Electrolux buys GE appliance division, Roper Corporation

LAFAYETTE, GA (WDEF-TV) Electrolux buys General Electric’s appliance division means the fate of Roper Corporation is now in the hands of an international company.

That has residence like Ellie Vaughn feeling uncomfortable.
“I don’t see anything positive from it,” said Vaughn.

The fear is that new ownership could mean, major layoffs or even a shutdown of the LaFayette plant.

Vaughn said if that happened it would bury the city.

“We already have enough unemployment in this community. I fear the future of this community.” Vaughn added.

The Roper Corporation builds ovens and stoves for GE and employs about 1,500 people in the surrounding areas. A number that has changed with layoffs and jobs hires according to the economic development director of Walker County.

“The fate of the company was always in flux,” Economic Development Director, Larry Brooks.

Brooks said Electrolux is being very “tight lipped” about their plans with the plant. But said employers are excited about the new direction.

“They do feel like that it’s going to be a good move for the future operation of Roper Corporation in LaFayette. At least that’s what they’re telling us right now.”

Some reports indicate Electrolux wants to expand more into the American market but by consolidating with another business could possible mean loss of jobs.

That has people in LaFayette watching for Electrolux’s next move.

“We’re going to try to be as positive as we can as we wait news for what this will mean,” said Brooks.

The sale of GE appliance division is not yet complete, they hope to complete the deal in 2015.

Categories: Business, Local News, Walker County

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