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GE GE Aerospace

162.71
3.01 (1.88%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
GE Aerospace NYSE:GE NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  3.01 1.88% 162.71 162.825 159.4205 161.39 5,030,409 01:00:00

Current by GE Reduces Lighting Energy Consumption by 50 Percent across More Than 50 FCA Plants and Dealerships

18/03/2019 12:55pm

Business Wire


GE Aerospace (NYSE:GE)
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From May 2019 to May 2024

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  • 5 million square foot Sterling Heights Assembly Plant is one of the largest automotive plants in the U.S.
  • LED adoption rates for the industrial segment projected to skyrocket to 76 percent by 2020
  • Wireless lighting controls are further reducing energy spend and preparing for future IoT capabilities

Current, powered by GE announced that its work at more than 50 FCA US LLC facilities and dealerships in North America is driving down lighting energy costs by more than 50 percent. The largest impact to-date has come from 18 FCA US manufacturing sites where 20,000 of Current’s Albeo* luminaires are now improving energy efficiency, with an additional 5,000 indoor and outdoor fixtures installed at 33 dealerships. This type of energy savings is why LED adoption rates in industrial spaces are expected to skyrocket from just 3 percent in 2014 to 76 percent in 2020 according to Frost & Sullivan.1

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190318005125/en/

Dodge Charger shows off its true colors under new LED lights at San Leandro Chrysler Jeep Dodge Ram in California. (Photo: Business Wire)

The automaker’s 5 million square foot Sterling Heights Assembly Plant in Michigan is one of the largest automotive plants in the U.S. with the technologically advanced manufacturing equipment. Current by GE created special anti-glare lenses and extended power supply solutions to address the scope and size of the plant.

The automotive industry has been an early adopter of intelligent environments, investing between $4 billion and $5 billion on smart infrastructure over the last five years. The automaker’s move to advanced LED solutions with wireless control capabilities addresses a need for real-time energy consumption data and flexibility. The company also pointed to the impact on employee satisfaction, productivity, maintenance savings and safety improvements.

“The commitment FCA US has made to sustainability at its manufacturing sites, dealerships and throughout its supply chain is absolutely industry leading,” said Rudy Calderon, Current by GE General Manager of Industrial. “Looking to the future, this LED infrastructure can serve as a digital foundation for task tuning, enhanced employee safety and business productivity.”

Beyond their manufacturing facilities, FCA is extending its sustainability commitment to its dealership network with 5,000 indoor and outdoor LED solutions. In addition to reducing operating costs with energy savings, the indoor LED lighting improves the showroom display environment and the outdoor lighting helps improve lot security and better displays vehicles at night.

“From digital energy management systems that track real-time consumption data and allow for plant-level analysis, to applications that could help with common industrial tasks like maintenance productivity and inventory management, companies like FCA are investing in flexible technology today that will help future-proof their operations tomorrow,” added Calderon.

1 https://www.currentbyge.com/ideas/automotive-digitization-time-to-shift-focus-to-intelligent-environments

About Current, powered by GECurrent is the digital engine for intelligent environments. A first-of-its-kind startup within the walls of GE (NYSE: GE), Current blends advanced LED technology with networked sensors and software to make commercial buildings, retail stores, industrial facilities and cities more energy efficient and productive. Backed by a broad ecosystem of technology partners, Current is helping businesses and cities unlock hidden value and realize the potential of their environments. www.currentbyge.com

Karen O’Neil, Current by GEKaren.Oneil@ge.com857-265-9113

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