I want to kick off today's economic update with a game changing announcement that came out yesterday afternoon. Just yesterday we celebrated a $1 billion investment from GE Appliances and the IUE CWA. This announcement establishes Louisville's Appliance park as the single largest home appliance manufacturing site in the United States. That's right, it is in the Commonwealth of Kentucky. As part of the investment, GE Appliances will invest more than $400 million to transform Building 5 into a high output manufacturing operation for dryers. (00:58–01:07)
CLAIM
Asserts that Louisville's Appliance park is the largest home appliance manufacturing site in the U.S.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.