Tag Archives: GE

GE Whiz

Ongoing changes at General Electric may make one’s head spin Like a jet engine emblazoned with the company’s logo being installed on a 747 aircraft, the ideology, approach, and structure of General Electric Co. remain in a constant spinning motion. Don’t be alarmed if it’s making your head do the same. GE has been in […]

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Dow and Out

GE dropped from Dow Jones Industrial Average after over 100 years General Electric was removed from the Dow Jones Industrial Average June 15. It was replaced by the parent company of the Walgreens chain of pharmacies. General Electric was off and on the average repeatedly in its early years, but had been a fixture since […]

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Holding Down The Fort

Former GE plant site being converted into innovation hub Fort Wayne, Indiana—like other Rust Belt cities during the past decade-plus— appears to be undergoing a renaissance of sorts. In April 2017, EA reported on a major expansion to the existing Alconex magnet wire plant located there. The decision was noteworthy not only because a crucial manufacturing […]

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GE Gives Estimations

Staff cuts, divestment, and more: CEO Flannery announces GE’s new game plan General Electric delivered its expected overhaul Monday, a full makeover for a company with an illustrious history despite wave upon wave of recent tumult. New CEO John Flannery, who was named to the position August 1 in succession of Jeff Immelt and who […]

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Power Move

ABB buys GE’s industrial solutions unit for $2.6 billion Swiss power firm ABB said it will buy General Electric’s industrial solutions unit for $2.6 billion, the companies announced Monday. For ABB, the acquisition targets a number one spot in the electrification market, where it currently competes with Schneider in utilities equipment services and power grid […]

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GE Shake-Up

Immelt out; Flannery in, power and energy units combined General Electric announced Monday that John Flannery, current President and CEO of GE Healthcare, has been named CEO of the company by the GE Board of Directors. The move will be effective August 1, 2017. Jeff Immelt, current Chairman and CEO, will remain Chairman of the […]

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“Coop” Retires

Rotating equipment expert Michael Cooper retires Esteemed engineer and rotating equipment specialist Michael Cooper, most recently a market manager at The Gund Company, retired Thursday. Mr. Cooper has been working with rotating equipment since his days in the U.S. Navy’s Nuclear Submarine engine rooms in 1977. “We are both delighted and disheartened,” Mike Moran, VP of […]

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GE in 3-D

Multi-industrial company purchases additive groups The emerging technology of 3-D printing continues to permeate more traditional manufacturing industries. The latest example of this happened September 6, when GE announced it would acquire two suppliers of metal-based 3-D printing manufacturing equipment for $1.4 billion. Those two companies are Arcam AB, based in Sweden, and SLM Solutions Group […]

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Directly Connected

Don’t Call it a comeback… DC has been here for years, but it’s currently approaching a revival. The variety of electrical current is often viewed as secondary to the longtime dominance of AC (alternating current) in most mainstream applications. But it’s been here, under the radar. Besides being a useful source of wordplay for some journalists’ […]

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STEP Ahead Awards

130 female honorees announced by Manufacturing Institute In manufacturing news, The Manufacturing Institute has announced the 2016 STEP Ahead Award Honorees and Emerging Leaders for women in the manufacturing industry. STEP stands for Science, Technology, Engineering, and Production. Women account for 47 percent of the national workforce, but only 27 percent of the manufacturing quota. Honorees “have […]

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