Annual Cleaner R&D Grows to $1.4 Billion
Total Energy Savings to Company of $100
Fairfield, Conn., October 21, 2008 - GE today affirmed that, amidst global economic turbulence, revenues from its range of energy efficient and environmentally advantageous products and services will surge 21% to $17 billion in 2008, while GE's annual investment in cleaner research and development will pass $1.4 billion.