PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: General Electric Company

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

GE to Expand its Oil and Gas Facility in Fót, Hungary - Company investing in new manufacturing hall and office building and adding 114 new jobs [NYSE: GE]
GE to Expand its Oil and Gas Facility in Fót, Hungary

 

NewswireToday - /newswire/ - Fót, Hungary, 2013/07/31 - Company investing in new manufacturing hall and office building and adding 114 new jobs [NYSE: GE]. NYSE: GE

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

GE today announced the expansion of its existing oil and gas facility in Fót, Hungary. It will host the state-of-the-art manufacturing base of central unit control panels (UCP) for gas and steam turbine power plants. Bringing UCP production to Hungary is the latest in a long line of GE investments to align its production to new customer needs and to extend its technology capability locally and globally.

The GE Oil & Gas manufacturing plant will be expanded with a new 6,000-square-meter manufacturing hall, along with an office building. The company will supply the new products and solutions worldwide from its Fót facility.

The investment is a significant step towards increasing competitiveness while increasing the number of jobs and is further proof of GE’s commitment to the country. The expanded facility, leveraging local expertise at the current plant in Fót, will increase control panel production capacity and operational efficiency. It also will drive top-line growth by expanding the range of applications and engineering capability for custom design. The increased capacity adds approximately 114 new jobs, including 40 engineering positions.

GE is the largest U.S. investor in Hungary with 12,500 employees. The company has 12 manufacturing plants, three technology centers and three regional headquarters in the country.

“Over the past two decades, Hungary has been a key manufacturing location for GE. We consider Hungary to be a globally competitive epicenter not only for innovation but for skilled labor as well. The highly talented and motivated Hungarian workforce with their professional training and expertise is a significant advantage. We are pleased to expand our presence in Hungary,” said Dave Cox, global supply chain leader, GE Oil & Gas.

Currently GE Oil & Gas designs and manufactures intelligent systems and equipment in its Fót plant, employing more than 140 people.

GE in Hungary
Since late 1989, GE has been one of the most significant multinationals operating in Hungary. Today all five GE core businesses are active here. Currently GE is the largest U.S. investor and employer (12,500) and one of the biggest exporters of Hungary, while as a customer has a key supplier base of 2,000+.

As a supplier, GE’s 21st century energy, transportation, healthcare, water and security solutions can help Hungary to develop and increase its competitiveness. The key to success so far is GE's culture of partnership with associates, local communities, the business and scientific community and the government.

About GE
GE (ge.com) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works.

About GE Oil & Gas
GE Oil & Gas is a world leader in advanced technologies and services with 43,000 employees in more than 100 countries supporting customers across the industry from extraction to transportation to end use. Our unrelenting commitment to the environment, health and safety, quality and integrity defines us: it’s The Way We Work. We develop smart solutions for our customers across the oil and gas value chain delivering the innovation, customized service solutions, training programs and technology that helps them to maximize their efficiency, productivity and equipment reliability. We partner with our customers to develop their next generation workforce; help them to fully benefit from the megatrends of natural gas, the growth of subsea and hard-to-reach reserves and the revolution in asset health management.

Contacts
GE news, Masto Public Relations - E: information[.]mastopr.com.

Tom Murnane, Masto Public Relations
P: +1 518 786 6488 - E: tom.murnane[.]mastopr.com.

Howard Masto, Masto Public Relations
P: +1 518 786 6488 - E: howard.masto[.]ge.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: General Electric Company

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


GE to Expand its Oil and Gas Facility in Fót, Hungary

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

GE News Center | Oil and Gas Facility
Publisher Contact: Barbara Del Sala - GE Oil & Gas 
+39 055 4586980 barbara.delsala[.]ge.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any General Electric Company securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From General Electric Company / Company Profile


Read Energy Most Recent Related Newswires:

Power Costs, Inc. (PCI) and GE Power Collaborate to Link Energy Operations with Energy Trading for End-to-End Machine to Market Software Solutions
GE Oil & Gas Signs Agreement with TAG GmbH to Install New Tuning Maintenance (TUMAS) Software on Entire Fleet of Gas Turbines
ENGIE Announces Two New Major Collaborations to Foster New Innovative Green Gas Production Methods Across Europe
Enel Inaugurates Apiacás Hydropower Complex in Brazil
Steam and Gas Turbine Manufacturers Realign Strategies to Harness Growth Opportunities within Clean Power Generation
Enel Starts Construction of Peru’s Largest Solar PV Plant
GE and Maersk Drilling to Pilot Marine Digital Transformation
SolarWinds to Join the Discussion on Interoperable IT Management for Defense Forces at AFCEA’s TechNet Asia-Pacific 2016
BP and GE Launch New Offshore Digital Technology with Plans to Deploy Globally
GE Digital Acquires ServiceMax to Extend Predix and Analytics Across Field Service Processes
GE Digital Launches Collaborative App Development Program to Expand Digital Industrial Ecosystem
Voith Awarded A Prestigious Automation Contract for Two Norwegian Hydropower Plants
Joint Wind Farm Pilot Project by ENGIE, EDP Renewables, La Caisse Des Dépôts, Eiffage/Principle Power, GE Selected from Call for Floating Wind Turbine
Enel Starts Operating Two New Wind Farms in Mexico
GE Introduces New, First-of-Its-Kind Blister-Free Sanitary Membrane Elements

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)