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Current was established by General Electric on October 7, 2015, as a startup subsidiary. [1] [2] It began with more than $1 billion of revenue with the expectation to grow the business to a $5 billion business by 2020. [3] On April 21, 2016, Current acquired the building automation company Daintree Networks for $77 million.
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The electrical energy generation mix in 2023 was 43.7% natural gas, 32.5% nuclear, 13.7% coal, 7.1% hydroelectric, 2.2% biomass, and 0.8% solar. [1] The state is the second largest hydroelectric producer in the eastern U.S. (after New York), and its Browns Ferry Nuclear Plant is the nation's second largest nuclear generating facility.
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A smaller rental telephone refurbishment operation was also moved to the Huntsville plant in the 1970s. The plant was closed in the mid-1980s as domestic labour and production costs rose sharply against overseas competitors. [4] In Canada, Automatic Electric acquired Phillips Electric Works, a cable factory in Brockville, Ontario, in 1930.
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Adtran, Inc. is an American fiber networking and telecommunications company headquartered in Huntsville, Alabama. It is a vendor of networking solutions that address a range of applications. Its customers include communications service providers, governments, enterprises and utilities.
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