The other side of the story: We got game
BusinessWeek.com today spins a tale about a company that boldly outlined its own “brand of hope” on the day before President Barack Obama’s inauguration, but in just 10 weeks since has lost its “vision” and now has “little choice but to play defense.” It’s a gripping drama, but there’s only one problem: it’s not true. As readers of GE Reports know firsthand, there’s been a flurry of deals, partnerships, research investments, and innovation. Rather than play “defense” and argue about the story line by line, we thought we’d show you, in no particular order, just part of what GE’s been up to in the short time since the inauguration. To spare our regular readers, we’ll stop the list at 20.






- GE formed a research and commercial partnership in Qatar to deliver next-generation healthcare technologies and build local research and development capabilities.
- GE and Intel are teaming up on home health technology solutions.
- GE is supplying 74 turbines in a deal with Invenergy that may be the first wind project to draw on U.S. stimulus funds.
- GE’s new digital x-ray machines reached a new milestone by being certified as ecomagination products due to environmental and operational efficiency.
- GE Security’s Homeland Protection business just announced that the Transportation Security Administration has certified its newest explosives detection system, which uses imaging technology developed by GE Healthcare.
- GE won another deal to provide gas compressor technology for China’s massive West-to-East pipeline. The $300 million deal brings GE’s total contracts on the pipeline to more than half a billion dollars.
- GE Hitachi Nuclear Energy announced the signing of two agreements with two government-owned companies in India as the firms prepare to collaborate on building multiple GE Hitachi-designed nuclear reactors.
- The 3,000th Evolution locomotive was delivered to our customer in Kazakhstan.
- GE’s MAC 800, a portable electrocardiogram, was launched in the U.S. after being originally developed for China’s market.
- GE Global Research just announced the opening of its newest research space — a 350,000 square feet building at its technology campus in Bangalore, India.
- GE Aviation Systems opened its new manufacturing facility in Suzhou, China.
- GE is supplying nearly $1 billion in gas turbines for electricity for Saudi Arabia.
- Houston’s budding smart grid is using GE’s Wi-Fi technology in a new deal.
- GE Oil & Gas is supplying an Italian energy company with the largest refinery reactors of their type ever to be manufactured.
- GE Energy is supplying 12 of its Jenbacher gas engines to support a Russian oil and gas producer’s project to reduce emissions.
- GE Energy’s services team signed a $128 million service agreement for two Chinese power projects, including the largest gas turbine combined-cycle power plant in the Zhejiang Province.
- VetcoGray, a GE Oil & Gas business, has signed an agreement to supply subsea wellhead systems and casing strings for an exploratory drilling campaign that could include more than 50 wells offshore Brazil.
- GE Energy Financial Services is investing $150 million in a partnership for a floating oil and gas production unit in deepwater Gulf of Mexico.
- The GE Rolls-Royce Fighter Engine Team’s F136 development engine has now become the industry’s first application using advanced, lightweight composite ceramic materials in the engine turbine.
- Electric utility Pepco Holdings is buying GE’s state-of-the-art smart meters for use in the deployment of its advanced metering infrastructure in Delaware.

GE Theater’s lost Zsa Zsa hit
The ‘Warbirds’ of Oshkosh

Excellent article! GE, under the leadership of Jeff Immelt, has focused amd maintained its vision through the muddled darkness of the Bush years, and the economic tsunami. While Chrysler built low gas mileage pickup trucks and hung ’70’s musclecar names on them, GE focused on the environment. Companies reap what they sow. GE, and gereports.com has definitely got game! BusinessWeek.com needs to do its homework….
As a GE investor, this report provides the investment community with true, future plan, product strategy, R & D…one essential feature of this report differentiates from the other commercial reports, analysis, blog is the accountability…the authors are not tinted with the Wall…
Good job fellows, please keep on reporting…
The BW article was indeed pretty lame. The author really didn’t seem to grasp that there are ways for companies to innovate and grow other than through large acquistions.
Let’s see now…who was it that Apple acquired to enter the music business? The cell phone business?
For that matter, who did GE acquire to enter the jet engine business and to move from pure electric locomotives to diesel-electrics?
I think stockholders would like to know more about the status and prospects of GE’s financial unit. Few can doubt the solidity and promise of the rest of the company.
WITH ALL GE IS DOING WHY IS ARE STOCK SO LOW?
Keep the bad news coming, I’m trying to accumulate here!!! Thank You CNBC!!!
I enjoyed the article that was written. My question like the other’s. WHY is the price so low,& with all the inovations WHY did they cut the dividend?
A lot of investors rely on the dividend including myself!
I think that GE is by far the best company in the US and I would like to know how I could be apart of such a great team.I’m 28 and I’ve been in the construction field my whole life and it no longer interest me.I want to be apart of something bigger then myself and make a change in this world.I feel with the proper training I could be a very valuable asset to GE’s future.Can you please let me know what it is I would have to do to make my dreams become a reality.Renewable energy is my true passion and I would love to make my mark in this world with your company.Thank you for your time and I hope to hear back from someone soon.Have a great day!!!!!!
What are we doing to expand the product, system, and project approach in the power, industry and transportation sectors of our outstanding basket of products in all markets. As independent supplier, partner with complimemtary partners to fill a specfic project’s technical, management, installation, training, and startup of the turnkey projects we knew in years gone by. Including the assistance in arranging financing when required to meet the needs of purchaser and/or compete with the very active competitors in foreign markets? hope the site owner will expand and improve on the great project, system, and product capabilities and inventive financial abilities of our great GE!