General Electric announces new product coming to Appliance Park

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Louisville, Ky. (WHAS11) - GE announced Appliance Park will get a new product - a "hybrid" or energy efficient water heater. The product line will arrive in 2011 and bring with it 400 new jobs.

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A year ago, no one knew the future of Appliance Park, whether it would be sold or spun-off. GE representatives, state and city officials and GE employees hope this new product will secure GE's future in Louisville. Just last week, union workers agreed to a pay freeze and lower hourly rate for new employees in exchange for a new product line and at least 100 new jobs. Workers who spoke with WHAS 11 hope GE keeps up their end of the deal and make sure the product and jobs make it to Appliance Park.