General Electric, which already has significant interests in Brazil, plans to invest an additional $118 million in the South American nation this year.
GE's plans include an building a Research and Development center that will serve all of Latin America, $50 million on a medical and diagnostic equipment factory in the state of Minas Gerais, a $35 million on an airplane engine maintenance plant in the capital Rio de Janeiro, a $12 million locomotive factory, and a $21 million deep-sea oil equipment plant.
Feb 9 · 2:36:00 PM · Source: Energy Boom
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by Michael Oliveto
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