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September 29, 2015

GE building $265M gas engine plant in Canada

  • GE decided to move its plant from Wisconsin after Congress failed to reauthorize the U.S. Export-Import Bank that finances sales of industrial equipment.

    • WAUKESHA, Wis. (AP) — GE Power & Water said it will stop manufacturing gas engines in Wisconsin and move the work to Canada, meaning the loss of 350 jobs in a Milwaukee suburb, because the U.S. Congress has failed to reauthorize the Export-Import bank.

    The plant in Waukesha, Wisconsin, builds engines for power generation applications. GE said it plans to build a $265 million factory in Canada over the next 20 months, the Milwaukee Journal Sentinel reported.


     
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