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General-Electric Press Releases |
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20th December, 2006
GE, Sumitomo Electric Industries Enter Research Collaboration to Develop Industrial Equipment Using Higher Temperature Superconducting Materials
NISKAYUNA, N.Y.--(BUSINESS WIRE)--GE Global Research, the centralized research organization of the General Electric Company (NYSE: GE), today announced it has reached agreement on a collaborative research effort with Sumitomo Electric Industries (SEI) to develop industrial equipment using higher temperature superconducting materials ...
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20th December, 2006
GE Enters into Agreement to Sell Hydro Business to Pescarmona Group of Companies (PGC)
ATLANTA--(BUSINESS WIRE)--GE (NYSE: GE) today announced that it has signed a definitive agreement to sell GE Energy’s hydro business to Pescarmona Group of Companies (PGC), a multinational, privately held group with a strong focus on the hydro industry, in which it has been operating for 100 years through its company, IMPSA ...
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20th December, 2006
CalAmp Selected to Provide Key Component for GE Security's New Fleet Tracking Service
OXNARD, Calif. & BRADENTON, Fla.--(BUSINESS WIRE)--CalAmp Corp. (Nasdaq:CAMP), a leading provider of wireless products and engineering services, and GE Security, Inc., a wholly-owned indirect subsidiary of the General Electric Company (NYSE:GE), today announced that CalAmp will provide a key system component for GE Security’s new mobile resources management service, NavLogix™ ...
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19th December, 2006
GE - Global Media
NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance – Global Media & Communications today announced that it has served as administrative agent for a $275 million credit facility for MultiCultural Radio Broadcasting, Inc ...
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18th December, 2006
GE Names John F. Lynch Senior VP of Human Resources
FAIRFIELD, Conn.--(BUSINESS WIRE)--GE Chairman and CEO Jeff Immelt today announced the appointment of John F. Lynch as Senior Vice President of Human Resources. Lynch, 54, will succeed William J ...
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18th December, 2006
GE Elects Dr. Susan Hockfield to its Board of Directors
FAIRFIELD, Conn.--(BUSINESS WIRE)--The Board of Directors of the General Electric Company elected Dr. Susan Hockfield, President of the Massachusetts Institute of Technology (MIT), to its Board of Directors on Friday, December 15 ...
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14th December, 2006
Let the Music Play On: Lexan(1) Resin Helps Protect Holiday Electronics
PITTSFIELD, Mass.--(BUSINESS WIRE)--They’re primo on holiday wish lists; they’re pricey; and they’re precious to their owners. So after unwrapping an iPod or MP3 player that may cost upwards of $450, it’s important to safeguard these surprisingly delicate devices from being dropped, banged, or stepped on ...
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14th December, 2006
GE Signs Gas Turbine Contracts Valued over $950 Million for Three Projects in Saudi Arabia
ATLANTA--(BUSINESS WIRE)--GE Energy (NYSE: GE) announced it has signed three contracts with the Saudi Electric Company (SEC) worth in excess of $950 million to supply 23 F-class gas turbines and additional equipment for three power plants that will add 2,900 megawatts of capacity to the Kingdom’s electricity grid ...
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14th December, 2006
GE Antares Provides $275 Million Senior Credit Facility for Leading Manufacturer and Distributor of Specialty Bakery Products
CHICAGO--(BUSINESS WIRE)--GE Antares today announced it is serving as syndication agent for a $275 million senior secured credit facility to support the acquisition by Best Brands (the “Company”) of Telco Food Products Inc., and Brantley Partners’ recapitalization of the Company ...
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12th December, 2006
GE Reaffirms Fourth-Quarter and Full-Year 2006 EPS Guidance
FAIRFIELD, Conn.--(BUSINESS WIRE)--GE (NYSE: GE) expects to deliver double-digit growth in earnings per share (EPS) in 2006 and its eighth straight quarter of 2-3 times GDP organic revenue growth, and will enter 2007 with a portfolio of leadership businesses capable of producing sustainable high-quality earnings growth and expanding returns GE Chairman and CEO Jeff Immelt told investors today at the company's annual outlook meeting ...
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