Meeting GE Sourcing. 12th June 2007. Agenda. Presentation Financial results CIEE and Hg Thai Presentation „continuity plan“ of CIEE/HG Thai Discussion about risk for GE and CIEE if Mamo business taken over Advantage of CIEE on Mamo business Conclusion.
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12th June 2007
CIEE gives a copy of financial results to GE
Both companies (CIEE and Hg Thai) are profitable.
CIEE and Hg Thai have already engaged new projects which will contribute to increase sales and profit in 2008.
Sales in Asia are increasing very fast.
Conclusion: The part of GE business will still be 15% if Mamo is taken over.
GE does not have a double-source ....
but a double mono-source
CIEE and GE have both beeen progressing in working together
Why not applying this to Mamo business?
CIEE is willing to commit itself
Question on prices, MOQ, start-up???
Status on samples at M. Corbin