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March 15th, 2004
GE's sandbox for scientists
Seeking to fend off its competitors and stay ahead of the technology curve, the company founded by Thomas Edison is placing big bets on long-term advanced research. The company has made a $100 million capital investment in the GE Global Research Center to renovate older labs, add a wing of "wet" labs for biotechnology and nanotechnology research, and build a lodge and conference center.
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