GE has announced the closure of a traditional lighting factory

GE has announced the closure of a traditional lighting factory

Summary

the factory production of traditional lighting products is obsolete, and the current capacity utilization of this plant is only 80%

GE has announced the closure of a traditional lighting factory

Following the outgoing CEO of GE Lighting in the internal e-mail announcement from November 30, GE Lighting will terminate all direct business in Asia and Latin America, foreign media has revealed that GE lighting will announced internally it would close its Bristol Dodgeville's bulb factory. This is GE's third announcement of the closure of factories lighting this year, this traditional lighting factory was founded in 1948.

GE spokesman Alicia Gauer revealed that if the union agreed that the company will officially close the above factory in August 2017. GE Lighting in a press released that the closure plan is based on the past decade, the trend fast conversion from the traditional lighting products, including incandescent, halogen and fluorescent lighting to LED.

In order to increase efficiency and stay competitive in the market, the factory is planning to phase out the production of traditional lighting products and introduce new and innovative products. This shift in production will not only help in maximizing the existing resources but also cater to the changing demands of the customers. The management is currently in the process of researching and developing these new products, and is confident that this strategic decision will lead to a boost in production capacity utilization. By embracing change and adapting to the evolving market trends, the factory aims to continue its legacy of delivering high-quality products to its customers while staying ahead of the curve in the industry.