WASHINGTON (Reuters) - General Electric is taking steps to shift some U.S. manufacturing work overseas now that the U.S. Export-Import Bank will be shuttered at least until September, the industrial giant's global operations boss told Reuters on Thursday. GE Vice Chairman John Rice said the conglomerate is bidding on over $10 billion worth of projects that require support from an export credit agency (ECA) like Ex-Im.
Ge May Be Shipping $10 Billion Worth Of Work Overseas
David Lawder, Business Insider
Thu, 07/30/2015 - 5:56pm
Topics: we we washington reuters general electric u.s export-import bank september ge vice chairman john rice ecas canada united kingdom france germany united states rice atlanta june u.s congress republicans boeing co u.s senate house representatives jim mcnerney hong kong congress angola ted cruz now watch reuters ge u.s ge rice ex-im eca china hungary republican houston billion worth work overseas support credit bid told government countries global shift business operations understand require unable effort plants revive financing win moving
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