Thursday, May 24, 2007

GE CEO sees "green" unit growing faster

(Reuters) - After two years in operation, ecomagination has a backlog of orders worth $50 billion for products like wind turbines, aircraft engines and energy conservation technology. Last year, it had sales of $12 billion.




At an event to celebrate ecomagination's second anniversary, California Gov. Arnold Schwarzenegger asked Immelt to confirm the unit's target of $20 billion in sales in 2010.


Read more at Reuters.com Business News

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