GE provides update on operations as it moves toward breakup

GE provides update on operations as it moves toward breakup

GREENVILLE, S.C. — General Electric offered a familiar message Thursday in an update to investors and financial industrial analysts:Better days are on the way — the company is seeing progress as it concentrates on improving its efficiency and finances.The investor event at GE Power’s Greenville, South Carolina facility came as the company continues with plans to break into three separate companies. Healthcare will spin off in early 2023, then Power, Digital and Renewables and will spin off as a single entity in early 2024. General Electric will then be an aviation-focused company, with what is now GE Aviation at its core.In…
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