KENTUCKY GE CREATES NEW JOBS, ENERGY-EFFICIENT PRODUCTS.(Company overview)

Worldwide Energy, July, 2009

GE's (NYSE:GE) Consumer & Industrial division will manufacture highly energy efficient hybrid electric water heaters in Louisville, Kentucky, at the company's Appliance Park facility - creating about 400 jobs. The new hybrid patented technology will make GE the first manufacturer to introduce a water heater that will meet the new 2009 Department of Energy ENERGY STAR standards for heat pump hot water heaters, putting GE well ahead of the competition.

The decision to locate production of this leadership product in Louisville came as a result of cooperative efforts, investments and incentives involving GE, the IUE-CWA, the Commonwealth of Kentucky and Louisville Metro government. GE's planned manufacturing facility also has a potential to create 1,600...

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