5 Companies Bringing Jobs Back to the U.S.

These blue chips are moving manufacturing stateside again

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5 Companies Bringing Jobs Back to the U.S.

General Electric

GeneralElectric 5 Companies Bringing Jobs Back to the U.S.What do you get when you mix General Electric (GE), $1 billion and appliances? A whole lotta reshoring.

GE announced in 2010 plans to invest $1 billion to transform its U.S. appliance business. Since then, it has hired 3,000 employees at Louisville’s legendary Appliance Park — including 2,500 in 2012 alone — thanks to the opening of  two new assembly lines.

Those were the first new lines open in 55 years, and they finally began producing high efficiency frontload washing machines and dryers back in April.

In all, GE has created more than 15,500 jobs in 20 different states since 2009.

As of this writing, Alyssa Oursler did not own a position in any of the aforementioned securities.

Article printed from InvestorPlace Media, http://investorplace.com/2013/07/5-companies-bringing-jobs-back-to-the-u-s/.

©2015 InvestorPlace Media, LLC

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