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Press Release

The GE Atlanta Veterans Network, The Family Health Centers of Georgia, Inc., and Fulton County Health & Wellness to Host Second Annual Event in Support of Local Veterans

September 08, 2014

Atlanta - September 8, 2014 - The GE Atlanta Veterans Network, The Family Health Centers of Georgia, Inc. (FHCGA), and Fulton County Health & Wellness are organizing an event in support of local veterans to provide them with valuable healthcare, housing and employment opportunities.

With more than 2,000 veterans residing on the streets of Atlanta and an estimated 2,000 additional veterans returning to Georgia from Iraq and Afghanistan, the number of veterans in urgent need of housing and other support continues to increase.

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My Unique Technology Discovery during a Spontaneous Trip

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My Unique Technology Discovery during a Spontaneous Trip

During the Christmas season in 2011 I went on a business trip to Europe. My initial plan was to visit some business sites in Germany and Austria for a technical exchange. However, just as I was about to return to China, I changed my mind after a phone call with a member of our sales team who was in Europe with Yong Mill customers. He mentioned that he was going to visit Arcelor Mittal.

NASA Tests 3-D Printed Engine Components 3-D printing...

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NASA Tests 3-D Printed Engine Components 3-D printing...



NASA Tests 3-D Printed Engine Components

3-D printing isn't just for toys and plastic models of your head. Witness a hot fire of NASA's newest design for rocket engine injectors, 3-D printed to up performance in a way that traditional manufacturing of the parts couldn't attain.

Press Release

West Kendall Baptist Hospital First in the World to Scan Patients with GE's New Revolution CT System

September 08, 2014

MIAMI--West Kendall Baptist Hospital in Miami has announced the purchase and installation of a highly advanced computed tomography (CT) scanner following a six-month evaluation at the hospital -- the clinical trial of the equipment in the United States.

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Press Release

GE and Accenture Announce Breakthrough Industrial Internet Technology for Safer, More Efficient Oil and Gas Pipeline Operations

September 08, 2014
  • Gives customers faster access to critical data, helping them make better decisions to prevent failures and costly downtime
  • Columbia Pipeline Group first customer to implement across 15,000 miles of interstate natural gas pipelines

HOUSTON, Texas -- September 8, 2014 -- GE (NYSE: GE) and Accenture (NYSE: ACN) today announced the launch of the Intelligent Pipeline Solution, the first-ever Industrial Internet offering to help pipeline ope

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Die Cast's 3D Printing Makeover

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Die Cast's 3D Printing Makeover

Die casts are industry's unsung workhorses, giving functional form to a whole host of manufactured goods --- from belt buckles to car engines --- that people largely take for granted.

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Two minutes after a 3,500-ton die cast is shot full of molten metal, a car engine block emerges. The casting process is repeated thousands of times for a single die.

Europe's Ageing Fleet

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Europe's Ageing Fleet

In addition to its work in the healthcare space, GE is well known for its role in the aviation sector, manufacturing and maintaining aircraft engines and systems for some of the world's best known airlines. In aviation, airlines operating an ageing aircraft fleet expect lower fuel efficiency and higher operating costs. Healthcare faces a similar issue according to new data focused on Europe's ageing fleet of medical imaging equipment.

GE Boosts Focus on Growing Industrial Core with Appliances Sale

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GE Boosts Focus on Growing Industrial Core with Appliances Sale

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GE will sell its Appliances business to Sweden’s Electrolux in a strategic move that boosts the focus on the company's core industrial units. The $3.3 billion, all-cash deal follows GE's recent bid to acquire the power and grid businesses of the French industrial giant Alstom.

Press Release

GE Agrees to Sell Appliances Business to Electrolux for $3.3B

September 08, 2014
  • Furthers GE’s strategic focus on infrastructure and technology, and reshaping of portfolio
  • Deal valued at 8.0x EBITDA (last 12 months), gain of $0.05-$0.07 per share at closing
  • Electrolux will continue use of the GE Appliances brand
  • Global reach, quality, innovation make Electrolux the right partner for growth of GE Appliances

FAIRFIELD, Conn - September 8, 2014 - GE [NYSE: GE] announced today it has signed a definitive agreement to sell its Appliances business to Electrolux for $3.3 billion.

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