GE Ecomagination Transitions to CFL and LED Innovation and Production
In October, 2007, GE Consumer & Industrial announced layoffs of 1400 workers and the closing of seven incandescent light bulb plants in response to consumer demand for more energy-efficient lighting.
GE plans to focus more on developing and producing compact fluorescent lighting (CFL) and LED products. Businesses and even governments are following the same preferential buying of energy efficient light fixtures and bulbs. China and Australia, for example, have also signaled their intent to completely phase out incandescents.
GE is investing in new lighting technologies, such as LEDs, organic LEDs and high-efficiency incandescents.
GE's "ecomagination" program converges economic and social needs with GE's unique positioning n the market. The need for lower-cost, cleaner and more secure energy coincides with the need for cleaner, more abundant sources of usable water. GE's combination of technologies, operating skills and global merchandising reach makes them uniquely positioned to help solve these problems by upgrading their vast catalog of products and services.
In October, the US EPA conducted a major campaign in conjunction with several companies, called the "Change-A-Light" campaign. And Wal-Mart announced it had reached its goal of selling 1 million CFLs.
GE's announcement was the latest story in a restructuring trend that has already impacted 3,000 jobs from facility closures, work transfers, employee reductions and sales of operations at sites in the U.S., Europe, China, Indonesia, Latin America and India.
GE plans to focus more on developing and producing compact fluorescent lighting (CFL) and LED products. Businesses and even governments are following the same preferential buying of energy efficient light fixtures and bulbs. China and Australia, for example, have also signaled their intent to completely phase out incandescents.
GE is investing in new lighting technologies, such as LEDs, organic LEDs and high-efficiency incandescents.
GE's "ecomagination" program converges economic and social needs with GE's unique positioning n the market. The need for lower-cost, cleaner and more secure energy coincides with the need for cleaner, more abundant sources of usable water. GE's combination of technologies, operating skills and global merchandising reach makes them uniquely positioned to help solve these problems by upgrading their vast catalog of products and services.
In October, the US EPA conducted a major campaign in conjunction with several companies, called the "Change-A-Light" campaign. And Wal-Mart announced it had reached its goal of selling 1 million CFLs.
GE's announcement was the latest story in a restructuring trend that has already impacted 3,000 jobs from facility closures, work transfers, employee reductions and sales of operations at sites in the U.S., Europe, China, Indonesia, Latin America and India.
