Australia, 31 January 2013: Australia has improved its global ranking as an innovation leader, according to the GE Innovation Barometer report released today.
Out of the 25 countries surveyed, the report revealed that Australia has moved from 16th place in 2012 to 13th place in 2013 as an innovative economy - ranking ahead of growth markets such as Russia and Brazil, but still lagging behind established innovation leaders like the USA, Germany and Japan.
The report, conducted by independent market research firm Strategy One, reveals that:
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GE finalises $700 million purchase of Industrea Ltd
Expands GE's operations in Australia into mining equipment manufacturing to export globally
Plans to grow global mining business to around $5 billion over the next few years
BRISBANE, AUSTRALIA---6 December 2012--- GE Mining today announced that it had finalised the purchase of mining equipment manufacturer, Industrea Ltd.