GE stresses its commitment to the water market

The CEO of GE’s Power and Water business dismisses rumours of poor performance and imminent divestiture.

GE Power and Water CEO Steve Bolze has stressed the company’s commitment to its water division, contradicting rumours that the industrial giant is losing patience with the business. “We do not want to sell it because it is an attractive business for GE. It is also a profitable business for GE,” he told GWI. “We look at areas where ...

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