Industry News

Updated: GE Reorganizing Power Division

(Editor's note: This story has been updated to include more information about GE's turbine blade situation.) GE intends to reorganize its power division in an effort to accelerate operating and financial improvements. GE plans to create...

Report: Cummins, Kohler Keen On GE Power Business

Bloomberg News is reporting General Electric Co. has narrowed the list of bidders for its US$3.5 billion industrial gas-engine business. Bloomberg, citing people familiar with the matter, reported that Cummins Inc. and Kohler Co., and...

An Engine “Game Changer?”

BY IAN CAMERON Engine technology aimed at the heavy-duty truck sector and for stationary distributed systems and described as “potentially game-changing” has been unveiled by the United Kingdom-headquartered Ricardo. The Ricardo CryoPower concept aims to substantially...

Making The Case For Aeroderivatives

GE Power leadership will “double-down” in the aeroderivative market as it invests more than US$200 million in the segment over the next three years. Most of the spending focuses on the company’s main service center...

GE Transportation Announces New High-Speed Diesel Engine Program

GE Transportation announced a new high-speed diesel engine program that will serve the locomotive, marine and power generation segments. The engine platform, which was announced at the Innotrans trade show, is designed will provide improved...

‘We’re Committed To Gas Power’

As part of a shakeup of GE’s power portfolio in November, Scott Strazik was named CEO of the company’s newly created Gas Power business. The move was one of a series the company took...

Updated: Siemens Spinning Off Gas And Power Division

Editor's note: The story has been updated with more information about the new company's headquarters. Siemens will spin off its Gas and Power division in the hopes of meeting medium-term growth and profit targets by...

GE Closing Waukesha Engine Plant

GE Distributed Power will close its engine manufacturing facility in Waukesha, Wisconsin, USA by the end of April 2019. The move will eliminate 236 jobs—31 salaried and 205 hourly. The move was not unexpected—GE announced...

High-Speed Gas Engine For Marine

BY ROBERTA PRANDI MTU Friedrichshafen, part of Rolls-Royce Power Systems, presented a new gas-powered high-speed marine engine Series 4000, which just completed 3000 hours on the test bench and is going to be put into...

Temporary Power Outage For Siemens

Siemens announced it will temporarily shut down its Power and Gas (PG) division as the company seeks to regain its footing in the marketplace. The recent announcement underscores the difficulties the company has faced in...