General Electric Co. GE, After trading hours stock hit 13.90
General Electric Co
General Electric Co., one of the world’s largest companies, has grown again to include a second manufacturing location and 100 more jobs. GE said Monday it would move the small jet-engine parts manufacturing operation it launched five years ago at its massive complex on Garlington Road to a new location in The Matrix industrial park along U.S. 25.
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General Electric Company (GE) is a diversified technology, media and financial services company. Its products and services include aircraft engines, power generation, water processing, security technology, medical imaging, business and consumer financing, media content and industrial products. As of December 31, 2008, GE operated in five segments: Energy Infrastructure, Technology Infrastructure, NBC Universal, Capital Finance and Consumer & Industrial. In January 2009, the Company acquired Interbanca S.p.A., an Italian corporate bank. In April 2008, Oil & Gas completed the acquisition of the Hydril Pressure Controls business from Tenaris. In September 2008, the Company announced the sale of its Japanese consumer finance business to Shinsei Bank. During the year ended December 31, 2008, the Company acquired Whatman plc; Vital Signs, Inc.; Merrill Lynch Capital, and CitiCapital.
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