is not moving its entire X-Ray Division to China. The team on the ground in China will develop X-Ray products suited to the specific needs of the Chinese market: for example, Chinese hospitals in rural markets require very basic products. This on the ground business development will help support jobs at home.
GE’s overall business in China—across all divisions—will support nearly 4,500 American jobs, including those along GE’s U.S. supply chain.
For more information see http://www.gereports.com/ge-and-china-growing-market-overseas-more-jobs-at-home/