U.S. Made Washers and Dryers

Tweet

Not that it's necessarily anything new, many washers and dryers are already made in the United States, mainly in Louisville, Kentucky. But GE has recently decided to move it's China production to Louisville under a $490 million investment that will create 800 new jobs for Americans. Companies do this, of course, when it makes economic and fiscal sense for them to do this. What was the catalyst? Well, the first part of their statement was they want to achieve a "zero-distance" business strategy to keep production as close to customers as possible. But they ended their statement by saying, "it aligns with the current economic and policy environment." That last statement means two things. They view the U.S. economy as strong and the cost of American labor as viable, all other things considered, and certain policies by the Trump administration are incentivizing manufacturers to rethink where they make things. GE will not be the only American company doing this.