NORWALK, conn.--(BUSINESS WIRE)--GE Commercial Finance - Corporate Lending today announced that it provided a $150-million revolving credit facility to KUMHO TIRE U.S.A., INC., the U.S. distributor of South Korea-based KUMHO TIRE CO., INC.--a $2-billion global tire manufacturer. GE Capital Markets is the sole agent, bookrunner and administrative agent on the facility. The loan will be used for working capital needs.
NORWALK, conn.--(BUSINESS WIRE)--GE Commercial Finance - Corporate Lending today announced that it provided a $150-million revolving credit facility to KUMHO TIRE U.S.A., INC., the U.S. distributor of South Korea-based KUMHO TIRE CO., INC.--a $2-billion global tire manufacturer. GE Capital Markets is the sole agent, bookrunner and administrative agent on the facility. The loan will be used for working capital needs.
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ATLANTA--(BUSINESS WIRE)--GE Energy's (NYSE: GE) first 7H gas turbine, one of the most efficient and advanced machines of its type in the world, has completed testing and is on its way to the Inland Empire Energy Center near Riverside, California, the commercial launch site for GE's 60-hertz H System™ technology.
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New PD Platinum Card Available Nationwide
KETTERING, Ohio--(BUSINESS WIRE)--American consumers are upgrading their technology to high-end electronic merchandise such as big screen televisions, digital cameras, video camcorders and laptop computers. Now, GE Money and PeachDirect have made it easier to make those purchases and other luxury items affordable thanks to a new private label financing program available this month.
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Dubai, September 25, 2006: GE's Oil & Gas business will supply six PG6581B (Frame 6B) gas turbines, equipped with dual fuel IGCC (integrated gasification combined-cycle) type combustion systems, to Qatar Shell GTL Ltd. for the Pearl GTL (gas-to-liquids) project in Ras Laffan Industrial City, Qatar.
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EVENDALE, OHIO -- September 25, 2006: Qatar Airways has ordered 40 high-thrust GE90 engines to power 20 longer-range Boeing 777s in an engine order valued at more than $750 million (USD).
Qatar Airways ordered 14 777-300ERs, powered by the GE90-115B; and six 777-200LR Worldliners, powered by the GE90-110B. Deliveries are scheduled to begin in 2007.
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HOUSTON, TEXAS - September 25, 2006 :- GE's Oil & Gas business has secured the first order for its new PGT25+G4 high-speed power turbine module, with Alliance Pipeline Limited Partnership of Calgary, Alberta.
The first G4 turbine module will be coupled with the enhanced LM2500+G4 gas generator from GE Energy's aeroderivative engine business and will be installed at Alliance's Windfall Compressor Station in Whitecourt, Alberta, replacing an existing unit at the site.
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FLORENCE, ITALY - September 25, 2006 :- GE's Oil & Gas business will supply six PG6581B (Frame 6B) gas turbines, equipped with dual fuel IGCC (integrated gasification combined-cycle) type combustion systems, to Qatar Shell GTL Ltd. for the Pearl GTL (gas-to-liquids) project in Ras Laffan Industrial City, Qatar.
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One of Eastern Europe's largest fertilizer manufacturers turns to advanced GE technologies to reduce costs and minimize use of potable water supplies
For Immediate Release:
TREVOSE, PA. (September 25, 2006) GE Water & Process Technologies, a unit of General Electric Company (NYSE:GE), is integrating major components of its advanced water treatment technologies portfolio to provide a complete seawater desalination and water reuse solution for one of Ukraine's largest ammonia fertilizer producers, the Odessa Port Plant.