Obama: U.S. Cannot Let Auto Workers Unemployed

Obama: U.S. Cannot Let Auto Workers Unemployed

Geely Automobile reported that the US President Barack Obama told workers on August 5th that the U.S. government will continue to assist the automotive industry as an important part of the U.S. economy.

Obama said: "I will not be indifferent to auto companies and auto workers. Without assistance to GM and Chrysler, hundreds of thousands of workers will lose their jobs and cause more serious social problems. Aided car companies are investing in American workers. ."

Obama also announced that Ford will receive a $250 million loan guarantee from the U.S. Export-Import Bank. This guarantee will help Ford get a $3.1 billion revolving credit loan to develop car exports.

Ford was the only American carmaker that did not apply for financial aid from the U.S. government during the economic crisis. Ford plans to export 200,000 cars to Canada and Mexico, including the new Explorer model.

Centrifugal Pump

Centrifugal pumps are used to transport fluids by the conversion of rotational kinetic energy to the hydrodynamic energy of the fluid flow. The rotational energy typically comes from an engine or electric motor. They are a sub-class of dynamic axisymmetric work-absorbing turbomachinery.The fluid enters the pump impeller along or near to the rotating axis and is accelerated by the impeller, flowing radially outward into a diffuser or volute chamber (casing), from which it exits.

Centrifugal Pump,Chemical Centrifugal Pump,Small Centrifugal Water Pump,Stainless Steel Centrifugal Pump

Jiangsu Qiantu Trading Co., Ltd. , https://www.qiantupump.com

Posted on