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The advertising industry of Louisville is probably a tad bit concerned with the recent news of GE's plan to auction off it's appliance division. Will it stay or will it go? Nobody is certain yet, but this decision could have quite the effect on some big local accounts.
Paul Coomes, a University of Louisville economist, said the impact of GE's appliance business extends well beyond Appliance Park. Factoring in distribution companies and other regional business, Coomes estimates that about 10,000 are linked to the business.Read the full article from the Courier Journal here.
In a city striving to improve, and pull in big business, this would be a tough loss.
Let's hope things work out.
What effect do you think this will have on the local advertising industry? We
would like to hear your thoughts.
2 Responses to "GE Appliances Ripple Effect"
Ouch, that hurts. I can't imagine that their client base solely consists of GE Appliances. If it does, then they have made a mistake. One client shouldn't make or break your business.
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1. Loki says:
May 16, 2008 1:49 PM
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