Be INFORMED

Saturday, February 11, 2012

Who Really Takes American’s Jobs Away

   I’ll tell you one thing. It is not all of those illegal aliens who come across the border. It’s Americans who are taking them away.

   Meet some kings of industry:

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GE CEO Jefferey Immelt

General Electric announced it's moving its 115-year-old X-ray business from Waukesha, Wisconsin to Beijing, China.The X-ray business is part of General Electric's GE Healthcare unit, and this move is just part of a broader plan by GE to invest $2 billion in China.

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CEO of Evergreen Solar, Mike El-Hillow

Aided by at least $43 million in assistance from the government of Massachusetts and an innovative solar energy technology, Evergreen Solar emerged in the last three years as the third-largest maker of solar panels in the United States.

But now the company is closing its main American factory,laying off the 800 workers by the end of March and shifting production to a joint venture with a Chinese company in central China.

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Keith Schmid, former CEO of Boston-Power

Boston-Power Inc., which two years ago was passed over in its bid to get $100 million in federal aid to build a lithium-ion battery factory in Auburn, Mass., has followed through on its warning that it could turn to China as a new home.

The Westborough-based company, which had raised almost $200 million in venture funds, has received $125 million in private and government funding from sources in China, and is turning its focus to China for its manufacturing, its headquarters and some of its research and development. About 35 percent of the company’s roughly 110-person staff is expected to be cut in the next week or so.

None of em looks like a Chinese girl on a bicycle, do they? In fact, they're white guys just like YOU.

Sourced from      Triple-B In The Building

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