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Despite Falling Profits, General Electric Has Hand in Billions of Dollars in Industrial Projects

Despite Falling Profits, General Electric Has Hand in Billions of Dollars in Industrial Projects

power

Industry Segment: Power | Word Count: 637 Words

SUGAR LAND--October 23, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--General Electric Company's (NYSE:GE) (GE) (Boston, Massachusetts) profits took a plunge in the third quarter of this year, diving 9% from $2.03 billion in third-quarter 2016 to $1.84 billion in third-quarter 2017. Among the company's largest loss sectors was that most heavily tracked by Industrial Info, the power sector. Industrial Info is tracking billions of dollars in projects involving GE equipment across the world.

Within this article: Details of major power project involving GE equipment

Other companies featured: OGE Energy Corporation (NYSE:OGE)

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