Metem: GE, UTC Seek Cost Cuts From Suppliers

(4-traders.com) (FROM THE WALL STREET JOURNAL 12/24/15) By Ted Mann Since the 1970s, General Electric Co. has bought precision-drilled metal components from a small company in New Jersey, a classic example of an industrial company outsourcing its parts-making. Not anymore. GE earlier this month agreed to pay an undisclosed amount to acquire...http://www.4-traders.com/GENERAL-ELECTRIC-COMPANY-4823/news/GE-UTC-Seek-Cost-Cuts-From-Suppliers-21603923/