01.25
From WQCH:
- THE CITY OF LAFAYETTE WANTS TO HELP ROPER LOWER IT’S ELECTRIC BILLS… BUT NOT IN THE WAY THE INDUSTRY HAS REQUESTED. THE ROPER PLANT, OWNED BY G.E. – IS SERVED BY NORTH GEORGIA ELECTRIC MEMBERSHIP CORPORATION… AND SAYS THE LAFAYETTE PLANT HAS AMONG THE HIGHEST ELECTRICITY COSTS OF ANY GENERAL ELECTRIC FACILITY.
- SINCE ROPER IS IN THE CITY OF LAFAYETTE ELECTRIC DEPARTMENT’S TERRITORY, NGEMC HAS TO PAY THE CITY A 4-PERCENT FRANCHISE TAX. IN A RECENT LETTER, ROPER REQUESTED THAT THE CITY DROP THE 4 PERCENT FEE… BUT THE MANUFACTURER APPARENTLY DOES NOT WISH TO SWITCH TO CITY OF LAFAYETTE POWER AT THE PRESENT TIME.
Roper, LaFayette’s largest employer, is struggling to stay solvent and relevant as it battles foreign competition, high material costs, and a souring economy. Roper’s parent company, General Electric, has been shopping the appliance division to several competitors, including China-owned LG, and may eventually close it down entirely if no buyers can be found. In light of all that the company’s leaders are looking for ways to cut costs in any way they possibly can.
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