Tag Archives: General Electric

ABB’s U.S. Electrification Business Under New Leadership

Maryrose Sylvester, a former GE executive and software specialist, takes over ABB’s U.S. business has a new chief. The Zurich-based industrial-tech conglomerate appointed Maryrose Sylvester, an industrial and software specialist and former General Electric executive, to the positions of United States country managing director and U.S. head of electrification business. Sylvester will replace company veteran […]

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Can CPP Rollback Bring Coal Back?

EPA officially nixes CPP…and other news in utilities, renewable energy The Environmental Protection Agency, a branch designed to protect the natural human and animal habitats of Earth, has completed one of the more controversial moves in its history. The EPA finalized the rollback of the Clean Power Plan on June 19th. In replacement, the agency […]

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Business Briefs Galore

Boeing/GE/Amazon deal, Schneider Electric, PG&E’s future, and more So a struggling industrial giant, a 747, and Jeff Bezos all walk in to a bar… I tend to agree with Al Root’s assessment of this mega-deal. It sounds like a cheesy joke, and it could only happen in Paris. General Electric, Boeing, and Amazon struck a […]

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GE/Wabtec Drama

GE sells BioPharma life sciences unit; merges transpo with Wabtec General Electric is showing resilience yet again. The iconic company made serious noise with the assets sale of BioPharma, its life sciences unit, to Danaher for $21.4 billion on Monday, and then inked a merger of its transportation sector with Wabtec on Tuesday. Equally moving […]

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Blackstone Forms Repair Division

BHGE subsidiary continues to expand in 2018 It’s been a while since a Canadian company has graced this newsletter. It just so happens this one is a familiar name; one that’s been here before. Blackstone Industrial Services, the Alberta-based rotating equipment services company, has expanded its role in support of its customers and BHGE for […]

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ICC Allies With Cortela

Easier access to GE motor parts for Australia, SE Asia Tennessee’s finest is heading “Outback”. ICC International and Cortela Carbon just announced a new alliance that will give Australia and Southeast Asia vastly improved access to commutators and General Electric motors and parts in the industrial space. As the OEM supplier of commutators to GE […]

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Generally Energy

GE unloads $1B energy assets portfolio to Apollo The changes continue at General Electric, and there appears to be no end in sight. It seems like we alternate every other week reporting something major from the once-revered, now-questionable industrial giant. This week’s portion: energy assets. One billion dollars worth of which were unloaded as GE […]

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GE: Flannery Out; Culp In

30-year GE man lasts merely one year in precarious top spot Welp, that was quick. John Flannery lasted merely one year at the helm of General Electric Co., replaced yesterday by H. Lawrence Culp, Jr., as the embattled company’s CEO. Culp is a GE board member and the former chief of the Danaher Corporation, a […]

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GE: Trust The Process

Despite headlines, it’s not all bad for General Electric You might have seen that General Electric just laid off over 200 workers from its GE Power branch in Schenectady, NY. Perhaps you noticed July 30, when GE Digital, a promising standalone cousin created in 2015, announced it would be selling off its assets. Possibly you’ve […]

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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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