004_page 5

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Title	037_Reed, Charles
Creator	Stewart Library, Weber State University
Contributors	Funded through the generous support of the Edmund W. and Jeannik M. Littlefield Foundation.
Description	This is a myriad of items throughout the UC/UI collection. It includes the minutes of the stockholder's meetings with both Utah International and General Electric, correspondence, a reel-to-reel tape of the merger meeting and the official merger documents.
Subject	Utah International Inc. Notes; General Electric Corporation; Littlefield, Edmund W. (Edmund Wattis), 1914-2001; Jones, Reginald H. (Reginald Harold), 1917-2003
Digital Publisher	Stewart Library, Weber State University
Date Original	1973; 1974; 1975; 1976; 1977; 1978
Date	1973; 1974; 1975; 1976; 1977; 1978
Date Digital	2009
Item Description	4.25 x 6.5 - 8.5 x 11 in. handwritten or typed on paper
Type	Text
Conversion Specifications	Archived TIFF images were scanned at 400 dpi with an Epson Expression 10000XL scanner. JPG and PDF files were then created for general use.
Language	eng
Relation	http://library.weber.edu/asc/ucc/regindex/documents/Register.pdf
Rights	Materials may be used for non-profit and educational purposes; please credit Special Collections Department, Stewart Library, Weber State University.
Source	MS 100 Box 2b, 23, 44-45, 242, 250, 268
Format	application/pdf
ARK	ark:/87278/s6ze2vfh
Setname	wsu_ui_ge
ID	43666
Reference URL	https://digital.weber.edu/ark:/87278/s6ze2vfh

Page Metadata

Title	004_page 5
Creator	Stewart Library, Weber State University
Contributors	Funded through the generous support of the Edmund W. and Jeannik M. Littlefield Foundation.
Description	This is a myriad of items throughout the UC/UI collection. It includes the minutes of the stockholder's meetings with both Utah International and General Electric, correspondence, a reel-to-reel tape of the merger meeting and the official merger documents.
Subject	Utah International Inc. Notes; General Electric Corporation; Littlefield, Edmund W. (Edmund Wattis), 1914-2001; Jones, Reginald H. (Reginald Harold), 1917-2003
Digital Publisher	Stewart Library, Weber State University
Date Original	1973; 1974; 1975; 1976; 1977; 1978; 1979; 1980; 1981; 1982; 1983
Date	1973; 1974; 1975; 1976; 1977; 1978; 1979; 1980; 1981; 1982; 1983
Date Digital	2009
Item Description	4.25 x 6.5 - 8.5 x 11 in. handwritten or typed on paper
Type	Text
Conversion Specifications	Archived TIFF images were scanned at 400 dpi with an Epson Expression 10000XL scanner. JPG and PDF files were then created for general use.
Language	eng
Relation	http://library.weber.edu/asc/ucc/regindex/documents/Register.pdf
Rights	Materials may be used for non-profit and educational purposes; please credit Special Collections Department, Stewart Library, Weber State University.
Source	MS 100 Box 2b, 23, 44-45, 242, 250, 268
OCR Text	Show 5- Q. When was this trend identified? A. We inaugurated our first wide-ranging energy study back in 1970. Q. The conclusion? A. The conclusion was there is going to be a long-term energy problem. Oil and gas terribly under-priced and being extravagantly utilized from the country's point of view. Recognizing that foreign dependence is less acceptable politically. Q. OPEC price rise anticipated? A. I'm sure we didn't. In looking backward you wonder why OPEC was so long in coming. Q. After the study, did that identify the fact that generating equipment growth rate would slow? A. A debate within the Company. Central staff identified the fact. Power generation people accepted it more slowly. Classical 7% growth rate is gone. Growth rate year to date in 1977 is 6.7%. Just like 3 l/2 % compounded growth rate for total energy is gone. (Explanation of growth of peak load electrical growth rate to determine how much generating equipment is needed.) Q. In talking of post-industrial society, some of these things don't have much to do with GE. A. You might say what does Utah have to do with GE. Certainly no compelling connection. But we see it again as part of the overall trends. Inflation hedge in raw materials. Q. At what point did strategic planning pinpoint mining? A. I think you have a confluence of influence in this case. On one point GE was poised to take advantage of opportunities in new businesses. For years we had been talking about how we could do better for ourselves in copper. We studied it and studied it and came to the conclusion we were not ready to backward integrate. Now we have been in tungsten and mica field in the past. Always potential ventures. It so happened we were close to Utah through Ed Littlefield. It was a case of where the ground was fertile for growth of a new seed that might fall on it. Q. Did strategic planning studies pinpoint mining? A. It pinpointed lots of things which we might do and backward integration into those minerals strategically important to GE were high on the list. In tungsten we had that new venture before Utah.
Format	application/pdf
Setname	wsu_ui_ge
ID	43996
Reference URL	https://digital.weber.edu/ark:/87278/s6ze2vfh/43996