- Associated Press - Friday, June 24, 2016

CHATTANOOGA, Tenn. (AP) - GE Power has announced plans to shut the Chattanooga Alstom facilities it recently acquired and lay off most of the workforce.

GE spokeswoman Katie Roberts Jackson told the Chattanooga Times Free-Press (http://bit.ly/28Vi2iV ) earlier this week that the company will close three former Alstom facilities on Riverfront Parkway it bought late last year, eliminating 235 jobs.

GE says it has about 50 Chattanooga employees who will not be affected by the closures.

Jackson says the future of the manufacturing site, including a $300 million plant Alstom opened in 2010 to meet predicted nuclear power demand, is “under review.”

U.S.-based GE completed its $10.6 billion acquisition of the power and transmission division of France-based Alstom last November.


Information from: Chattanooga Times Free Press, http://www.timesfreepress.com



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