Fairfield-based General Electric announced on Tuesday that it plans to send 500 jobs overseas, saying Congress left them no choice when it led the U.S. Export Import Bank authorization expire on July 1. GE has reached an agreement with the French export credit agency to provide a line of credit for global power projects. This line of credit will initially support potential orders in a number of international markets including Indonesia.
via http://patch.com/connecticut/fairfield/ge-send-hundreds-jobs-overseas-0?
Fairfield News: Local news for Fairfield, CT continually updated from thousands of sources monitored by the B Media Network.
Thursday, September 17, 2015
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