Charlottesville, VA, June 12, 2002 -- GE Fanuc Automation celebrates today the 15th 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."