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GE Invests $1.7 Million To Strengthen Regional Presence In North Carolina And Streamline Product Development And Production Processes; Hosts Grand Opening Of Collaborative Facility In Cary, NC

Stocks in this article: GE

GE Energy Management (NYSE: GE) today celebrated the grand opening of its new office in Cary, N.C., empowering its teams to design, develop and deliver new products faster than ever before. The facility creates a collaborative workplace by bringing together experts from a variety of GE businesses. Opening this office near GE’s Mebane manufacturing plant enables the company to streamline the development and production processes of its end-to-end electrical distribution product portfolio.

GE Energy Management’s new office is a prime example of its commitment to investing resources and personnel to create simplified and efficient production processes. Located just miles from the company’s Mebane facility—which manufactures products such as lighting panels, power panels, low- and medium-voltage motor control equipment, switchgear and electrical vehicle charging stations—the Cary office co-locates GE’s engineering and product management with other critical functions under one roof. In addition, it creates a global headquarters for GE’s Power Components and Power Equipment businesses.

“Our new Cary office brings employees from three of GE Energy Management’s businesses—Industrial Solutions, Digital Energy and Intelligent Platforms—together under one roof, enabling them to easily work together on projects across a spectrum of industries,” said Stuart Thompson, general manager of Power Equipment, GE’s Industrial Solutions business. “That tight-knit integration, along with the facility’s close proximity to our existing Mebane manufacturing operation, enables us to streamline multiple stages of our product development and manufacturing, creating a more efficient process. For customers, we’re improving their overall experience—from providing customized product designs to expediting manufacturing and lead times.”

GE celebrated the grand opening of its new office today hosting employees, local media and other industry influencers at an official ribbon-cutting ceremony. After the ceremony, attendees were able to view GE’s Odyssey Tour—a mobile truck display of GE’s innovative products and services—which made a special stop in Cary during its six-month tour across North America.

“By investing in an established team of highly trained and experienced personnel at the new Cary branch—such as engineers and product managers—GE has greatly strengthened its presence in the North Carolina region,” said Norm Sowards, general manager of Power Components, GE’s Industrial Solutions business. “Not only has the opening of our Cary office helped solidify us as a leader in the region, it also has created an opportunity to tap into North Carolina’s vast talent pool of local graduates and college students as we look to add highly qualified personnel in the future.”

"GE recognizes North Carolina's educated workforce and great quality of life," said Governor Pat McCrory. "This new Energy Management office strengthens GE's presence in the Raleigh-Durham area as well as the entire state. We're always excited to see existing businesses expanding and reinvesting in our great state."

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