AI Data Centre Boom Sparks Global Hunt for Used Gas Turbines and Jet Engines
The rapid expansion of artificial intelligence (AI) data centres is triggering a global scramble for second-hand gas turbines, refurbished power equipment and repurposed jet engines as manufacturers struggle to meet soaring demand. With delivery...
GE Aerospace to Buy Castings Supplier CPP for $11.75 Billion
GE Aerospace said Tuesday it will acquire aerospace castings supplier Consolidated Precision Products (CPP) from investment firms Warburg Pincus and Berkshire Partners for $11.75 billion. The deal will give GE greater control over a...