Jump to content

mtlurb

Recommended Posts

  • Administrator

GE Hydro to close Montreal plant in 2008, affecting 450 workers

 

1 hour ago

MONTREAL - The GE Hydro plant in the Montreal suburb of Lachine will close next June, eliminating 450 jobs.

 

The subsidiary of American giant General Electric has made more than half of the Hydro-Quebec turbines installed at the James Bay dams. The plant's activities will end with the completion of these contracts, employees were told.

 

The company said it is restructuring its activities, adding that its hydroelectric division has been losing money.

 

The laid-off workers are mostly welders, machinists and warehouse workers.

 

The closure of the 89-year-old facility is another blow to Montreal's manufacturing sector, which has been struck hard by the appreciation of the Canadian dollar and growing competition from emerging countries, particularly China.

 

At its peak production in the 1970s, GE Hydro employed more than 3,500 workers

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Countup


  • Les dernières mise à jour

    1. 3,935

      Royalmount

    2. 4,008

      Expos de Montréal

    3. 3,935

      Royalmount

    4. 29

      Mairie de Toronto

×
×
  • Create New...