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Press Release

Aerospace Suppliers Ramping Up To Meet Surging Orders, Says GE Capital

November 07, 2014

CHICAGO - November 7, 2014 - The aerospace supply industry is still in the early days of a long-term boom in orders, say industry participants at a recent suppliers summit hosted by GE Capital at GE Aviation’s headquarters in Cincinnati, OH.


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Press Release

GE Antares Capital Finances Kohlberg & Company's Acquisition of PPC Industries, Inc.

November 07, 2014

CHICAGO - November 7, 2014 - GE Antares, a unit of GE Capital, announced today it is serving as administrative agent on a $160 million senior secured credit facility to support the acquisition of PPC Industries, Inc. by Kohlberg & Company. GE Capital Markets served as lead arranger and bookrunner on this facility.


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Press Release

GE Expands DualDLynx* Series with New Dual 6-Amp Point-of-Load Modules

November 06, 2014
  • Independent Power Train (IPT) Feature Provides Two Independent Outputs in a Single Module, Enabling Flexibility and Reduced Design Time
  • Enhanced Digital Features Reduce Board Space Requirement and the Need for External Components

DALLAS - Nov. 6, 2014 - GE’s Critical Power business (NYSE: GE) today introduced its UDXS0606 and UVXS0606 non-isolated point-of-load (POL) power modules.


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GE Hitachi Selected by U.S. Department of Energy to Lead Advanced Reactor Research and Development Project

November 06, 2014

WILMINGTON, NC-November 6, 2014-The U.S. Department of Energy (DOE) has selected GE Hitachi Nuclear Energy (GEH) to lead a research and development project to support advanced reactor technology development. GEH will receive a multi-million dollar federal investment to develop an updated safety assessment of the company’s PRISM sodium-cooled fast reactor.


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GE Oil & Gas Planning $60M Investment in Lufkin, Texas, Foundry to Better Meet Global Demand for Well Production Equipment and Power Transmission Equipment

November 06, 2014
  • Company Planning Overhaul of 112-Year-Old Foundry
  • Upgrades to Improve Production Efficiency, Quality and Delivery Capabilities
  • Investment Reflects GE’s Continued Commitment to Lufkin, Texas, Workforce and Community

LUFKIN, TEXAS-November 6, 2014-Seeking to improve and sustain its manufacturing capabilities to meet the growing demand for oil and gas production and power transmission equipment, GE Oil & Gas (NYSE: GE) today announced it plans to invest $60 million in expanding and modernizing its foundry operations in Lufkin, Texas.


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GE Capital Is Platinum Sponsor Of Education-focused Rv Dealer Convention & Expo

November 05, 2014

CHICAGO, NOV. 5, 2014 -GE Capital, Commercial Distribution Finance (CDF), a leading provider of recreational vehicle (RV) dealer financing across North America, is a platinum sponsor of the RV Dealers International Convention and Expo, held in Las Vegas November 10-14 at Bally’s Hotel & Casino. Sponsored by the Recreational Vehicle Dealers Association (RVDA), the event gathers together RV dealers to learn the industry's latest trends and best practices.


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New Sheriffs in Town: GE's Crotonville Training Center Welcomes Five Law Enforcement Leaders for Executive Education

November 05, 2014

GE Healthcare and the Major County Sheriffs’ Association join forces in executive leadership program


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Lawn & Garden Companies Look to Stock More Inventory and Grow Sales, According to GE Capital Survey

November 05, 2014

CHICAGO, Nov 5, 2014 - Lawn and garden companies are feeling optimistic about 2015, according to a survey conducted by GE Capital, Commercial Distribution Finance (CDF). Twenty-two percent of respondents think sales will grow 15 percent or more, with an additional 22 percent expecting growth between 10-15 percent and 38 percent expecting growth between 5-10 percent.


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GE Helps UK Utilities Meet Smart Metering Legislation Requirements

November 04, 2014
  • SGM1300 Electricity Meter Meets U.K.-Legislated Requirements and Industry-Standard IEC Specifications
  • Provides up-to-Date Electricity and Gas Meter Readings to Consumers and Utilities and Delivers More Reliable and Accurate Billing Information
  • Meter Design Makes Installation Faster and Easier for Utilities

AMSTERDAM-November 4, 2014-GE’s Digital Energy business (NYSE: GE) today announced that it is prepared to help U.K. utilities meet new government requirements mandating smart meters in every home.


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GE Antares Capital Finances Snow Phipps' Acquisition of Teasdale Quality Foods, Inc.

November 03, 2014

CHICAGO - November 3, 2014 - GE Antares, a unit of GE Capital, announced today it is serving as administrative agent on a $104 million senior secured credit facility to support the acquisition of Teasdale Quality Foods, Inc. by Snow Phipps Group, LLC. GE Capital Markets served as lead arranger and bookrunner on this facility.


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