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.
GE deploys OTTO robots at Milwaukee medical manufacturing facility [VIDEO]
Self-driving vehicles transport medical equipment for quick delivery along assembly lines.
California utility launches first hybrid power systems
Energy output is combined between turbines and new 10-megawatt lithium-ion battery storage units.
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.
BWXT to buy Ontario nuclear business from GE Hitachi
Acquisition nearly doubles the US company’s presence in Canada.
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 wooing investors with ‘digital industrial’ vision
Immelt pledges $67 billion to shareholders from a sleeker company.
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 may offshore 500 US jobs as Congress fails to renew Ex Im Bank funding
Foreign companies have used the agency to buy expensive US products when bank loans are not available.
GE selling real estate for $26.5B to focus on industrial business
The company expects its industrial businesses to account for 90% of its earnings by 2018.