The sprawling company’s broad reach has left it vulnerable to market shifts in many industries.
The multinational will split its power business into two divisions, one focused on gas and the other on steam, nuclear and other power solutions.
Sales volume at the large engine plant has fallen by 60% over the last four years.
Company says closure will impact fewer than 100 plant workers.
Immelt has led the company’s for 16 years, overseeing a transformation that included selling many of its units.
Self-driving vehicles transport medical equipment for quick delivery along assembly lines.
Facility will be operational in 2018.
Industrial giant expects acquisitions to boost revenue within its 3D printing business to $1 billion by 2020.
The 450,000 square-foot plant will streamline production using data, analytics and software.
Scales back original factory plans and will create fewer jobs in first phase that anticipated.
Country’s investment organization to help develop industry and manufacturing.
A fleet of OTTO self-driving vehicles will automate just-in-time parts delivery within Milwaukee facility.
Announcement follows firm’s threat to leave Connecticut, complaining about the state’s tax environment.
French government says cuts raise questions about the conglomerates pledge to create jobs following its massive Alstom acquisition.
Power and water division officials say the purchase will take advantage of complementary strengths in technology and global capability.