Wednesday, February 20, 2008

GE's global expansion involves Kazakhstan

Kazakhstan made big news in todays local paper!! What is funny is that I just happened to be wearing my Kazakhstan shirt at work today and only had somewhere around 100 people ask me if I saw the article. From work to the bank and my family everyone was calling asking if I read the news on Kazakhstan. It seems strange to me that some countries seem to have a negative view on adoption but here with just one person adopting from that country so many people now know about Kazakhstan and are hearing about the POSITIVES not just what they watched in Borat. Everyday people ask when we will travel (We hear we're near the top of the list). They are hearing so much from me about Kazakhstan and other families that have adopted from Kaz so many people have taken a genuine interest. I can't wait to travel not only to meet our daughter but to see the sights and culture and to meet the people. I traveled all over the world while in the Navy and this is the one thing I enjoy the most. Kazakhstan is so rich in history and natural beauty I really hope to travel soon so we can see Kaz in full bloom come spring time and I'd really love to spend a night in a yurt!! Well here's the article:
GE's global expansion
Kazakhstan company on course to churn out 300 Evolution locomotives

Plans remain on track for Kazakhstan's state-owned railway to begin assembling GE Evolution locomotives by mid-2009.

In September 2006, Erie-based GE Transportation announced a $650 million contract to supply 310 locomotives to the Kazakhstan National Railway known as Temir Zholy. Railroad officials told Reuters news service earlier this week that the deal is moving ahead.

The deal, which at the time represented GE's largest ever order for locomotives delivered outside North America, called for the first 10 locomotives to be built at the Lawrence Park plant.

According to the deal, most of the remaining 300 units would be assembled at a new state-owned plant in Kazakhstan, using engines built in Grove City and numerous key components made in Erie.

According to the Reuters report Tuesday, Temir Zholy will finish construction of a $125 million plant by the middle of 2009 and will invest more than $600 million in production equipment.


Stephan Koller, GE Transportation spokesman, confirmed that information was correct, but said he was caught off guard by the report and its timing.

"There is literally nothing new in the entire piece," Koller said. "I don't know who on the other end issued it and why."

He did stress, however, that the contract represents good news for GE Transportation and its employees in Pennsylvania who will produce many of the vital components.

"The agreement showcases how GE Transportation capitalizes on growth opportunities worldwide," he said.

Now if I can just get a job at GE and have them pay for our travel cost ;-)

"Small opportunities are often the beginning of great enterprises".
Demmosthenes

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