Mark VI-ITCC technology to be used for the first time in India
New Delhi, September 13, 2006 - GE Energy's Optimization and Control business has won an order from GAIL (India) Limited to supply GE's Mark VI control systems featuring Integrated Turbine Compressor Control (ITCC) technology for a retrofit project at GAIL's liquefied petroleum gas processing plant in Vijaypur in Madhya Pradesh. This is the first-ever installation of this technology in India.
NORWALK, Conn. & HONG KONG--(BUSINESS WIRE)--Sept. 12, 2006--GE Commercial Finance - Global Media & Communications today announced that it has committed $20 million to Xinhua Finance Limited (XFL) as part of a broader $70 million facility to be used by the company for acquisitions and debt refinancing. XFL is a leading provider of China's indices, ratings, financial news, investor relation services, financial information and media services.
NORWALK, Conn. & HONG KONG--(BUSINESS WIRE)--Sept. 12, 2006--GE Commercial Finance - Global Media & Communications today announced that it has committed $20 million to Xinhua Finance Limited (XFL) as part of a broader $70 million facility to be used by the company for acquisitions and debt refinancing. XFL is a leading provider of China's indices, ratings, financial news, investor relation services, financial information and media services.
Calgary, AB -- September 12, 2006: The Faculty of Fine Arts at the University of Calgary will open its new, state-of-the-art multimedia laboratory today thanks to a $100,000 gift from NBC Universal Canada. Located in the Art Building, sixth floor, the new NBC Universal Canada Multimedia Lab will enhance the Faculty's creative approach to art that integrates traditional art forms with new multimedia techniques and technologies. The unveiling will take place at the new Lab at 10:30am MDT.
STAMFORD, Conn.--(BUSINESS WIRE)--Sept. 10, 2006--GE Money, the global consumer lending unit of General Electric Company, announced today the appointment of Mike Cutter to president and CEO of GE Money -- Australia & New Zealand. Cutter succeeds Thomas C. Gentile, who was recently appointed as SVP Global Marketing for GE Money. Cutter will report directly to David R. Nissen, president and CEO of GE Money.
FAIRFIELD, Conn.--(BUSINESS WIRE)--Sept. 8, 2006--The Board of Directors of General Electric Company (NYSE:GE) today authorized a regular quarterly dividend of $0.25 per outstanding share of the Company's common stock. The dividend is payable October 25, 2006 to shareowners of record at the close of business on September 25, 2006. The ex-dividend date is September 21, 2006.
Kuala Lumpur, September 7, 2006 -- GE Healthcare and Inno Biologics Sdn. Bhd. (Inno Biologics) today announced their collaboration in training, technology updates and support services with the signing of a Memorandum of Agreement (MOA).
Inno Biologics is Malaysia's first cGMP biopharmaceutical plant. This MOA sees a long-term private sector-government collaboration for breakthrough technology and knowledge transfer that will nurture a sector touted by the government as the new engine of economic growth.
CHICAGO--(BUSINESS WIRE)--Sept. 6, 2006--GE Antares today announced it is serving as the administrative agent for $38 million senior secured credit facilities to support the acquisition of SafeWorks LLC ("SafeWorks") by Wynnchurch Capital ("Wynnchurch"). GE Capital Markets is serving as lead arranger of the facility.
