Business
Business

GE to turn Atlanta-based business into standalone unit

By
July 20, 2012

GE announced Friday it plans to divide its energy infrastructure division into three separate companies in a move that turns its Atlanta-based unit into a standalone business.

The company said its energy management operations, headquartered in Atlanta, will now report directly to GE chief executive Jeff Immelt. It also split up two other units: The oil and gas division and the power and water business.

The three operations previously reported to John Krenicki, who was the energy infrastructure division's chief executive. GE said he will be leaving the company after nearly three decades.

Company spokesman Jim Healy said some layoffs are expected due to the reorganization, but he declined to say how many.

GE employs about 2,000 people in the energy field in Atlanta.

About the Author

Greg Bluestein is the Atlanta Journal Constitution's chief political reporter. He is also an author, TV analyst and co-host of the Politically Georgia podcast.

Follow Greg Bluestein on facebookFollow Greg Bluestein on twitter
More Stories

Keep Reading

“Superman” was one of several Warner Bros. features filmed in Georgia. The director, James Gunn, has ambitions to shoot the second installment in the Peach State. (Jessica Miglio/Warner Bros. Pictures/TNS)

Credit: TNS

What you need to know about the Netflix bid to buy Warner Bros. Discovery

The blockbuster deal, totaling about $72 billion, will create a combined portfolio of many of Hollywood’s best known properties.

AI is reshaping fintech jobs. Georgia is building the talent to match.

Financial technology is the backbone of commerce and a pillar of Georgia’s economy, and it’s one that could be disrupted by artificial intelligence.

Why Big Tech sees Georgia farmland as ripe for data centers

As areas around Atlanta have moved to curtail data center development, tech giants are scouring rural areas to plant massive server farms.

The Latest

A new kind of hybrid, called e-Power, is coming to the U.S. from Nissan. Courtesy of Nissan

Credit: Courtesy of Nissan

OPINION

Nissan’s e-Power: An EV driving experience, fueled by gas

OPINION

December car sales are good but not magic

In the market for a luxury vehicle? You might reconsider Lincoln.

Featured

Former Fulton County election worker Ruby Freeman talks to her daughter, Wandrea ArShaye "Shaye" Moss, a former Georgia election worker, after she testified before the U.S. House Select Committee at its fourth hearing on its Jan. 6 investigation on Capitol Hill in Washington, D.C., on Tuesday, June 21, 2022. (Yuri Gripas/Abaca Press/TNS)

Credit: TNS

OPINION

The 2020 election interference case is gone, but it can’t be forgotten

The decision by a Georgia prosecutor not to pursue the massive Trump election interference case leaves some bad deeds unpunished.

Officials to install opioid reversal kits in Georgia’s public schools

The kits will contain Narcan, which can temporarily reverse the effects of an opioid overdose and restore breathing.

Odom-led comeback nets Conference USA championship for Kennesaw State

The Owls continue to be one of the most intriguing stories of the season, going from a two-win season to a conference title and beating the defending league champions.