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GE and China move.

Discussion in 'Off Topic Threads' started by Unknown1, Aug 9, 2012.

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  1. Unknown1

    Unknown1 Well-Known Member

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  2. Bucko43

    Bucko43 Well-Known Member

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    GE has been doing business in China for many years now. I have been on two trips to China where GE was escorting myself and others from the company I used to work for. GE was DEMANDING that we put some of our work into China if we wanted to keep their business.

    Dude, they have literally thousands of employees in China. Do a Google search some time and look for "GE operations in China". Be prepared for an eye opening experience.

    All the major aircraft engine manufacturers have plants in China. Pratt Witney, Goodrich, Rolls Royce, they are all there in a big way. So 115 jobs going to China? That is NOTHING compared to what they have already done.

    Kevin
     
  3. daddiooo

    daddiooo TS Supporters TS Supporters

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    Jeffrey Immelt, 56, Chairman of the Board and CEO of GE has moved tons of jobs to China and other 3rd world countries. Remember the good ol' days when he and Obama were touring the GE plants together and thumping their chests about job creation and "green energy developement".....well pal it's over. They took our money and moved jobs offshore. Screwed again by another crooked politician and his suckup business friends.
     
  4. ONEDOLLARBILL

    ONEDOLLARBILL Member

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    Sounds to me like weve been sold out buy both sides nothing Romney hasnt already done for big money
     
  5. dead on 4

    dead on 4 Well-Known Member

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    You guy's still don't get it! The consumer, that's you and me are the one's who drive jobs offshore.

    Our unwillingness to pay higer prices for U.S. manufactured products due to high labor and operating costs forced, I repeat forced and are still forcing manufacturers to countries who have low labor and manufacturing costs. Moving manufacturing offshore or spending huge amounts on automation will reduce costs to meet price levels U.S. consumer are willing to pay. Either way, factory are for ever lost.

    Don't arbitrarily blame Romney GE or anyone for going offshore. While you were sleeping the national became became global.

    Surfer
     
  6. oz

    oz Active Member

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    the one that got my ass was going to BJ's warehouse and seeing a case of American flags for sale with the sticker (made in china) on each flag.
     
  7. bluedevil

    bluedevil Active Member

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    Dead on 4, is spot on, we demand low prices, well low prices and high labor costs don't go together. Come on folks, use some common sense for a change. We sent jobs to China.
     
  8. dead on 4

    dead on 4 Well-Known Member

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    Dale,
    Shareholders demand a strong return on their investments as they should and it's shareholders who help fund growth and investment returns.

    Well run companies will plow a large percentage of their profits back into their companies investing in design, engineering, tooling, marketing and other area's to maintain growth which in turn fuels more growth and profits.

    The death knell to any company is lack of growth. Compaines must grow or die, this is why they are always chasing new markets here and abroad, they must grow.

    Everyone beats up the oil companis, but these people don't look at the big picture because they don't want to see reality. Easy oil extraction has been long gone and it has become more and more difficult to extract a barrel of oil driving costs higher and higher which means we pay more.

    People don't understand how much oil is needed to supply our everyday lives. Did you know if you parked every fuel burning engine in America, cars, trucks, boats, lawn mowers, stationary engines and eveything else we could not self supply our daily petrochemical needs which are derived from oil. Our whole lives revolve around a barrel of oil, just look at what you're wearing, shoes, pants, shirts and see how much petro based products are on your feet and back. In your house on your bed, chair, stoves, ovens roof floor, walls, its endless.

    The oil companies are forced to dig deeper and suck harder and charge more to keep things rolling. Oil companies are just one example of companies who require large profits to sustain growth and stay healthy.

    Don't ever fault a profitable company, they're the reason we have jobs and can afford a computer to exchage opinions and guns to smash targets. If you want to be pissed, be pissed at the banks, like government they are not our friends..............

    Surfer
     
  9. Shoemaker

    Shoemaker Member

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    Everyone keeps refering to cheap labor. Although this if a factor, Meeting enviormental codes and OSHA restrictions to manifacture goods in this country is driving more jobs away than labor. Most of the countries our jobs are going to do not enforce standards that U.S. companies are forced to live up to.
     
  10. Johnny

    Johnny Well-Known Member

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    Regardless of current profit, companies will always seek even higher profit and an ever greater return on investor's money. As labor cost increase in China, companies will move further into the jungles in search of cheaper production.
     
  11. jim brown

    jim brown Well-Known Member

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    Are they going to shoot trap there or is this posted in the wrong category?


    jim brown
     
  12. DecalDude

    DecalDude Active Member

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    I agree with Jim Brown wrong place for this depressing news.
     
  13. bigdogtx

    bigdogtx Well-Known Member

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    onedollarbill,,,,,quite a drive by snip it,,,,,voting for hussein again????
     
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