General Electric expands in China, UK
The new business is headquartered in Beijing and includes GE's heavy duty gas turbine, steam turbine, generator and gasification products and services. GE is realigning several of its Power & Water businesses in China because the country is a unique region that requires a greater emphasis on building relationships and greater localization of GE's business resources to enhance GE's existing local partnerships.
Yang Dan, a nearly 20-year GE veteran, has been chosen as the general manager of GE's new Power Generation Products and Services China business.
GE's dedicated Power Generation Products and Services unit will support efforts by these local partnerships to help China address the growing demand for power, which is expected to double in the next 10 years. For example, GE's more efficient gas and steam turbine technologies and services are ideally suited to support China's goal to utilize more of the country's domestic natural gas reserves.
At the same time GE Oil & Gas has unveiled a significant expansion of its subsea systems manufacturing, test and assembly facility in Montrose, Scotland. The product of a 10.4 million pound ($15.8 million) investment, the Brent Avenue site has almost doubled in capacity, enabling GE to harness the growing global demand for its products and services.
GE Oil & Gas representatives met with industry and government leaders today, including Scotland's Secretary for Finance, Employment and Sustainable Growth John Swinney, MSP, as they gathered to mark the formal opening of GE's newly expanded, 9,000 square metre Brent Avenue subsea equipment manufacturing and services facility.
The expansion includes a new 2,250 square metre assembly and test facility, which will allow for the in-house manufacturing of large, deepwater horizontal subsea trees (DHXTs) used in the extraction of oil and gas reserves from the seabed in some of the most challenging environments across the globe.
It also will lead to a significant increase in machining capacity, from 63 systems a year to more than 90, as well as in-house machining of much larger vertical tree systems (DVXTs), allowing GE Oil & Gas' Subsea Systems business to meet anticipated long-term demand.
Included in the investment is a new state-of-the-art assembly and test line for the construction and testing of sub-assemblies and master valve blocks (MVBs). The site will now be able to produce all key components, from raw material through to a fully built, flat packed subsea tree.
Growing subsea activity and GE's increased market share prompted the investment, which also is expected to lead to an increase in staff numbers from 85 to 138 at the facility during 2013. ■