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Banholzer said successful energy startups are those that partner with large companies, such as Dow Chemical or General Electric, to aid them bring products to market, both with capital and business expertise.
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It's true for General Motors, Dow Chemical, Caterpillar and conglomerates like DuPont and GE.
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U.S. Steel, General Electric and Dow Chemical were among the winners.
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Mark Henning, global general manager of a Dow Chemical Co. unit, says he was equally humbled during his own recent assessment and coaching experience.
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Meanwhile, companies like General Electric, Kodak, Dow Chemical and Ingersoll-Rand have indicated that they will displace American jobs by supplying the domestic market and markets in other countries with exports from their Chinese factories.
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JPMorgan Chase, Caterpillar, and General Electric were the top losers among Dow components.
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In 1989 Dow's materials-engineering center beat out General Electric for the chance to build, using plastics, a riding lawn mower for John Deere.
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The Nasdaq Composite dipped by 2.9% during the week, but the Dow Jones was buffered by an optimistic long-term outlook from General Electric.
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Of the remaining eleven Dow components, only Boeing ( BA) (10.6%) and General Electric ( GE) (15.8%) have more than 10% upside over the next twelve months.
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General Electric is the only one of the first 12 stocks that were included on the original Dow Jones Industrial Average in 1896 that still has a spot on that index today.
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However, if an investor had purchased stock in the 30 components of the Dow in 1990 that were all deploying ERP, that investor would have benefited from a 35% decline in General and Administrative costs as a percentage of revenues, a five-fold increase in revenues as automation enabled massive scale, and an almost eight-fold increase in market cap.
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