FLORENCE, ITALY - August 10, 2006 :- GE Oil & Gas will supply Total E&P Indonesie with two gas turbine-driven turbocompressor trains for the Tunu Field Development Project, Phase 11 South, in the Mahakam Delta of East Kalimantan, Indonesia.
The Tunu 11 project is designed to boost the delivery of natural gas from the Tunu field to the PT Badak LNG plant in East Kalimantan, one of the world's largest LNG facilities.
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Thomas C. Gentile Named SVP Global Marketing for GE Money
STAMFORD, Conn.--(BUSINESS WIRE)--Aug. 7, 2006--GE Money, the global consumer lending unit of General Electric Company, announced today the appointment of Thomas C. Gentile to Sr. Vice President, Global Marketing. Mr. Gentile will report directly to David R. Nissen, president and CEO of GE Money.
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ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Aug. 8, 2006--GE Fanuc Embedded Systems:
-- 1 GHz Freescale MPC7447A or 1.4 MPC7448 PowerPC processor
-- Conduction-cooling and ruggedized options
-- Flexible I/O expansion
-- PICMG 2.16-compliant
-- Intelligent Platform Management Interface (IPMI) and hot swap capability
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NORWALK, Conn.--(BUSINESS WIRE)--Aug. 8, 2006--GE Commercial Finance - Global Media & Communications announced today that it has closed a $30 million senior credit facility for Long Lines, LLC, a leading rural communications company providing voice, data, video and wireless services to communities in Iowa, South Dakota and Nebraska. The financing will enable Long Lines to refinance existing debt and to fund the expansion of its GSM wireless network. GE Capital Markets served as sole lead arranger for the transaction, which closed July 31.
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CHICAGO--(BUSINESS WIRE)--Aug. 8, 2006--GE Antares today announced it is the administrative agent for an amended and restated $250 million senior secured revolving credit facility to support the refinancing of H&E Equipment Services, Inc. ("H&E"), (NASDAQ HEES). GE Capital Markets served as sole lead arranger for the credit facilities.
H&E will use the credit facility to meet its future working capital and general corporate needs.
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LAKEWOOD, Colo.--(BUSINESS WIRE)--Aug. 8, 2006--GE Money, a unit of General Electric, has named Orlando Zayas as president of GE Auto Warranty Services, a leading provider of vehicle service contracts.
Zayas comes to the position from GE Money's Benefit Solutions business, where he developed and grew a strategy aimed at helping employees of small to mid-size businesses cope with spiraling healthcare and legal costs. He has a track record of growth, achieving a revenue increase of more than 40 percent in a key product area.
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NORWALK, Conn.--(BUSINESS WIRE)--Aug. 8, 2006--GE Commercial Finance - Global Media & Communications announced today that it has closed a $30 million senior credit facility for Long Lines, LLC, a leading rural communications company providing voice, data, video and wireless services to communities in Iowa, South Dakota and Nebraska. The financing will enable Long Lines to refinance existing debt and to fund the expansion of its GSM wireless network. GE Capital Markets served as sole lead arranger for the transaction, which closed July 31.