GE to move turbine jobs to Europe, China after U.S. Export-Import Bank closure

General Electric Co said on Tuesday that it will move 500 U.S. power turbine manufacturing jobs to Europe and China because it can no longer access U.S. Export-Import Bank financing after Congress allowed the agency’s charter to lapse in June.

Read Full at http://www.theglobeandmail.com/report-on-business/international-business/us-business/ge-to-move-turbine-jobs-to-europe-china-after-us-export-import-bank-closure/article26364069/

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