GE to shift work, jobs to Fort Worth locomotive plant from Pennsylvania

Apr 9, 2013 | Posted by: roboblogger | Full story: Star-Telegram.com

General Electric plans to shift more work and jobs from its century-old locomotive plant in Pennsylvania to a new plant in far north Fort Worth, a top executive said Tuesday.

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ex- dead end job employee

Uniontown, OH

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#1
Apr 10, 2013
 

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I new that was coming . now you 30$ guys will know what it feels like to be a "d" rate . your work is going to a new g.e. low low pay plant . just the start to move a 2nd tier rate into pa plant. welcome to g e America....
Barry Grossboy

Mansfield, OH

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#2
Apr 10, 2013
 
Good ridance to all these GE zombies. Vote for Barry!!
Withheld

Erie, PA

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#3
Apr 10, 2013
 

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I hear that Texas has great weather this time of year.
Jack Welch

Mansfield, OH

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#4
Apr 10, 2013
 
Should have gotten rid of Erie Plant when I was in charge. Congrats Simonelli, job well done. Now try to focus on how to get those retirement benefits erased.
TaxNoMore

Los Angeles, CA

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#5
Apr 10, 2013
 
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Many states impose state corporate income taxes at rates above the national average of 6.6 percent.

Iowa, for example, imposes the highest corporate tax rate of 12 percent,

followed by Pennsylvania's 9.99 percent rate

and Minnesota's 9.8 percent rate.

When added to the federal rate, these states tax their businesses at rates far in excess of all other OECD countries.

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See why here:

http://taxfoundation.org/article/us-states-le...

Go to table 1

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Table 1

Comparing U.S. State Corporate Taxes to the OECD
OECD Overall Rank

Country/State

Federal Rate Adjusted

Top State Corporate Tax Rate

Combined Federal and State Rate (Adjusted)(a)

Iowa
35
12
..........41.6


Pennsylvania
35
9.99
..........41.5


Minnesota
35
9.8
..........41.4

*Texas
35
1.6
..........36.0

*Michigan, Texas and Washington have gross receipts taxes rather than traditional corporate income taxes.

For comparison purposes, we converted the gross receipts taxes into an effective CIT rate.

See footnote 2 for methodology
LeeeeeeeeRoy

Huron, OH

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#6
Apr 10, 2013
 
more is better ? right ??
TaxNoMore

Los Angeles, CA

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#7
Apr 10, 2013
 
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Rather than continuing to fight the United Auto Workers,

Caterpillar chose to make itself less vulnerable to the traditional bargaining tactics of organized labor.

One way Caterpillar achieved its goal was by outsourcing much of Caterpillar's parts production and warehouse work to outside firms.

In another move, according to United Auto Workers union officials and industry analysts,

Caterpillar began to execute a

"southern strategy".[106]

The "southern strategy" involved opening new,

small plants,

termed "focus facilities",

in right-to-work states.

Caterpillar opened these new, smaller facilities in

Clayton and Sanford, North Carolina;

Greenville, South Carolina;

Corinth, Mississippi;

Dyersburg, Tennessee;

Griffin and LaGrange, Georgia;

Seguin, Texas;

and North Little Rock, Arkansas.

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How about the union thugs pricing themselves out of a job?
ex- dead end job employee

Akron, OH

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#8
Apr 10, 2013
 

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just the start . next pa will be forced to vote on a 2nd tier rate for new workers. in lighting they called it job preservation ... just wait and see.
LeeeeeeeeRoy

Huron, OH

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#9
Apr 10, 2013
 
The ripple effect to eerie will soon become a cyclonic effect....like a flushing toilet
here we go again

United States

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#11
Apr 10, 2013
 
ex- dead end job employee wrote:
just the start . next pa will be forced to vote on a 2nd tier rate for new workers. in lighting they called it job preservation ... just wait and see.
More like self preservation at some lighting plants all the older ones wanted the younger ones out so they could get plant closing benefits see and hear the same thing at Erie
ex- dead end job employee

Akron, OH

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#12
Apr 10, 2013
 
here we go again wrote:
<quoted text> More like self preservation at some lighting plants all the older ones wanted the younger ones out so they could get plant closing benefits see and hear the same thing at Erie
you got it . protect themselves . know its falling into every division of g.e. 2 tier . erie is next . watch and see . there going to reopen there contract out of scare tactics. they will threaten to send more to texas if they do not negotiate .
Jack Welch

Mansfield, OH

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#13
Apr 10, 2013
 

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ex- dead end job employee wrote:
<quoted text> you got it . protect themselves . know its falling into every division of g.e. 2 tier . erie is next . watch and see . there going to reopen there contract out of scare tactics. they will threaten to send more to texas if they do not negotiate .
Texas will get it all very soon regardless of Contract.
Zugzwang

Titusville, PA

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#14
Apr 10, 2013
 
TaxNoMore wrote:
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Rather than continuing to fight the United Auto Workers,
Caterpillar chose to make itself less vulnerable to the traditional bargaining tactics of organized labor.
One way Caterpillar achieved its goal was by outsourcing much of Caterpillar's parts production and warehouse work to outside firms.
In another move, according to United Auto Workers union officials and industry analysts,
Caterpillar began to execute a
"southern strategy".[106]
The "southern strategy" involved opening new,
small plants,
termed "focus facilities",
in right-to-work states.
Caterpillar opened these new, smaller facilities in
Clayton and Sanford, North Carolina;
Greenville, South Carolina;
Corinth, Mississippi;
Dyersburg, Tennessee;
Griffin and LaGrange, Georgia;
Seguin, Texas;
and North Little Rock, Arkansas.
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How about the union thugs pricing themselves out of a job?
How about you putting a loaded pistol pointed under your chin and pulling the trigger?
ex- dead end job employee

Akron, OH

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#15
Apr 11, 2013
 
Jack Welch wrote:
<quoted text>
Texas will get it all very soon regardless of Contract.
I don't beleave they will get it all . I do beleave they will make pa vote on a 2nd tier . this is exactly what they did in lighting in 2005. greed is all it is
BravoGE

Erie, PA

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#16
Apr 11, 2013
 
Zugzwang wrote:
<quoted text>How about you putting a loaded pistol pointed under your chin and pulling the trigger?
Awwwwww, are you having your monthly visit from Aunt Flow, buttercup? May I suggest some Midol.
Zugzwang

Titusville, PA

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#17
Apr 11, 2013
 

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BravoGE wrote:
<quoted text>
Awwwwww, are you having your monthly visit from Aunt Flow, buttercup? May I suggest some Midol.
Sorry there dipsy but I don't work at GE:-D I am Union though and support ALL Union brothers and sisters. You sound like a typical boss who failed upwards but managed to control your gag reflex so you still have employment.
Whether I am right about that or not, you can be sure that the only visit from Aunt Flow that I deal with is the mother/daughter combination supplied by your wife and oldest daughter. Their periods are in sync!
TaxNoMore

Los Angeles, CA

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#18
Apr 11, 2013
 
Zugzwang wrote:
<quoted text>How about you putting a loaded pistol pointed under your chin and pulling the trigger?
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They're waiting for a train to arrive in Beijing.

Officials from Erie-based GE Transportation held a joint press conference Thursday with officials from the Chinese Ministry of Rail to announce the impending arrival of the first of 300 locomotives.

The Chinese government placed the $450 million order in 2005.

The locomotive,

which was loaded on a ship in the Port of Philadelphia,

is one of just two that will be shipped whole and fully assembled.

The remaining 298 locomotives will be shipped as kits,

with the Chinese contributing more parts as the process moves along.

..........

How about you putting a loaded pistol under your chin and pulling the trigger?
TaxNoMore

Los Angeles, CA

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#19
Apr 11, 2013
 
Zugzwang wrote:
<quoted text>How about you putting a loaded pistol pointed under your chin and pulling the trigger?
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"DUMP THE DEADWOOD"

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General Electric Co. plans to cut 950 jobs at a Pennsylvania locomotive plant,

wiping out most of the site's recent employment growth,

as it shifts some production to a lower-cost Texas factory.

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General Electric Given “Buy” Rating at TheStreet (GE)

April 11th, 2013

General Electric (NYSE: GE)'s stock had its "buy" rating restated by analysts at TheStreet in a research report issued to clients and investors on Thursday, Stock Ratings Network reports.

The analysts wrote,

"General Electric (GE) has been reiterated by TheStreet Ratings as a buy with a ratings score of B.

The company's strengths can be seen in multiple areas,

such as its solid stock price performance,

growth in earnings per share,

increase in net income,

revenue growth and good cash flow from operations.

We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."

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How about you putting a loaded pistol under your chin and pulling the trigger?
TaxNoMore

Los Angeles, CA

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#20
Apr 11, 2013
 
Zugzwang wrote:
<quoted text>How about you putting a loaded pistol pointed under your chin and pulling the trigger?
..........

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General Electric Co. plans to cut 950 jobs at a Pennsylvania locomotive plant,

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growth in earnings per share,

increase in net income,

revenue growth and good cash flow from operations.

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General Electric (NYSE: GE)'s stock had its "buy" rating restated by analysts at TheStreet in a research report issued to clients and investors on Thursday, Stock Ratings Network reports.

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How about you putting a loaded pistol under your chin and pulling the trigger?
TaxNoMore

Los Angeles, CA

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#21
Apr 11, 2013
 
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My, who will pay for all those overpaid lazy cops, mattress fire-people, donut eating pot hole fillers, and worthless teachers.

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Maybe someone should "reassess" their criminal wages and benefits.

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