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Press Release

GE Australia & New Zealand announces leadership changes

May 12, 2014

  • Long-term CEO to lead global Mining business
  • New CEO appointed to oversee local operations

GE today announced the appointment of its long-term CEO for Australia and NZ, Steve Sargent to the role of President and CEO of GE Mining, its global mining technology and services business. GE also announced the appointment of Geoff Culbert as President and CEO, GE Australia & New Zealand to succeed Mr Sargent.


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Mid-Market businesses upbeat, says 2014 GE Capital Mid-Market Report

May 01, 2014

  • GE Capital releases its fourth annual Australian Mid-Market Report
  • Mid-Market business growth outlook has increased since September 2013

Australian Mid-Market businesses are gearing up for managed growth. It's just one of the key findings of the 2014 GE Capital Australian Mid-Market Report launched today.


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First Quarter 2014 Earnings

April 17, 2014
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GE launches global challenge to find renewable energy solutions for seawater desalination

April 16, 2014

  • GE and Saudi Aramco launch global open innovation challenge
  • US$200,000 challenge to accelerate development of innovative solutions to increase energy efficiency of seawater desalination

GE ecomagination today launched a global open innovation challenge to accelerate the development of innovative solutions focused on increased energy efficiency in seawater desalination. Four winners will be awarded a prize of $50,000 each and the possibility of further commercialisation for the best ideas.


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GE completes acquisition of Thermo Fisher HyClone™

April 08, 2014

GE (NYSE:GE) announced today that it has completed the acquisition of Thermo Fisher's HyClone™ cell culture media and sera, and gene modulation and magnetic beads businesses. The acquisition allows GE to expand its offering of tools, technologies and services for the discovery and manufacture of innovative new medicines, vaccines and diagnostics in its growing Life Sciences business.

Commenting on the acquisition, Brian Hood, General Manager of GE Healthcare's A&NZ Life Sciences business was excited about the latest addition to the Life Sciences portfolio.


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GE Oil & Gas focuses on production optimisation, monitoring & diagnostics, and distributed gas solutions at APPEA

April 06, 2014

  • Distributed gas solutions to make fields more cost-effective and to reduce emissions
  • Advanced monitoring and diagnostic software solutions for subsea leak detection and onshore pumps
  • Optimisation technologies to increase output over the life of a well

GE Oil & Gas will showcase a range of its technology which supports the oil and gas sector when it exhibits at Australian Petroleum Production & Exploration Association (APPEA) Conference and Exhibition in Perth this week.


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GE Capital provides $300M cross-border financing facility to Accolade Wines

March 24, 2014

Secured lending package spans three continents, highlights trend to customised global financing

GE Capital, the global alternative finance provider dedicated to the mid-market, announces it has provided a US$300 million cross-border financing facility to Accolade Wines, the largest wine company by volume of wine sold in Australia and the UK.


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GE Capital provides $300M cross-border financing facility to Accolade Wines

March 24, 2014

Secured lending package spans three continents, highlights trend to customised global financing

GE Capital, the global alternative finance provider dedicated to the mid-market, announces it has provided a US$300 million cross-border financing facility to Accolade Wines, the largest wine company by volume of wine sold in Australia and the UK.


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GE Aviation expands Brisbane propeller maintenance, repair and overhaul facility

March 04, 2014

  • Investment in Propeller MRO facility for growing Asia Pacific region

GE Aviation today announced the expansion of its maintenance, repair and overhaul facility at Brisbane airport.

The expansion of the building, as well as capital, personnel and training investment will enable the base to complete Bombardier Q400* and Bombardier Q400 NextGen*, SAAB 340 and Fokker 50 propeller repairs for regional turboprop fleets in the Asia Pacific region.


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GE Aviation awarded $230m contract extension with Defence Materiel Organisation in support of the Royal Australian Air Force

March 03, 2014
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