Published report: GE to sell its appliance business - WDRB 41 Louisville News

Published report: GE to sell its appliance business

It's unsettling news for 5,000 local General Electric workers - a published report says GE plans to sell its appliance business, hoping to improve its profits.

In a news conference shown live during Fox News @ 11:30, Mayor Jerry Abramson spoke about how this could affect local jobs, especially at Appliance Park.

Mayor Abramson points out that GE has an outstanding workforce and a profitable facility.  He told employees there to keep up the good work and keep making outstanding products.

The mayor also said that if GE's appliance division is sold, the city will be engaged with the new owner to try to keep it in Louisville.  He also said Governor Beshear is keeping an eye on the situation, but everything is speculative until GE announces its game plan.

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