GE to Merge Its Lighting and Appliances Businesses to Form GE Consumer Products

General Electric Co., Fairfield, Conn., said it will combine its GE Appliances and GE Lighting businesses into a single business, GE Consumer Products, to cut costs.

“Because Appliances and Lighting have powerful connections with a similar consumer base, we believe they will now be able to grow more successfully together than either would on its own,” said GE Chairman Jeff Immelt.

GE Consumer Products, with annual revenues of more than $8 billion, will be headquartered in Loui

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