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Springfield, MO
Swiss engineering firm ABB Group agreed to buy General Electric’s circuit breaker and other electrical equipment unit for $2.6 billion.
New GE Ceo John Flannery already pledged to cut costs, and he's said to be reviewing each of the company's businesses.
Zurich-based ABB will be able to use the GE unit, dubbed GE Industrial Solutions, to broaden its electrification business globally.
Read more from The New York Times.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
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