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GE wraps up sale of Appliances business to Haier

GE has completed the sale of its Appliances business to Chinese multinational consumer electronics and home appliances company Qingdao Haier for $5.6 billion. According to...

GE to sell Vehicle-Fleet Assets to Element for $6.9bn

Industrial goods manufacturer General Electric (GE) has announced that it has decided to sell GE Capital’s fleet assets in the US, Mexico, Australia and...

GE sells Real Estate, dismantles GE Capital

General Electric has announced that it is selling off its real estate assets and much of GE Capital to focus on its industrial businesses,...

Soap manufacturer Pental receives $15 million investment from GE Capital

Financial services provider GE Capital has announced on Thursday that it had provided Pental Ltd. with a $15 million financing facility to help it...
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.