General Electric Strengthens Commitment to Restructuring for 2016

SUGAR LAND--January 25, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Power and Manufacturing giant General Electric Company (NYSE:GE) (Fairfield, Connecticut) plans to increase its restructuring budget to $3.4 billion for 2016, double the amount of $1.7 billion it targeted last month. The company reported total industrial segment profits of nearly $18 billion for the year 2015, a 1% increase compared to the year before. Within this article: Mentions GE-related projects that Industrial Info is tracking.