Area Development
The GE Energy Motors and Controls plant in Owensboro, Kentucky is set to close, Business First of Louisville reports. The facility employs 88 people and produces industrial alternating current three-phase induction motors. GE will move the plant's work to a facility in Monterrey, Mexico.

"The Owensboro facility has been operating in a highly competitive market with considerable price pressure over the last several years," Kathey Pace, human resources manager, wrote in a letter to the Kentucky Office of Employment and Training in Frankfort. "The strained economy further deteriorated our 2009 sales to unprecedented levels."

The plant will close on or after October 30.