This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

University Of Kentucky, GE Appliances Enter Master Agreement For Research

Stocks in this article: GE

The University of Kentucky (UK) and GE Appliances have entered a master agreement to collaborate on research projects that could yield new inventions in the field of major appliances.

UK President Eli Capilouto and Vice President for Research James W. Tracy joined GE Appliances President & CEO Chip Blankenship and Vice President of Technology Kevin Nolan today at a ceremony held at GE's Appliance Park in Louisville. The agreement specifies terms and conditions for the licensing and sharing of jointly developed intellectual property and establishes parameters for future research projects.

“Designing and manufacturing home appliances requires expertise in multiple branches of science and engineering,” said Kevin Nolan. “The research agreement between GE Appliances and UK provides the framework for working together on challenging problems and helps us leverage the technical expertise at UK.”

The agreement seeks to streamline how joint projects will take place between GE scientists and UK scientists and students in the future. “Having the agreement in place will help strengthen collaborations between UK and GE in several areas,” Tracy said.

"This partnership will provide opportunities for our faculty, and the students they mentor, to work on projects with immediate, real-world applications in industry," Tracy said. "We have talented scientists working in a diverse array of disciplines—such as engineering, energy and Lean systems manufacturing—whose expertise will be called upon as GE continually seeks to innovate its products and its processes. Both sides stand to reap great dividends from this relationship."

Capilouto praised the agreement as a step forward for Kentucky's economic development.

"Today our Commonwealth's flagship university joins forces with one of the world's largest and most respected names in the field of major appliances," Capilouto said. "In a world increasingly driven by technology, there is an ever-growing need for research to make products that last longer and perform better and more efficiently. The University of Kentucky has the intellectual and human capital to help GE bring better things to life, and GE's investment in research at UK will help train a new generation of scientists and engineers."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs