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.