General Electric's Nela Park campus Courtesy of GE

With Lighting On the Block and a New Hand On the Helm, GE Speculation Surges

The U.S. electrical industry has been buzzing with speculation about the direction of one of its foundational companies following announcements over the past two weeks that General Electric is looking for a buyer for GE Lighting and that long-time chief executive Jeffrey Immelt will step down in August.

Rumors have circulated for years that GE would part ways with another of the business lines on which it rose to be one of the most recognized brands in the world. Ever since the compan

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