Appliance Design - August 2008 - (Page 7)

NEwS watch Lighting and Industrial — to existing GE shareholders. The company announced on May 16 that a spin-off was one possible outcome of the strategic review of its Appliances division. “As we explored our options for Appliances, it became clear that the fastest, most efficient step we could take in completing the transformation of our Industrial portfolio would be to focus on a possible spin-off of the entire unit,” GE Chairman and CEO Jeff Immelt said. “This is consistent with the strategy we have been executing to transform the GE portfolio for long-term growth and makes sense for GE shareholders.” “While we will continue to consider all opportunities for Consumer & Industrial, focusing on a spin-off makes sense for these great businesses as well. They have integrated processes, distribution, and backroom operations,” Immelt said. “Consumer & Industrial would benefit by keeping a world-class leadership team intact, its employees together and would have the ability to control their own destiny. I am pleased that Jim Campbell and his team remain committed to this effort." dard 50-gal. electric water heater, which should help reduce carbon emissions associated with standard residential electric storage water heaters. GE and Oak Ridge National Laboratory entered into a Cooperative Research and Development Agreement. ORNL and GE will jointly test and market the units, which could be available in home improvement centers by late 2009. The initiative coincides with DOE’s announcement in April of the first ever Energy Star criteria for water heaters. According to DOE projections, Energy Star water heaters are expected to save Americans about $780 million in utility costs and avoid 4.2 million tons of carbon dioxide emissions in five years. GE is the first major brand to announce plans for a heat pump model that will be designed to meet the Energy Star criteria. High-Speed Value Problem: Cut thermal control costs without affecting reliability in inductive applications. 1 Involve a Pepi® sales engineer 2 Choose the right control 3 Customize to meet application needs Solution: Valstat™ thermal controls are in stock to lower costs and speed availability. Same Pepi® reliability. An even bigger value. There are a number of considerations that go into specing the right control for your application. If your biggest concern is cost, visit: www.pepiusa.com/prototype.html Only Pepi® thermostats and thermal protectors offer so many options in ﬁt, conﬁguration, cost and customization. For a close look send for our new Disc-Type and Conductive-Type Catalogs today. GE hybrid electric water heater. SUPER EFFIcIENt watER hEatER. The U.S. Department of Energy’s Oak Ridge National Laboratory and General Electric have collaborated to finalize, test, and market the first product from a major brand to meet DOE’s new Energy Star criteria for electric heat-pump water heaters. The GE Hybrid Water Heater is designed to be affordable and 50 percent more energy efficient than a stanwww.applianceDESIGN.com www.pepiusa.com Portage Electric Products, Inc. N. Canton, OH U.S.A. salesinfo@pepiusa.com • 1-888-GO4-PEPI applianceDESIGN AD07084Port.indd 1 August 2008 7 6/4/08 9:40:33 AM http://www.pepiusa.com/prototype.html http://www.pepiusa.com http://www.pepiusa.com http://www.appliancedesign.com

Table of Contents Feed for the Digital Edition of Appliance Design - August 2008

Appliance Design - August 2008 Contents Editorial Shipments/Forecasts News Watch Plastics Switches Noise & Vibration Control Joining New Products Design Marts Association Report: CEA Advertiser’s Index

Appliance Design - August 2008

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