Posted September 22, 2011 by

Growing Market Overseas, More Jobs at Home

There have been several stories in the media recently about GE and China. Many of them have distorted the facts about the nature of GE’s business in China and especially the impact of that business on jobs here at home. The truth is that expanding into new markets and selling to more customers—whether in China or any other large, growing international market—means more GE jobs in the U.S., now and in the future.

With $17 billion in U.S. exports in 2010, GE is the nation’s second largest manufacturing exporter. GE makes the world’s most advanced energy, aviation, healthcare and transportation technology, at plants across the U.S., and sells these products all over the world. In the last ten years alone, GE has doubled its exports from the U.S., which has supported American jobs. In the last ten years, revenue from outside of the U.S. has grown from 35 percent of GE’s total in 2001 to a projected 60 percent in 2011, while more than 50% of the company’s industrial workforce remains in the U.S.

To learn more, check out the following story: http://www.gereports.com/ge-and-china-growing-market-overseas-more-jobs-at-home/.

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