GE Power Conversion: Difference between revisions
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{{Use dmy dates|date= |
{{Use dmy dates|date=June 2023}} |
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{{Primary sources|date=November 2009}} |
{{Primary sources|date=November 2009}} |
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{{Infobox company |
{{Infobox company |
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| name = GE Power Conversion |
| name = GE Power Conversion |
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| logo = |
| logo = GE Vernova logo.svg |
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| |
| logo_size = 190 |
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| type = [[Subsidiary]] |
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| genre = |
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| |
| genre = |
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⚫ | |||
| predecessor = Converteam (2011) |
| predecessor = Converteam (2011) |
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| successor = |
| successor = |
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| foundation = |
| foundation = {{start date and age|2005|11|10}} |
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| founder = |
| founder = |
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| defunct = |
| defunct = |
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| location_city = |
| location_city = |
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| location_country = |
| location_country = |
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| location = [[Paris]], [[Île-de-France (region)|Île-de-France]], France |
| location = [[Paris-Saclay]] ([[Villebon-sur-Yvette]]), [[Île-de-France (region)|Île-de-France]], France |
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| locations = 14 countries |
| locations = 14 countries |
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| area_served = Global |
| area_served = Global |
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| key_people = |
| key_people = Philippe Piron ([[Chief executive officer|CEO]])<ref>{{cite web|title=Energy Management Leadership |url=http://www.geenergymanagement.com/Leadership_Joe_Mastrangelo.htm |publisher=GE Energy Management |accessdate=29 January 2014 |url-status=dead |archiveurl=https://web.archive.org/web/20140202111648/http://www.geenergymanagement.com/Leadership_Joe_Mastrangelo.htm |archivedate=2 February 2014 }}</ref> |
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| industry = [[Electrical engineering]] |
| industry = [[Electrical engineering]] |
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| products = [[Variable-frequency drive|VFD]]s, [[ |
| products = [[Variable-frequency drive|VFD]]s, [[electric generator]]s and [[induction motor]]s |
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| production = |
| production = |
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| services = |
| services = |
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| revenue = |
| revenue = |
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| operating_income = |
| operating_income = |
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| net_income = |
| net_income = |
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| aum = |
| aum = |
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| assets = |
| assets = |
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| equity = |
| equity = |
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| owner = |
| owner = |
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| num_employees = 5,300 |
| num_employees = 5,300 |
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| parent = |
| parent = [[GE Vernova]] |
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| divisions = 4 |
| divisions = 4 |
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| subsid = |
| subsid = |
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| homepage = |
| homepage = {{URL|gevernova.com/power-conversion}} |
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| footnotes = |
| footnotes = |
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}} |
}} |
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'''GE Power Conversion''' is |
'''GE Power Conversion''', formerly '''Converteam''', is a French electrical engineering company and is a subsidiary of [[GE Vernova]]. GE Power Conversion's global headquarters is located in the [[Paris-Saclay]] [[Research-intensive cluster|research-intensive]] and [[business cluster]], south of [[Paris]], in the [[Île-de-France]] region. |
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==History== |
==History== |
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{{Disputed section|date=July 2011}} |
{{Disputed section|date=July 2011}} |
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In 1989 parts of the British [[General Electric Company |
In 1989, parts of the British [[General Electric Company]] merged with parts of Compagnie Générale d'Electricité (now [[Alcatel-Lucent]]) forming [[Cegelec]] (part of [[Alstom|GEC-Alsthom]]), in the same year, a subsidiary of the German ''Allgemeine Elektrizitäts-Gesellschaft'' ([[AEG (German company)|AEG]]) had merged with the American Westinghouse Drive Systems.{{Dubious|date=July 2011}}{{Citation needed|date=July 2011}}{{Synthesis inline|date=July 2011}} In 1995, these two groupings merged to form CEGELEC Industrial Systems Group. In 1999, it changed its name to Alstom Power & Conversion, then on 10 November 2005, it became a separate company from [[Alstom]]. |
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On 29 March 2011 it was announced that a 90% stake in Converteam was to be bought by [[GE Energy]] for $3.2 billion.<ref>[https://dealbook.nytimes.com/2011/03/29/ge-to-buy-converteam-for-3-2-billion/ G.E. to Buy Converteam for $3.2 Billion]</ref> This deal was completed on 2 September 2011 |
On 29 March 2011, it was announced that a 90% stake in Converteam was to be bought by [[GE Energy]] for $3.2 billion.<ref>[https://dealbook.nytimes.com/2011/03/29/ge-to-buy-converteam-for-3-2-billion/ G.E. to Buy Converteam for $3.2 Billion]</ref> This deal was completed on 2 September 2011. |
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==Company structure and operations== |
==Company structure and operations== |
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{{Unreferenced section|date=April 2017}} |
{{Unreferenced section|date=April 2017}} |
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It has five divisions: |
It has five divisions: |
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* Converteam SAS in France |
* GE Energy Power Conversion Group SAS (former Converteam SAS) in France |
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* Converteam GmbH in Germany (based in Berlin) |
* GE Energy Power Conversion GmbH (former Converteam GmbH) in Germany (based in [[Berlin]]) |
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* Converteam UK Ltd in the United Kingdom (based in [[Rugby, Warwickshire|Rugby]]) |
* GE Energy Power Conversion UK Ltd (former Converteam UK Ltd) in the United Kingdom (based in [[Rugby, Warwickshire|Rugby]]) |
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* Converteam UK Ltd in the United Kingdom (based in Kidsgrove) |
* GE Energy Power Conversion UK Ltd (former Converteam UK Ltd) in the United Kingdom (based in [[Kidsgrove]]) |
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* Converteam Inc. in the |
* GE Energy Power Conversion Inc. (former Converteam Inc.) in the US (based in [[Pittsburgh]]) |
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***As of March 2017 GE closed the Kidsgrove factory (known as both the Power Electronics Centre of Excellence alongside the Low Voltage Manufacturing Centre of excellence) after announcing mass redundancy, all work was moved to an empty factory in Berlin to bolster their workload. (A short number have been kept as an insurance policy for Siemens wind power for an extra year and are based now in Stafford, however GE announced there to be no Power Electronics engineering presence to remain in the UK, which lead to all skilled staff being redundant.) first announced by Stephan Reimelt the then CEO of GE power conversion who shortly after left that post to become CEO of power conversion specifically for Germany, and was then set to receive all of the work taken from the UK plant. Meetings were held with George Kunder who described himself as having "a large seat at the table" for reversing the decision, however no willingness was shown by the company to investigate any other means of protecting the UK workforce, it was also announced at this time that the figures presented to GE head management were based on out of date costing and margins which intentionally made the local situation appear worse than it actually was. |
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The new CEO Azeez was approached and requested to show up on site but however refused. |
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Both the European works council and unite the union have been linked to legal action against GE, due to GE breaking the terms of the consultation period and forcing closure prematurely, it is not yet understood what effect this will have on the company, or what compensation it may bring to the former workers who did not sign their rights away under the company gag clause. |
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For any who may be interested, the local site historian Mark Woods has, and continues to work on a fantastic document that reflects the history of the site from its creation back in the 1950s to its death under GE. Under this time it created a multitude of products including; |
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GEM80 |
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MV3000 |
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GD2000/3000 & 4000 |
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CDC CONTROL SYSTEM |
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DC3000 |
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==Products== |
==Products== |
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The |
The division focuses on electrical motors ([[Induction motor|induction]] and [[Synchronous motor|synchronous]]) and [[Electric generator|generators]], and its product range is comprehensive. Drives for low voltage as well as medium voltage applications are available for industry-specific applications, and products can be customized upon request. Meanwhile, its generators are often found in fossil fuel power stations.{{citation needed|date=July 2014}} The company also provides the Vessel Automation Systems and Dynamic Positioning Systems for ships. |
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The products are known for high operational efficiency and longevity. In addition to building and installing these products, this division also provides consultancy and maintenance services. |
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===Electric ship propulsion=== |
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The company produced the induction motors for the Royal Navy's {{HMS|Daring|D32|6}} class [[Type 45 destroyers]]. (commissioned from July 2009) which are controlled by [[variable-frequency drive]]s, and 20 MW generators.<ref>{{Cite web |title=Type 45 Destroyer – Daring Class World's First Full Electric Propulsion Combatant Ship {{!}} GE Power Conversion |url=https://www.gepowerconversion.com/case-study/type-45-destroyer-daring-class-worlds-first-full-electric-propulsion-combatant-ship |access-date=2022-08-26 |website=gepowerconversion.com |language=en}}</ref> This technology has also been installed on [[LNG carrier]]s, the French {{sclass|Mistral|amphibious assault ship|1}}s, and the [[Royal Navy]]'s {{sclass|Queen Elizabeth|aircraft carrier|1}}s.<ref>{{Cite web |title=GE Power Conversion – Industry – Naval {{!}} GE Power Conversion |url=https://www.gepowerconversion.com/industries/Marine/Naval |access-date=2022-08-26 |website=gepowerconversion.com}}</ref> The company is also developing an [[Electromagnetic Aircraft Launch System]] for the Royal Navy's new aircraft carriers.{{Citation needed|date=July 2011}} |
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==References== |
==References== |
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==External links== |
==External links== |
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* |
*{{Official website|http://www.gepowerconversion.com/}} |
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{{GE Vernova}} |
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{{GE}} |
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[[Category:Electrical engineering companies of France]] |
[[Category:Electrical engineering companies of France]] |
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[[Category:Electronics companies established in 2005]] |
[[Category:Electronics companies established in 2005]] |
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[[Category:French companies established in 2005]] |
[[Category:French companies established in 2005]] |
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[[Category:2011 mergers and acquisitions]] |
Latest revision as of 17:38, 31 July 2024
Company type | Subsidiary |
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Industry | Electrical engineering |
Predecessor | Converteam (2011) |
Founded | November 10, 2005 |
Headquarters | Paris-Saclay (Villebon-sur-Yvette), Île-de-France, France |
Number of locations | 14 countries |
Area served | Global |
Key people | Philippe Piron (CEO)[1] |
Products | VFDs, electric generators and induction motors |
Number of employees | 5,300 |
Parent | GE Vernova |
Divisions | 4 |
Website | gevernova |
GE Power Conversion, formerly Converteam, is a French electrical engineering company and is a subsidiary of GE Vernova. GE Power Conversion's global headquarters is located in the Paris-Saclay research-intensive and business cluster, south of Paris, in the Île-de-France region.
History
[edit]This section's factual accuracy is disputed. (July 2011) |
In 1989, parts of the British General Electric Company merged with parts of Compagnie Générale d'Electricité (now Alcatel-Lucent) forming Cegelec (part of GEC-Alsthom), in the same year, a subsidiary of the German Allgemeine Elektrizitäts-Gesellschaft (AEG) had merged with the American Westinghouse Drive Systems.[dubious – discuss][citation needed][improper synthesis?] In 1995, these two groupings merged to form CEGELEC Industrial Systems Group. In 1999, it changed its name to Alstom Power & Conversion, then on 10 November 2005, it became a separate company from Alstom.
On 29 March 2011, it was announced that a 90% stake in Converteam was to be bought by GE Energy for $3.2 billion.[2] This deal was completed on 2 September 2011.
Company structure and operations
[edit]It has five divisions:
- GE Energy Power Conversion Group SAS (former Converteam SAS) in France
- GE Energy Power Conversion GmbH (former Converteam GmbH) in Germany (based in Berlin)
- GE Energy Power Conversion UK Ltd (former Converteam UK Ltd) in the United Kingdom (based in Rugby)
- GE Energy Power Conversion UK Ltd (former Converteam UK Ltd) in the United Kingdom (based in Kidsgrove)
- GE Energy Power Conversion Inc. (former Converteam Inc.) in the US (based in Pittsburgh)
The company also operates the Engineering Development Center in India, and has subsidiaries in BRIC countries: Converteam Brazil and Converteam China.
Products
[edit]The division focuses on electrical motors (induction and synchronous) and generators, and its product range is comprehensive. Drives for low voltage as well as medium voltage applications are available for industry-specific applications, and products can be customized upon request. Meanwhile, its generators are often found in fossil fuel power stations.[citation needed] The company also provides the Vessel Automation Systems and Dynamic Positioning Systems for ships.
The products are known for high operational efficiency and longevity. In addition to building and installing these products, this division also provides consultancy and maintenance services.
Electric ship propulsion
[edit]The company produced the induction motors for the Royal Navy's HMS Daring class Type 45 destroyers. (commissioned from July 2009) which are controlled by variable-frequency drives, and 20 MW generators.[3] This technology has also been installed on LNG carriers, the French Mistral-class amphibious assault ships, and the Royal Navy's Queen Elizabeth-class aircraft carriers.[4] The company is also developing an Electromagnetic Aircraft Launch System for the Royal Navy's new aircraft carriers.[citation needed]
References
[edit]- ^ "Energy Management Leadership". GE Energy Management. Archived from the original on 2 February 2014. Retrieved 29 January 2014.
- ^ G.E. to Buy Converteam for $3.2 Billion
- ^ "Type 45 Destroyer – Daring Class World's First Full Electric Propulsion Combatant Ship | GE Power Conversion". gepowerconversion.com. Retrieved 26 August 2022.
- ^ "GE Power Conversion – Industry – Naval | GE Power Conversion". gepowerconversion.com. Retrieved 26 August 2022.