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GE Turning Green; Unplugs Light Bulb Plants

Biz switching over to energy-efficient fluorescents

By Asta Hostetter,  Newser User

Posted Oct 5, 2007 6:19 AM CDT

(Newser) – Bowing to market pressure to switch to more energy-efficient lighting, General Electric is shutting down 7 of 54 plants and warehouses that serve its incandescent light bulb operation, reports the Wall Street Journal. Some 1,400 workers will lose their jobs, but only a third of them will be US workers. In two years, GE will have jettisoned 16% of its lighting work force.

The "new" GE will rely less on "traditional" products, according to its president. The lighting business accounted for only 2% of GE's $163 billion in revenues last year. The company will manufacture more compact fluorescent lighting and other energy-efficient lights used in commercial operations to help satisfy increasing consumer demand for energy savings.

FILE PHOTO General Electric Posts 3rd Quarter Profit
FILE PHOTO General Electric Posts 3rd Quarter Profit   (Getty Images)
Edison Lightbulbs To Be Auctioned At Chrisites
Edison Lightbulbs To Be Auctioned At Chrisites   (Getty Images)
US-GE-HEADQUARTERS
US-GE-HEADQUARTERS   (Getty Images)
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