Recent News: GE Energy, Lawsuit, Bloomington Plant, Management Secrets, PCBs, GE Aviation, France, and Jack Welch

GE Energy secures $1bn wind turbine order
GE Energy, the energy arm of engineering conglomerate GE, has this week closed a $1bn wind turbine deal with wind farm operator Invenergy LLC in one of the largest deals in the wind sectors' history...

GE lawyer wins first round of $500m sexism case
A high-flying former in-house lawyer at General Electric, the world’s third-largest company, has won the first key round of her $500 million class-action sex discrimination claim...

GE site has promise for reuse, experts say
Plenty of potential exists to refill the massive refrigerator plant in Bloomington that General Electric Co. plans to abandon by the end of next year, according to a real estate expert and a former economic development director in the city...

Management Secrets From Inside GE
Few companies can boast the performance of General Electric, one of the world's most consistently profitable enterprises. One of the top reasons is talent. GE recruits the brightest minds it can find and relentlessly cultivates its leaders, training them at its legendary in-house management school, known as Crotonville (for its location north of New York City). In addition to world-class CEOs like Jeff Immelt and his predecessor, Jack Welch, the GE system has produced numerous executives who have left to run other well-known companies. Jim McNerny of Boeing, Chrysler's Bob Nardelli, and Dave Calhoun of the Nielsen Co., for instance, are three GE alumni...

GE sets meeting on PCBs
General Electric and environmental regulators are expected to unveil a massive report detailing GE's proposed cleanup for the Housatonic River at a Lee meeting in March...

GE Unit to Build Turbos for French Subs
GE Oil & Gas, a unit of General Electric Co., said Friday it received a contract from a French naval defense systems company to provide the turbo-generators and propulsion turbines for the French Navy's new fleet of six nuclear submarines...

GE Aviation lands in Houghton
The new tenants of the Powerhouse building in Houghton will celebrate their arrival with a ceremony at the site 11 a.m. Monday.The Evendale, Ohio-based aircraft engine producer is launching a university development center, which is expected to employ 50 people in Houghton. Up to 40 of them are expected to go to engineering students from Michigan Tech University, who will work under senior technical specialists and junior graduate engineers...

Author says Welch's tough talk strengthened GE
Jack Welch transformed General Electric Co. from an old-economy manufacturer into a modern conglomerate, in part because of his insistence on a culture of straight talk, according to a new book by his former speechwriter....