http://www.latimes.com/business/la-fi-ge-exim-bank-20150915-story.html
As
a result, GE says 100 jobs from a Houston plant that makes gas turbines
will move to Hungary and China in 2016. The Fairfield, Connecticut,
company says those countries have lending options in place for
customers.
"We do not make today's announcements lightly and in
fact, have done everything in our power to avoid making these moves at
all, but Congress left us no choice when it failed to reauthorize the
Ex-Im Bank this summer," said John Rice, GE's vice chairman.
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