The latest General Electric commercial playing on television promotes their financial services segment. The ad shows how a small business owner used GE for his loans and light bulbs.
Speaking of the de-industrialization of America, Tim Carney was on hand for the production of GE’s last-ever incandescent lightbulb in the United States. The shutdown of a plant in Winchester, VA will result in the layoffs of 200 workers.
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It’s yet another example of a company shifting manufacturing jobs overseas, but there’s a twist, because GE is supporting the environmental regulations that are driving incandescent lightbulbs to the deadpool.