GE to Sell US $3 Billion Industrial Solutions Business

 

 

On Wednesday December 14, General Electric sold its US $3 billion industrial solutions business, which makes electrical equipment, as part of a push to focus on its core businesses.

In an investor presentation GE said, that they are estimated to raise US $4 billion from the sale of the unit as well as the previously announced sale of its water business. 

The industrial solutions business has about 13,000 employees and 30 plants globally.

Similar Posts


Changing Scene

  • Hammond Power Solutions Announces Third Quarter 2026 Financial Results Conference Call and Webcast Notification

    Hammond Power Solutions Announces Third Quarter 2026 Financial Results Conference Call and Webcast Notification

    Hammond Power Solutions Inc. has recently announced that it will release its financial results for the Third Quarter ended September 26, 2026, on Thursday, October 29, 2026, after markets close. Following the release of its financial results, HPS will hold a conference call and webcast on Friday, October 30, 2026, at 9:00 a.m. Eastern Time.… Read More…

  • CanREA Announces Winners of the 2026 CanREA Awards

    CanREA Announces Winners of the 2026 CanREA Awards

    The Canadian Renewable Energy Association (CanREA) proudly announced the winners of the 2026 CanREA Awards last night at the opening of Electricity Transformation Canada 2026, Canada’s largest clean energy conference and exhibition. Now in their second year, the CanREA Awards celebrate exceptional projects, organizations and leaders that are demonstrating innovation and a deep commitment to… Read More…


Peers & Profiles