GE Rides Industrial Growth in First-Quarter 2015, with Aviation, Locomotive Sales Chugging

SUGAR LAND--April 20, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Power and manufacturing leader General Electric Company (NYSE:GE) (GE) (Fairfield, Connecticut) saw its strong operational performance overshadowed in first-quarter 2015, as $16 billion in expenses associated with the departure of GE Capital, the company's financing arm, more than offset solid growth in its industrial businesses. Not surprisingly, GE is now eying its industrial segments for 90% of its overall business by 2018. Industrial Info is tracking about $9.6 billion in projects involving GE.

Within this article: Details on GE's quarter and projects, including the construction of a 100-megawatt windfarm in Texas.