On Thursday, Shares of General Electric Company (NYSE:GE), lost -0.12% to $25.19.
General Electric Company - Just two years after GE Appliances declared an $88 million investment in new product manufacturing and the addition of 110 jobs at its LaFayette, Ga., cooking products production facility*, it is expanding again. In response to raised consumer purchases of the products made there, the plant will improvement employment on first shift and add a new third shift operation, creating nearly 90 new jobs by the end of the year.
“Consumers are clearly responding favorably to our investment in our cooking products. Sales are growing and, in turn, so are American jobs,” said Paul Surowiec, product general manager, cooking, for GE Appliances. “These new products incorporate quality craftsmanship, the latest technology and great features that are delighting consumers and our retail and builder partners.”
The Roper Corporation facility has been a vital part of the Northwest Georgia community since 1973. It is the largest single-site private employer in Walker County with about 1,750 employees, making GE’s newest line of electric and gas cooktops, freestanding ranges and electric wall ovens.
About GE’s New Cooking Products Made at the LaFayette Plant:
- GE Freestanding Ranges Have the Edge: GE’s new ranges stand out in the crowd. Launched in August, the new gas and electric ranges feature stylish edge-to-edge cooktops to accompany other updates, counting Bluetooth® technology.
- GE Next Gen Induction Cooktops with Smartphone-Inspired Controls: Three GE brands—Café™, Profile™ and Monogram®— have new induction cooktops to satisfy growing consumer interest in induction cooking. The newest induction cooktops serve up groundbreaking new features.
- GE Brings a Restaurant Secret to the Home Chef: GE’s new induction cooktop with Bluetooth-connected sous vide accessory brings restaurant technology and quality home.
- New GE Monogram French Door Wall Oven: The influence of the professional chef on consumers has inspired GE to introduce a new Café and Monogram French door wall oven with cooking features fit for the pros but designed for the home.
General Electric Company operates as an infrastructure and financial services company worldwide. The company’s Power and Water segment offers gas, steam and aeroderivative turbines, nuclear reactors, generators, combined cycle systems, controls, and related services; wind turbines; and water treatment services and equipment. Its Oil and Gas segment provides surface and subsea drilling and production systems, equipment for floating production platforms, compressors, turbines, turboexpanders, reactors, industrial power generation, and auxiliary equipment.
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