General Electric has reportedly agreed to pay close to $8 million to settle a portion of five-year-old lawsuit brought by Saratoga County municipalities related to the company’s dredging on the Hudson River.
Federal agencies have sent a letter to General Electric over concerns related to a recent Hudson River cleanup report.
The Federal Hudson River Natural Resource Trustees recently sent a letter to General Electric to, as the group contends, address misinformation and correct the public record on a Hudson River Project Report submitted by the company to the New York State comptroller’s office in late December.
Results of a study requested by New York state comptroller Thomas DiNapoli and released late Friday show no need for General Electric to voluntarily expand dredging that's already under way in a portion of the upper Hudson River contaminated with PCBs.
General Electric says it plans to lay off up to 200 salaried employees at its Schenectady-based Power & Water Division by the end of this year.
According to GE officials, the Fairfield, CT based company is eliminating the white-collar positions to remain competitive. While they wouldn't divulge the exact number of employees to be laid off, 15 hundred workers at the Schenectady steam turbine and generator plant will not be affected.
Close to 200 workers in Fort Edward are facing layoffs after General Electric announced that it is considering a shutdown of an upstate manufacturing facility, unless an otherwise agreement is reached with the union representing employees.
GE Energy Management has announced that it intends to move all manufacturing operations from its Fort Edward plant to a facility in Clearwater, Florida. The move would close the Fort Edward plant, and 198 employees could be affected.