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railroads

GE Signs $2.5 Billion Deal to Supply 1,000 Locomotives to India’s Vast Railway Network

November 09, 2015
A recent five-year transportation study found that more than half of the trains running on India’s vast rail network didn’t leave on time. What’s holding them back? A lack of locomotives.
Not surprisingly, late departures lead to frustration for millions of travellers as well as businesses, which rely on trains to ship their goods.

But a multibillion-dollar Letter of Award to GE by the Ministry of Railways could help unclog this bottleneck and significantly boost the Indian rail network’s on-time record.
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Dubai Air Show

Under the Tuscan Sun: The World’s Largest Jet Engine Was Born in Michelangelo’s Backyard

Tomas Kellner
November 09, 2015
The seaside Tuscan town of Massa defies the Italian stereotype of vineyards and sun-soaked hilltops. True, Michelangelo got stone for David from nearby marble quarries, but today Massa is best known for massive machines and heavy-duty engineering. It’s the birthplace of several industrial goliaths, including GE’s latest jet engine, the GE9X.
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Aerospace

Give and Take: How GE Aviation is Profiting from the GE Store

November 05, 2015
GE Aviation, one of GE’s largest and most profitable units, generated $24 billion in revenues in 2014. Talking to investors this week just before the Dubai Air Show, David Joyce, its chief executive, said the powerful mix of GE’s technological breakthroughs and the overall growth in airline traffic is keeping him bullish about GE Aviation’s outlook.
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Alstom

New Power Generation: GE-Alstom Energy Deal Redefines Power Industry in Coming Decades

Tomas Kellner
November 02, 2015
GE completed its acquisition of Alstom’s power and grid business today. The transaction, GE’s largest industrial deal ever, unites two storied businesses with roots stretching to the very dawn of the power industry more than a century ago and to its pioneering founders Thomas Edison and Elihu Thomson.
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Distributed Power

GE Inks $1 Billion in Deals to Help Solve Indonesia’s Electricity Gap, Fix Locomotives

October 26, 2015
GE signed four deals with Indonesia for a variety of critical energy and transport projects, the company said today. GE said the estimated combined value of the transactions exceeded $1 billion.
Three of the agreements will significantly boost power-generation capacity in Southeast Asia's biggest economy. The fourth accord provides maintenance for locomotives.
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Robots

Jim Lawton: When Humans and Robots Work Together

Jim Lawton Chief Product And Marketing Officer At Rethink Robotics
October 20, 2015

How collaborative robotics is accelerating the next industrial revolution.

When you hear about innovative technological advances that are reshaping industries, chances are you aren’t thinking about a factory floor. Not much has changed there since the first industrial robots were deployed in the 1960s — until now.
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GE Announces Synchrony Financial Exchange Offer

October 19, 2015
GE (NYSE: GE) announced today its offer to exchange GE company stock for shares in Synchrony Financial (NYSE: SYF), the largest provider of private label credit cards in the United States.*
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GE

GE’s Third-Quarter Results Highlight Pace of Change, Focus on Industrial Core

October 16, 2015
GE’s third-quarter results, released today, put in focus the rapid change taking place at the company as it races to sell most of its financial businesses and embrace its industrial core and software.
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materials-science

The Odd Couple: Silicon and Carbon Don’t Love Each Other. But When They Iron Out Differences, Their Marriage Can Be Revolutionary

October 14, 2015
Silicon and carbon are reluctant partners. Although the two elements are among the most abundant on Earth, they almost never bond in nature and it takes a lot of heat and pressure in the lab to coax them into working with each other. But when they do stick together and form a material called silicon carbide (SiC), it’s something to see.
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finance

GE Will Sell its Commercial Lending and Leasing Units to Wells Fargo in the Largest Deal to Date

Kathryn Stanek
October 13, 2015
GE’s journey to exit the banking sector and transform itself into the world’s largest digital industrial company crossed a major milestone today when the company announced it signed an agreement to sell financial assets valued at $30 billion to Wells Fargo & Co.
This is the largest deal yet since last April, when GE said it would sell the majority of GE Capital’s holdings.
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