InvestorsHub Logo
Followers 7
Posts 833
Boards Moderated 0
Alias Born 10/06/2010

Re: detailman post# 46854

Monday, 08/22/2011 4:01:10 PM

Monday, August 22, 2011 4:01:10 PM

Post# of 79471
detailman someone posted about GE closing their overseas LED plant, does anyone know why they closed it down, we also have to look at the LED business just like any other business out there, if GE closed down it's for a reason, especially when you don't hear many American Co's that have their plants overseas closing down, remember labor is cheaper so that's why they leave the U.S., my point is, there has to be a reason for GE for closing down plus remember one important thing, these big boys have their politician's lobbying for them.