Jeff Immelt Signs GE for $1 Billion of Manufacturing and Power Projects in Nigeria
Posted on February 05, 2013 at 01:45 AM EST
JOHANNESBURG--February 5, 2013--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)-- General Electric Company (NYSE:GE) (GE) (Fairfield, Connecticut) is cementing its ties with West and Central Africa by signing deals to invest in manufacturing and power generation facilities. This news came after GE's chairman and CEO, Jeff Immelt, visited the continent last year when the company promised major medium- and long-term development and power projects, including 10,000 megawatts (MW) of power generation. Other featured companies: Siemens AG (NYSE:SI) .