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Latest Jeffrey R. Immelt Stories

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2009-06-26 15:15:00

General Electric announced on Friday that it plans to open an "Advanced Manufacturing Technology and Software Center" in Michigan that would employ some 1,100 scientists, engineers and technologists over the next few years. The state of Michigan is providing more than $60 million in incentives over the next 12 years to support the new center, whose workers will focus on information technology, energy and aviation research and development, and on driving progress in manufacturing capability....

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2009-06-25 17:11:12

Sources close to General Electric Corp. said the company planned to open a clean energy research center in Detroit that would create 1,200 jobs. While not specifying what it would be, a company spokesman said GE Chairman and Chief Executive Officer Jeffrey Immelt would include some news in a speech scheduled for the Detroit Economic Club Friday, the Detroit Free Press reported Thursday. Gov. Jennifer Granholm spokeswoman Liz Boyd declined to comment Wednesday. A source, however, said GE would...

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2009-05-27 14:12:18

General Electric Co. has made noteworthy cuts in its greenhouse gas emissions since 2005 and plans to invest $1.5 billion each year by 2010 to further reduce emissions, according to the conglomerate's annual "Ecomagination" report. According to the report released on Wednesday, GE said it has reduced greenhouse gas emissions by 13 percent of levels in 2005 when it initiated its Ecomagination business plan. In 2005, GE set an initial revenue target of $10 billion by 2010. In 2008, the...

2009-05-26 06:23:07

Vice Premier Li Keqiang, lauding China's current economic policies, says more multinational investments in the country would be welcome. Receiving visiting General Electric Chairman and Chief Executive Officer Jeff Immelt in Beijing, Li said, We continue our opening-up policy and oppose trade protectionism in any form, Xinhua reported. Li said China offers opportunities for multinationals to expand their business and investment and added his government seeks development of high-tech and...

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2009-05-12 15:40:00

General Electric Co. plans to seek federal stimulus money to fund construction of a $100 million factory that would build batteries for heavy equipment. The company believes the venture could be a $1 billion business over the next ten years.  The factory, which would be constructed near Albany, New York, would initially make batteries for GE's upcoming hybrid railroad locomotive. The company announced its plan at its main research center in Niskayuna, New York, and said it expects the...

2009-05-07 16:02:00

Interactive agency Beeby Clark + Meyler partners with rich media provider EyeWonder to provide interactive video ad solution for Immelt's address on the state of healthcare ATLANTA, May 7 /PRNewswire/ -- EyeWonder, Inc., an innovator in interactive digital advertising technologies and services, today announced their partnership with interactive agency Beeby Clark + Meyler to produce an online ad campaign for GE, featuring EyeWonder's LiveWonder live video feature. Earlier this morning, GE...

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2009-05-07 15:25:00

General Electric Co. announced Thursday that it will invest $6 billion over the next six years to improve quality and lower the costs of healthcare in underserved regions throughout the world. The initiative aims to cut health care costs by 15 percent through a $3 billion investment in new, lower cost medical technology.  The program also aims to broaden the use of tools such as electronic medical records and other information technology, with the goal of providing advanced medical care...

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2009-04-03 08:55:00

GE and Intel announced on Thursday plans to partner in the area of home health technology.  The firms said they will invest $250 million over the next five years to develop products that help seniors in live independently and help those with chronic conditions better manage their home care.According to a statement released by the two companies, the partnership will include expanded efforts in "new areas such as fall prevention, medication compliance, sleep apnea, cardiovascular disease,...


Word of the Day
toccata
  • In music, a work for a keyboard-instrument, like the pianoforte or organ, originally intended to utilize and display varieties of touch: but the term has been extended so as to include many irregular works, similar to the prelude, the fantasia, and the improvisation.
This word is Italian in origin, coming from the feminine past participle of 'toccare,' to touch.
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