Transportation

General Electric reported fourth quarter financial results this morning. One number that jumped out was the staggering size of the company’s backlog: $200 billion in orders and commitments, the largest in GE history.
What are some of the products in high demand? Start with GE Aviation. The world’s largest and most [...]

GE Transportation was a great growth story last year. The unit, which manufactures high-tech locomotives, mining equipment and other heavy machinery announced more than 2,400 jobs in the U.S. in 2011. It will invest over $400 million to open new plants and upgrade facilities in Pennsylvania and Texas. It also [...]

The Association of American Railroads calls U.S. freight rails “the envy of the world.” This is no vain chest thumping. Just three decades ago, America’s railroads were on the brink of ruin. Rail operators were broke, could not properly maintain tracks and provide reliable service. Their prospects turned with the [...]

The rising global and domestic demand for GE’s high technology products has been powering the company’s U.S. manufacturing expansion and job creation. GE has announced plans to create 13,000 new jobs in the United States since 2009. Yesterday that number grew by another 150 openings as the company’s GE Transportation [...]

Later this week the Intergovernmental Panel on Climate Change is set to release a special report on managing the risks of extreme events and disasters. The findings will likely cover a wide spectrum of contributors to climate change and hardly settle the global warming debate.
But by the time consensus [...]

Growing global demand for GE’s high-tech products has led to manufacturing expansion and new jobs in the U.S. in 2011. Today, GE Transportation announced it will spend $231 million to build a new manufacturing plant in Fort Worth, Texas, for making electric drive systems for heavy-duty mining trucks and to [...]

In recent months, GE has seen strong global demand for its advanced technology and has continued to expand and create new jobs in the U.S.—the company has announced 8,000 new jobs in the last 18 months and will hire 15,000 employees in the U.S. in 2011. Part of that growth [...]