GE
GE’s sprawling power, aviation, health care arms add risk
The sprawling company’s broad reach has left it vulnerable to market shifts in many industries.
GE slashes dividend, takes US$22B charge in 3Q [UPDATED]
The multinational will split its power business into two divisions, one focused on gas and the other on steam, nuclear and other power solutions.
Peterborough GE plant to stop manufacturing, shedding 358 jobs
Sales volume at the large engine plant has fallen by 60% over the last four years.
GE closing Rochester plant, moving work to China
Company says closure will impact fewer than 100 plant workers.
GE CEO Immelt stepping down, Flannery to take over role
Immelt has led the company’s for 16 years, overseeing a transformation that included selling many of its units.
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GE deploys OTTO robots at Milwaukee medical manufacturing facility [VIDEO]
Self-driving vehicles transport medical equipment for quick delivery along assembly lines.
Lufthansa, GE invest in Polish aircraft engine plant
Facility will be operational in 2018.
GE acquires 3D printing companies for $1.4B to up digital game
Industrial giant expects acquisitions to boost revenue within its 3D printing business to $1 billion by 2020.
GE breaks ground in Welland for new “Brilliant Factory”
The 450,000 square-foot plant will streamline production using data, analytics and software.
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GE Canada to open Welland, Ont. engine factory by 2018
Scales back original factory plans and will create fewer jobs in first phase that anticipated.
GE makes deals worth over $1.4B with Saudi Arabia
Country’s investment organization to help develop industry and manufacturing.
Clearpath provides GE Healthcare repair centre with self-driving vehicles
A fleet of OTTO self-driving vehicles will automate just-in-time parts delivery within Milwaukee facility.
GE to move headquarters to Boston
Announcement follows firm’s threat to leave Connecticut, complaining about the state’s tax environment.
GE cutting up to 6,500 jobs in Europe
French government says cuts raise questions about the conglomerates pledge to create jobs following its massive Alstom acquisition.
GE completes $10.6B acquisition of Alstom’s power division
Power and water division officials say the purchase will take advantage of complementary strengths in technology and global capability.
