Former Waukesha Engine transitions to new owner

By Freeman Staff

Jan. 25, 2019

Katherine Michalets/Conley Media

WAUKESHA — An Innio sign is draped over the former GE’s Distributed Power sign in Waukesha on Thursday.

In November, Austrian company Advent International completed the purchase of GE’s Distributed Power, which is now branded as Innio.

The transaction includes the Jenbacher and Waukesha product lines, the digital platform and related services offerings, with main operating sites in Austria, Canada and the United States.

Shaun Wiggins, president and CEO for Soteryx and spokesman for Innio, said the transition is going well.

“With the launch of Innio in November 2018, Innio is now a standalone energy company,” Wiggins said in an email. “The transition from GE is going very well and Innio’s leadership is very pleased with the progress to date.”

In 2018, GE Distributed Power gave notice to the Wisconsin Department of Workforce Development that it would lay off 235 employees in Waukesha at the end of August. This came after the announcement from parent company GE in September 2015 that it was going to stop manufacturing gas engines in Waukesha in favor of a new $265 million facility to be built in Welland, Ontario, Canada. The reason for the move, the company said, was because at the time, Congress had allowed the Export-Import Bank’s authorization to lapse.