Mining Magazine December 2014 | Page 16

TECHNOLOGY
Since 1889 , General Electric ( GE ) has provided millions of homes , offices , factories and retail facilities with electricity . But the company is much more than just an electric company .
GE , which operates through a variety of segments such as Energy , Technology Infrastructure , and Capital Finance , has been leading the mining industry into a safer , cleaner and quieter future . Through the company ’ s Transportation division , GE Mining is working to maximize resources and drive efficiencies through cutting-edge technology to make mining work better .

“ We ’ re getting rid of the diesel emissions , we ’ re getting rid of the noise , the heat , and the battery changing is really quick ”

- GE Mining Engineer Remi Desrosiers
How they do it For more than a half a century , General Electric has been working to solve the world ’ s toughest mining challenges . Since its inception , GE Mining has been dedicated to transforming the archaic mining industry by developing newer and improved technologies .
In 2012 , the company acquired Fairchild International , a leading manufacturer of underground mining vehicles in Virginia . The acquisition was part of a development programs to expand GE Mining ’ s product offering to address roughly 35 percent of the underground mining value chain .
“ We highly value the industry knowledge and expertise in designing , building and servicing underground mining equipment that Fairchild brings to GE Mining ,” said Lorenzo Simonelli , President and CEO of GE Transportation . “ With GE ’ s global reach , technology leadership in clean propulsion and energy storage systems , and world-class system integration capabilities , we will bring the next generation of top performing underground mining equipment to customers worldwide .”
Since the acquisition , GE ’ s
16 D ecember 2014