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

  • Sales Outsource Solutions Introduces Three New Members to their Sales Team

    Sales Outsource Solutions Introduces Three New Members to their Sales Team

    October 29, 2026 Sales Outsource Solutions are pleased to welcome Carlos Di Gironimo, Andrea Gustin, and Scott Sanderson to the SOS family. Carlos is proven performer from the automotive industry, he is eager to learn, has an insatiable desire to grow and will bring his many talents to our utility division.  Carlos will assume the role of Sales… Read More…

  • Beckhoff Canada Opens New Office in Calgary

    Beckhoff Canada Opens New Office in Calgary

    Beckhoff Automation, a pioneer in automation technology and PC-based control, has strengthened the company’s sales and application engineering presence in Western Canada by opening a sales office in Calgary, Alberta. The 2,900-square-foot office at 48 Quarry Park Blvd SE is Beckhoff Canada’s fourth location, joining its headquarters in Cambridge, Ontario, and regional offices in Laval,… Read More…


Peers & Profiles