Category Archives: Market News

turbine blade machining

Teenagers fail to link technology and engineers

ELE provides Turbine Blade machining services to its customers and we are always looking on how we can attract the next generation of Engineers. This article appears on the Institute…

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GE and Alstom – a shared vision

GE acquired the power and grid business of the engineering company Alstom on Monday, creating a new global industrial powerhouse. The ink on the deal is still fresh, but it isn’t…

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Alstom signs deal with GE

Alstom Accepts GE’s Updated Offer

Alstom’s board of directors accepted GE’s updated offer to acquire the power and grid businesses of the French industrial group for $13.5 billion (€12.35 billion) on Saturday. The deal includes three joint-ventures:…

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Siemens and Mitsubishi bid to acquire Alstom

Siemens of Germany and Mitsubishi Heavy Industries of Japan on Monday jointly offered to buy parts of France’s Alstom and start a long-term partnership, a move that could derail a competing bid by General…

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