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.
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.
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LONDON & SAN DIEGO--(BUSINESS WIRE)--June 29, 2006--Expanding its innovative solar roof investment program, Solar Integrated Technologies, Inc. (AIM: SIT.LN), a leading provider of building integrated photovoltaic roofing systems, announced today that it has completed the installation of solar panels doubling as roofs on five additional schools in San Diego. A total of 19 schools now have solar roofs manufactured, constructed and installed by Solar Integrated since the program with GE Energy Financial Services began in April 2005.
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NORWALK, Conn.--(BUSINESS WIRE)--June 29, 2006--GE Commercial Finance Global Sponsor Finance today announced it is the administrative agent for $850-million of senior secured credit facilities for United Agri Products ("UAP" or "the Company") (NASDAQ "UAPH"). GE Capital Markets and GS Credit Partners served as joint lead arrangers and joint bookrunners.
The financing consists of a $675-million 5-year ABL revolving credit facility and a $175-million 6-year term loan.
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NORWALK, Conn.--(BUSINESS WIRE)--June 29, 2006--GE Commercial Finance Global Sponsor Finance today announced it is the administrative agent for $850-million of senior secured credit facilities for United Agri Products ("UAP" or "the Company") (NASDAQ "UAPH"). GE Capital Markets and GS Credit Partners served as joint lead arrangers and joint bookrunners.
The financing consists of a $675-million 5-year ABL revolving credit facility and a $175-million 6-year term loan.
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CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--June 28, 2006--GE Fanuc Automation, Inc., a unit of GE Industrial, announced that it is building its next generation Proficy(R) solutions based on the new OPC Unified Architecture (OPC UA) standards released this week by the OPC Foundation. The announcement was made at ARC Advisory Group's 14th Annual Forum "Driving Enterprise Performance Through Next Generation Manufacturing Concepts."