Friday, October 19, 2007

General Electric May Move Operations to Malaysia's Nusajaya

General Electric May Move Operations to Malaysia's Nusajaya
(Bloomberg) -- General Electric Co., the world's second-biggest company by value, may move some of its operations to a township being developed by UEM Land Sdn. in the southern Malaysian state of Johor.

The company is considering building manufacturing plants there, Chief Executive Officer Jeffrey Immelt told reporters in Kuala Lumpur today.

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