- Purchase Would Expand GE in-House Capabilities to Provide Exceptionally Engineered, Fully Integrated, Comprehensive Machining Solutions
- Metem Expertise Would Allow GE to Grow Cooling Hole-Drilling Work
SCHENECTADY, N.Y.-December 28, 2015-GE (NYSE: GE) today announced that it has signed a purchase agreement to acquire Metem Corporation, a U.S.-based provider of precision cooling hole manufacturing technologies that enable turbine engines to function more efficiently, saving costs, increasing operation time and reducing emissions.