NORWALK, Conn.--(BUSINESS WIRE)--July 11, 2006--GE Commercial Finance - Global Media & Communications announced today that it has closed, as administrative agent, a $68,750,000 senior secured credit facility in support of Seaport Capital's acquisition of Everest Connections, a local cable, Internet and phone provider with over 34,000 subscribers in the greater Kansas City metropolitan area. GE Capital Markets served as sole lead arranger in the deal, which closed on June 30.
Ten local university students receives annual award to pursue dreams
Kuala Lumpur, July 11, 2006 - Ten local university students were the proud recipients of the GE Foundation Scholar-Leaders Program, a scholarship program which provides three years of support to undergraduate Malaysian students enrolled in engineering and science programs in any Malaysian university.
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PITTSFIELD, Mass.--(BUSINESS WIRE)--July 10, 2006--Crystal blue, rich violet, and water-clear polycarbonate (PC) with a touch of diamond sparkle - these are not your traditional violins. Crafted by Ted Brewer, an established U.K. designer of transparent violins, the ultramodern Vivo2 line features GE Plastics' Lexan(1) Visualfx(1) special effects resin for stunning visual impact combined with high performance. Ted, who originally hand-carved his instruments from acrylic block, turned to GE Plastics when increasing market demand prompted a move to injection molding.
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New Delhi, 10 July, 2006 - GE Money, the consumer finance unit of the General Electric Company (GE), today announced an increase in its benchmark floating reference rate by 0.75% with effect from Saturday, July 1, 2006.
This increase in the benchmark floating reference rate is on account of changed financial market parameters with respect to borrowing costs.
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PISCATAWAY, N.J.--(BUSINESS WIRE)--July 10, 2006--The Translational Genomics Research Institute (TGen) and GE Healthcare (NYSE:GE) announced today a strategic alliance designed to apply advanced cellular genomics technologies and strategies to improve and accelerate the discovery and development of new drugs. This research collaboration will support the mutual goals of translating basic genomic research into early health solutions for some of the most urgent problems facing healthcare today.
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SOUTHFIELD, Mich.--(BUSINESS WIRE)--July 6, 2006--As space and weight constraints drive more compact, sleeker forward lighting components, automotive suppliers seek materials that can meet the challenges posed by these new designs, including higher temperatures from proximity to bulbs and thinner-wall parts for reduced mass. Addressing this demand, GE Plastics' new Lexan(1) Xtreme Heat (XHT) resin portfolio, one of the company's Signature Surfaces(1) solutions, now offers automotive lighting designers new material choices for their most demanding applications.
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Project Will Create World's Largest Refinery Complex
Mumbai, July 6, 2006 - GE's Oil & Gas business will supply compression technology to Reliance Petroleum Ltd. (RPL) for a greenfield project in Jamnagar that will result in the world's largest refinery complex at a single location, with the capacity to process almost 2% of the world's crude oil.
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NORWALK, Conn.--(BUSINESS WIRE)--July 5, 2006--GE Commercial Finance today announced new leadership at the Northeast Region Manager level of its North American Corporate Lending business as part of its continuing expansion to help provide customers a smarter suite of financial solutions, delivered locally and tailored to the lifecycle needs of their business.
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NORWALK, Conn.--(BUSINESS WIRE)--July 5, 2006--GE Commercial Finance today announced new leadership at the Northeast Region Manager level of its North American Corporate Lending business as part of its continuing expansion to help provide customers a smarter suite of financial solutions, delivered locally and tailored to the lifecycle needs of their business.