General Electric Rides U.S. Economic Recovery in 2014 as Turbines, Other Power Equipment Orders Grow

SUGAR LAND--January 26, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Power and manufacturing leader General Electric Company (NYSE:GE) (GE) (Fairfield, Connecticut) benefited from a recovering U.S. economy in 2014, as locomotive and turbine sales drove a surge in orders that substantially boosted the company's backlog. Net earnings were reported to be $15.23 billion, a 16.66% increase from 2013.

Within this article: Details on GE's quarter and projects, including a natural gas-fired, combined-cycle power plant in Mexico, and a two-phase windfarm project in Texas.