Agreement Consolidates 30-Year Relationship and GE's Continued Commitment to China
BEJING, CHINA -- January 20, 2010 - GE Oil & Gas today announced that it has entered into an agreement to acquire a minority equity interest in Shenyang Turbo Machinery Corporation, a large-scale Chinese state-owned enterprise dedicated to the design and manufacture of turbomachinery equipment and the main operating subsidiary of Shenyang Blower Works Group Company Ltd (SBW Group).