General Electric Company  (GE) to Set up New Israeli R&D Center  
6/14/2011 7:51:01 AM

Globes -- General Electric (NYSE: GE), one of the world's largest companies, will open its a multidisciplinary R&D center in Israel, its eighth R&D center in the country, at an investment of $3-5 million. The R&D center will engage in research in medical devices, water, and clean energy.