
Originally Posted by
JDBoardman
Dave:
I worked for Wyman when the Evil One moved the work to Monterray. GE spent several millions of dollars building a green field machining center to turn CFM and F-series disks and shafts from our raw forgings. I accompanied the mult-axis machining cebnters to Mexico, and I did the first article obn the disks that were machined down there. This came about because PCC was trying to buy Wyman, and would not guarantee GEAE the percentage of cost reductions Neutron Jack and Jeff Imelt demanded.
As far as Iran - the engines on the entire Airbus fleet in Iran are CFM's which are a joint venture between GE and SNECMA (but if you work at Evildale you probably know that already). Every engine that goes on one of those raghead's airliners comes from and through GE. And now we find out that the detonators the KUDS Forces are suppling for IEDs in Iraq come from a GE subsidiary via France, and then Pakistan. Also, GE has been providing Frame 7 Turbine parts for 20+ years for power generatiion in Iran, but you may think what you wish. Jeff Imelt (Jack's hand picked successor) has sold his, and his company's soul to the Anointed One in exchange for preferential treatment and bailout bucks. I hope the stockholders rise up in righteous indignation and throw him and all his cronies out on their collective fannies.
By the way, how has your GE stock done since Jeff took over?
That preferential treatment is green power generation. I see a lot of nacelles for wind turbines from somewhere in Florida going to points unknown on the highway here. Paper on one of them said GE wind systems or something like that.
Phillip McGregor (OFC)
"I am neither a fire arms nor a ballistics expert, but I was a combat infantry officer in the Great War, and I absolutely know that the bullet from an infantry rifle has to be able to shoot through things." General Douglas MacArthur