Schertz has had basically one major contract in the past 3 years which has been a complete and total failure. The profit margin which was $150 million is gone as of august last year. The TMS division came in and took over for the DTS team in August 2016. Excellent move, too late. I don't see how this plant will remain operational after2017. The upper and middle management teams don't have a clue. They spend their time building little empires and searching for scapegoats. They are in over their heads.
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that sh-- was cold ge is not closing yet I still weld every day without a problem
I was treated horribly by the mgmt. at GE oil & gas in Shertz, Texas. We all knew, those of us who have some business acumen that this day would come. Vindicated baby! Here's a good equation for people thinking of buying GE stock: GE mgmt. = nincompoops + Liars. Somebody from the SEC needs to investigate these crooks.
Management was NEVER GOOD. what took three years to realize?? Messing with people's lives. Not cool.