2012 A Very Good Year for G-E Transportation - WICU12 HD WSEE Erie, PA News, Sports, Weather and Events

2012 A Very Good Year for G-E Transportation

Posted: Updated:

The year 2012 was a record setter for G-E Transportation.  Profits crossed the $1.0 billion mark, up from $757 million in 2011. Revenues were $5.6 billion, also a record level and up 15% over 2011 figures.  Profits for the fourth quarter of 2012 were up by 26 million dollars. And transportation orders jumped 7% last quarter, to $1.3 billion.

G-E Transportation President and CEO, Lorenzo Simonelli, said the fourth quarter capped off a very successful year and 2013 is looking good too. "Looking ahead, our recent strategic acquisitions and substantial investments in technology and new production capacity have positioned us well to continue to deliver value to our customers and for strong operating performance in 2013," added Simonelli.

As for new production capacity, G-E is already producing drive systems for mining equipment at its new Fort Worth Texas facility.  The Transportation division is due to start turning out locomotives this year. G-E continues to be Erie County's largest employer with about 5,500 hundred employees.

Submit your event now
  • Most Popular StoriesMost Popular StoriesMore>>

  • Storms Hit Crawford County

    Storms Hit Crawford County

    Monday, July 28 2014 4:52 AM EDT2014-07-28 08:52:42 GMT
    Storms swept through northwestern Pennsylvania Sunday evening packing high winds and a lot of lightning strikes.More >>
    Storms swept through northwestern Pennsylvania Sunday evening packing high winds and a lot of lightning strikes.More >>
  • Coroner Identifies Body Found in Bay

    Coroner Identifies Body Found in Bay

    Monday, July 28 2014 4:52 AM EDT2014-07-28 08:52:27 GMT
    From FacebookFrom Facebook
    Erie County Coroner Lyell Cook has released the identity of the teen found floating in Presque Isle Bay on Saturday morning, and has ruled the death a case of accidental drowning.More >>
    Erie County Coroner Lyell Cook has released the identity of the teen found floating in Presque Isle Bay on Saturday morning, and has ruled the death a case of accidental drowning.More >>
  • Fire Displaces Harborcreek Family

    Fire Displaces Harborcreek Family

    Sunday, July 27 2014 7:15 PM EDT2014-07-27 23:15:39 GMT
    A house fire in Harborcreek early Sunday displaced a family of six adults and two children. The fire broke out about 5:00 a.m. at 5144 Ebersole Drive. Fire officials say a family member woke up to the sound of crackling flames and managed to get everyone else up and safely out of the house. Assistant Fairfield Hose Company Chief Jeff Hawryliw says firefighters from Fuller Hose, Harborcreek, Lawrence Park and Belle Valley assisted in the firefight. It took more than 40 minutes to get the flame...More >>
    A house fire in Harborcreek early Sunday displaced a family of six adults and two children. The fire broke out about 5:00 a.m. at 5144 Ebersole Drive. Fire officials say a family member woke up to the sound of crackling flames and managed to get everyone else up and safely out of the house. Assistant Fairfield Hose Company Chief Jeff Hawryliw says firefighters from Fuller Hose, Harborcreek, Lawrence Park and Belle Valley assisted in the firefight. It took more than 40 minutes to get the flame...More >>
  • Police Ask For Help to Identify Body Found in Creek

    Police Ask For Help to Identify Body Found in Creek

    Sunday, July 27 2014 12:22 AM EDT2014-07-27 04:22:32 GMT
    Erie police have released a more detailed description of the body of a young man discovered Saturday morning in Cascade Creek. It was about 10:30 a.m. when two fishermen spotted the body floating in the water where cascade creek empties into Presque Isle Bay. The Erie Fire Department recovered the body. Erie County Coroner Lyell Cook says the young man was wearing only shorts and had no identification. He hopes that an autopsy scheduled Sunday may provide more information on what led to the d...More >>
    Erie police have released a more detailed description of the body of a young man discovered Saturday morning in Cascade Creek. It was about 10:30 a.m. when two fishermen spotted the body floating in the water where cascade creek empties into Presque Isle Bay. The Erie Fire Department recovered the body. Erie County Coroner Lyell Cook says the young man was wearing only shorts and had no identification. He hopes that an autopsy scheduled Sunday may provide more information on what led to the d...More >>
  • Crawford County Radio Station Celebrates 10 Years On-Air

    Crawford County Radio Station Celebrates 10 Years On-Air

    Sunday, July 27 2014 6:02 PM EDT2014-07-27 22:02:36 GMT
    If you're driving through Cambridge Springs, and tune your radio dial to 92.9 FM, you’ll hear songs by local and regional musicians.More >>
    If you're driving through Cambridge Springs, and tune your radio dial to 92.9 FM, you’ll hear songs by local and regional musicians.More >>
  • TORNADO WATCH

    TORNADO WATCH

    Sunday, July 27 2014 3:09 PM EDT2014-07-27 19:09:35 GMT
    A Tornado Watch is in effect for the entire viewing area through 9pm tonight. The Tornado Watch means weather conditions are favorable for the development of severe thunderstorms that are capable of producing tornadoes. THUNDERSTORMS TODAY AND THIS EVENING HAVE THE POTENTIAL TO BE SEVERE WITH LARGE HAIL...DAMAGING WINDS...AND LOCALLY HEAVY RAINFALL. A TORNADO IS POSSIBLE. Stay tuned to First Warning Weather and Watch Weekends Now for more information.More >>
    A Tornado Watch is in effect for the entire viewing area through 9pm tonight. The Tornado Watch means weather conditions are favorable for the development of severe thunderstorms that are capable of producing tornadoes. THUNDERSTORMS TODAY AND THIS EVENING HAVE THE POTENTIAL TO BE SEVERE WITH LARGE HAIL...DAMAGING WINDS...AND LOCALLY HEAVY RAINFALL. A TORNADO IS POSSIBLE. Stay tuned to First Warning Weather and Watch Weekends Now for more information.More >>
  • New Restaurant to Open in Downtown Erie

    New Restaurant to Open in Downtown Erie

    Tuesday, July 22 2014 5:36 PM EDT2014-07-22 21:36:57 GMT
    An empty commercial space in Downtown Erie will soon be coming back to life. A new restaurant will be opening soon at the site of the former "Cougar's" nightclub at 14th and State.More >>
    An empty commercial space in Downtown Erie will soon be coming back to life. A new restaurant will be opening soon at the site of the former "Cougar's" nightclub at 14th and State. More >>
  • Canadian Teen Becomes Youngest Person to Swim Across Central Lake Erie

    Canadian Teen Becomes Youngest Person to Swim Across Central Lake Erie

    Saturday, July 26 2014 9:32 AM EDT2014-07-26 13:32:35 GMT
    A Canadian teenager has become the youngest person to swim from Presque Isle to Long Point, Ontario, Canada.More >>
    A Canadian teenager has become the youngest person to swim from Presque Isle to Long Point, Ontario, Canada.More >>
Powered by WorldNow
3514 State St. Erie, PA 16508
Newsroom: (814)454-8812
Toll Free: 1(800)454-8812
Business offices: (814)454-5201
WICU FCC Filing
WSEE FCC Filing
Share:
Share Stories
Submit your stories to our site!
Share Photos
Share your photos in our community galleries
Mobile:
Mobile Site
Be sure to stay constantly updated with the power of WICU12 and WSEE at your fingertips
Free Android App
Free iPhone App
Free iPad App
Storm Tracker App
Droid
iPhone
iPad
All content © Copyright 2000 - 2014 WorldNow and WICU. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.
                   WICU/WSEE - 3514 State Street Erie, PA 16508 - (814) 454-5201 - info@wicu12.com