When reading up on the new manufacturing projects G.E. had just announced in Schenectady and Louisville, we find the news release, “GE Breaks Ground on New Power Technology Center in Russia’s Kaluga Region; Planned Investments to Total $50 Million“:
MOSCOW–05 August 2009– GE Energy today held a groundbreaking ceremony to announce the start of construction for GE’s new Power Technology Center in the Kaluga Region of Russia, 180 kilometers southwest of Moscow. The technology center further expands GE’s in-country capabilities to deliver its products and services to customers across Russia and the Commonwealth of Independent States (CIS) that are pushing to modernize their energy assets.
“General Electric’s project in the Kaluga region is further proof of the fact that foreign business and regional authorities are able to work constructively and productively in modern Russia. The project is significant for us as an example of effective cooperation in the high-tech sphere,” said Anatoly Dmitrievich Artamonov, governor of the Kaluga Region.
So it’s not an either or proposition, U.S. versus overseas.
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