GE

July 1, 2020

GE Completes Sale of GE Lighting

Creates smart home and lighting industry leader in the professional installation and retailer channels Furthers Savant’s mission to become the premier intelligent lighting company New name will be GE Lighting, a Savant company Includes long-term license of GE brand BOSTON, MA (STL.News) GE (NYSE:GE) announced today that it has completed...

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June 22, 2020

GE Names Deloitte as Independent Auditor for 2021

BOSTON, MA (STL.News) GE (NYSE:GE) announced today that, following a thorough and competitive review process, its Audit Committee selected Deloitte as the company’s independent auditor for the 2021 fiscal year. KPMG will continue in its capacity through the completion of its audit services for the fiscal year ending December 31,...

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June 11, 2020

GE Powers US Navy’s 1st Full-Electric Power and Propulsion Ship

The first full-electric power and propulsion surface combatant, the USS Zumwalt, has been delivered to the US Navy. The electric propulsion solution delivers efficiency, survivability, cost-of-ownership reductions, and system redundancy for enhanced vessel safety. In addition, machinery layout is more flexible and configurable. As the top integrated electric power and...

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June 3, 2020

Edison Again Chooses GE to Improve Torviscosa Power Plant in Italy

Continuing Edison’s modernization of its plants, GE’s industry-leading Advanced Gas Path (AGP) technology upgrade is expected to increase Edison’s Torviscosa power plant output by more than 6% and improve its efficiency by around 1% In 2018 GE’s AGP project successfully executed at Edison’s Candela combined cycle power plant exceeded expectations...

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May 27, 2020

GE to Sell Lighting Business to Savant Systems, Inc.

Deal will create an industry leader combining GE’s brand, lighting expertise and retailer channels with Savant’s innovative smart home technology and professional installation channels for the home Savant will continue use of the GE brand Furthers GE’s transformation into a more focused industrial company BOSTON, MA (STL.News) GE (NYSE:GE) announced...

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May 14, 2020

U.S. Department of Energy Awards Two Advanced Reactor Projects Utilizing the BWRX-300 Small Modular Reactor Design

GE Research to lead project with Exelon Generation, Oak Ridge National Laboratory, University of Tennessee-Knoxville and GE Hitachi Nuclear Energy to develop Artificial Intelligence-enabled predictive maintenance digital twins. MIT to lead project with GE Research and GE Hitachi to build a digital twin of BWRX-300 critical components. BWRX-300 SMR will...

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May 4, 2020

An Update on COVID-19 GE Aviation Business Impact

EVENDALE, OH (STL.News)  GE (NYSE:GE) Vice Chair and President and CEO, GE Aviation David Joyce today issued the following message to GE Aviation employees: Colleagues, Let me start by saying thank you for the way you all have responded during the COVID-19 crisis – staying focused on protecting the health...

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