General Electric announces departure from Mexico

General Electric Appliances announced a US$3 billion investment to move its production plants out of Mexico.
According to the company, the plan is to relocate its manufacturing to the United States (US), mainly to Kentucky, Georgia, Alabama, Tennessee, and South Carolina, where gas stoves, refrigerators, and water heaters will be manufactured.
This is the second-largest investment in the company's history, which comes amid trade tensions and threats of tariffs by President Donald Trump.
In this regard, experts and media outlets such as ABC News have stated that most of General Electric's production was already taking place in the US.
Kevin Nolan, CEO of General Electric Appliances, said that this strategy focuses on efficient manufacturing close to customers, automation, and modernization of its facilities over the next five years.
In addition, workforce training will be strengthened, creating more than 1,000 jobs for the United States and increasing domestic production.
“With lean manufacturing, improved job skills, and automation, the numbers work for manufacturing in the United States.”
Months ago, General Electric revealed another investment of US$490 million for a complex in Kentucky, where a combined washer/dryer and a line of front-loading washers, which are assembled in China, will be produced.