GE Fanuc Automation celebrates 15-year anniversary

June 13, 2002
GE Fanuc Automation celebrated the fifteenth anniversary of the joint venture between parent companies GE Industrial Systems and FANUC LTD of Japan.


CHARLOTTESVILLE, Va., June 13, 2002 -- GE Fanuc Automation celebrated the fifteenth anniversary of the joint venture between parent companies GE Industrial Systems and FANUC LTD of Japan.

In the past 15 years, GE Fanuc has grown to have representation in more than 55 countries with major operating subsidiaries in the Americas, Europe, and Asia Pacific. With its empowered workforce, the company has doubled its sales, reduced costs, improved productivity and quality, and reduced cycle times. The company shares these results with employees through an annual profit-sharing program.

Honored by customers, media and government agencies, GE Fanuc has received more than 50 prestigious awards including: General Motors' Supplier of the Year Award, Best Plant Award from Industry Week, Chrysler's Quality Excellence Award, Department of Labor and President Clinton Workforce 2000 Model Facility, Award for Excellent Factories from Nihon Keizai Shimbun, Optimas Award for Partnership from Workforce, and U.S. Senate Productivity Award.

Additionally, GE Fanuc was one of the first companies in the U.S. to achieve ISO 9001 international quality certification from Underwriters Laboratories, the Canadian Standards Association and the British Standards Institute for its design, engineering, manufacturing, testing and marketing practices.

Recently, the company formed a new Global Solutions Business to assess, design, implement and monitor e-manufacturing systems that align factory floor operations with critical business goals. The new GE Fanuc Global Solutions Business combines the extensive knowledgebase of the worldwide GE and FANUC organizations with domain experience, web-centered software technologies, open architecture hardware and capital financing to drive turnkey, industry-based manufacturing solutions.

"GE Fanuc has taken its foundation as a world-class automation components supplier and expanded to form a solutions organization that addresses the critical business issues that companies face every day," said Charlene Begley, president and CEO of GE Fanuc. "On this fifteenth anniversary, we are proud to offer customers solutions that improve quality; reduce cycle times; increase productivity, equipment uptime and inventory turns; and facilitate collaboration in the global manufacturing supply chain."

About GE Fanuc Automation
GE Fanuc Automation North America Inc., is a global supplier of automation solutions and is a joint venture between GE and FANUC, LTD of Japan. GE Fanuc products and services include CIMPLICITY collaborative product in management software, nano to high-end PLCs, a wide range of CNCs, motion control, operator interfaces, industrial computers, lasers, and a wide range of integration and customer support services. Headquartered in Charlottesville, Va., GE Fanuc is part of GE Industrial Systems. For more information, visit www.gefanuc.com.

About GE Industrial Systems
GE Industrial Systems spans the globe as an industry leader in integrated industrial equipment, systems and services. The business brings to customers the latest technological products used to distribute, protect and control electrical power and equipment, and provides innovative product and service solutions for commercial, industrial, residential and utility applications. Headquartered in Plainville, Connecticut, USA, GE Industrial Systems is one of the major businesses of the General Electric Company.

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