Word: ge
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Dates: during 1990-1999
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There were new clients coming onboard as well. Florida Power & Light funded the pilot plant on Butternut Street. GE placed an order for more than $60,000 worth of Otisca Fuel to run a 4,000-h.p. coal-powered diesel locomotive. Westinghouse was interested in coal-powered turbine engines. So was GM, which developed an experimental coal-powered Cadillac, dubbed the Coal-dorado, that ran on Otisca Fuel. Five big companies -- GE, Norfolk Southern Railway, Eastern Fuels, Westmoreland Coal and Zurn Industries -- jointly invested $8 million in Smith and Keller's little outfit. In November 1984 Smith took a flight...
When Otisca's preferred stockholders, the five companies that had invested $8 million in the company, were asked to pony up the private portion of the doe matching grant, they bailed out. GE, the largest and most influential of the five, was more interested in the locomotive business, not in fixed boilers, which were the concern of the particular Energy Department office in Pittsburgh that sponsored the Otisca application. At Norfolk Southern, the two top corporate executives who had supported Otisca had retired and their successors were focusing on near-term marketing projects. Only one of the five, Zurn Industries...
...name in bulbs, General Electric, claims to have developed equivalent technology two decades ago, but chose not to pursue it. In 1986 GE executives toured Diablo Research and examined the E-Lamp project before Intersource obtained the marketing rights. But GE dismissed the idea that there was a market for a $20 light bulb...
...GE did not respond officially to the letter andmaintains that Seitz's influence in carbon 12development technology has been marginal...
...Seitz's assertions that he played a rolein GE are groundless," said Peter Van Avery,director of communications at the GE research anddevelopment center in Schenectady, N.Y. "It shouldbe noted that the scientific foundation for the'isotope effect' was established byothers--including predictions about its impact ondiamonds--well before he came on to the scene. Theinitial paper in the field was published by aSoviet scientist...