GE will take advantage of a pool of out-of-work engineers and scientists as the auto industry’s U.S. center shrinks and GE seeks to develop more energy-efficient products.
GE to Build Michigan Center, Creating 1,100 Jobs (Update1) - Bloomberg.com
You’ve got to love something like this: GE investing $100 million in a Detroit R&D operation. Perhaps this will stop The Road-like trail of Detroiters fleeing the state. On the other hand, with a 14% (!) unemployment rate, it will take more than one 1,100-person research operation to turn things around.
