Β© 2024 Louisville Public Media

Public Files:
89.3 WFPL Β· 90.5 WUOL-FM Β· 91.9 WFPK

For assistance accessing our public files, please contact info@lpm.org or call 502-814-6500
89.3 WFPL News | 90.5 WUOL Classical 91.9 WFPK Music | KyCIR Investigations
Donate
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
Stream: News Music Classical

Report: GE Will Sell Appliance Business

By Todd Mundt
Published May 15, 2008 at 1:36 PM EDT

There are reports that General Electric Company will sell off its appliance business. The Wall Street Journal quotes unidentified sources, reporting the company has hired Goldman Sachs to auction off the unit. No one at GE or Goldman Sachs would comment.

The appliance business is based in Louisville. There are 5,000 employees at Appliance Park. In a statement to media, Louisville Mayor Jerry Abramson said he's been talking with GE about possible job losses at Appliance Park, but those conversations didn't include the sale of the division.

News

Can we count on your support?

Louisville Public Media depends on donations from members – generous people like you – for the majority of our funding. You can help make the next story possible with a donation of $10 or $20. We'll put your gift to work providing news and music for our diverse community.