GE Appliances on Thursday said it would spend $490 million to move the production of most of its washing machines from China to Kentucky.
The operation will move to the company’s massive industrial Appliance Park headquarters in Louisville, Kentucky, where it already manufactures washers and dryers. At least 800 new full-time jobs are expected to be created, the company said in a news release.
The news came as President Donald Trump is attempting to lure companies back to the United States by imposing tariffs. He has slapped additional tariffs on China, as well as other countries. GE Appliances is a subsidiary of the Haier company, which is based in China.
This is the result of tariffs. More of this, more cheap energy, more nuke reactors, more trade, more wealth, more freedom, less war or no war, more freedom of speech, more happiness. ABN
American Buddhist Net 