Tuesday, 12 June 2018

GE Power drops the curtain on Salem manufacturing

GE to close Salem plant GE to close Salem plant

Struggling through a tough year, GE Power has communicated a tentative plan to shut down most of its manufacturing plant in Salem, Virginia, by the end of 2019. GE justified the move with persistent challenges in the power industry and a steep decline in order-wins, the decision helps executives brace for a tough second quarter.

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