New Initiative Employs over 100 Global Experts to Pinpoint Customer Needs, Delivers Cleaner, Smarter and More Efficient Energy Solutions
PLAINVILLE, CONN.---March 17, 2011---To help lead the future of electrification, GE's (NYSE: GE) Energy Industrial Solutions division launched its newest growth initiative, Energy Optimization Specialists, to help drive energy efficiency, increase productivity and improve safety in key industrial applications around the world.
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LINCOLN, UNITED KINGDOM---March 16, 2011---GE (NYSE: GE) announced today that it is expanding its global presence with the opening of a new US$3 million aeroderivative gas turbine service center in Lincoln, United Kingdom. GE's 17th aeroderivative gas turbine service center consolidates two sites in the United Kingdom and adds infrastructure and capabilities to support GE's current and new onshore and offshore customers in the United Kingdom and Africa.
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WEST LEBANON, NH -- New Hampshire-based company SustainX has received $14.4 million from GE Energy Financial Services, a unit of GE (NYSE: GE), and other investors to continue developing its technology for energy storage using compressed air. Through the GE Ecomagination Challenge's "Powering the Grid" program, in which SustainX is a partner, GE Energy Financial Services joins Cadent Energy Partners and prior investors Polaris Ventures and Rockport Capital in the new round of venture financing.
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Fairfield, CT -- March 15, 2011 -- GE Home & Business Solutions today announced that Jody Markopoulos has been named president and CEO of GE Intelligent Platforms, a global provider of software, hardware, and services. Markopoulos, who will report to GE Home & Business Solutions President and CEO Charlene Begley, succeeds Maryrose Sylvester who was recently named as president and CEO of GE Lighting.