CHALFONT ST. GILES, England--(BUSINESS WIRE)--June 7, 2006--GE Healthcare (NYSE:GE):
New York Blood Center's National Cord Blood Program
is the first to automate the processing, cryopreservation and
storage of cord blood stem cell units to achieve the
highest standards of quality and consistency
NORWALK, Conn.--(BUSINESS WIRE)--June 7, 2006--GE Antares Capital today announced the closing of an $80-million credit facility, to support the acquisition of ColorMatrix Corporation ("ColorMatrix") by Audax Group ("Audax"). GE Capital Markets served as the sole lead arranger for the credit facility.
CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--June 7, 2006--GE Fanuc Embedded Systems, a unit of General Electric Company (NYSE: GE) has announced that it has completed the acquisition of SBS Technologies(R) (NASDAQ: SBSE) of Albuquerque, New Mexico. The integration of SBS Technologies into GE Fanuc Embedded Systems creates a broad presence in the embedded systems industry, offering an extensive line of products ranging from embedded boards in multiple form factors, bus architectures, and fabrics, to fully integrated systems available in a range of environmental grades.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--June 7, 2006--A $10.9 million loan funded by GE Capital Solutions, Franchise Finance, allowed Ascension Hotels, a Louisiana-based company owned by Aaron Patel and Kapoor & Kapoor Investments, to broaden its reach to Tulsa and to purchase a full-service Crowne Plaza hotel.
NORWALK, Conn.--(BUSINESS WIRE)--June 7, 2006--GE Antares Capital today announced the closing of an $80-million credit facility, to support the acquisition of ColorMatrix Corporation ("ColorMatrix") by Audax Group ("Audax"). GE Capital Markets served as the sole lead arranger for the credit facility.
SERPA, Portugal--(BUSINESS WIRE)--June 6, 2006--GE Energy Financial Services, PowerLight Corporation and Catavento Lda broke ground today on the world's largest solar photovoltaic power project. The 11-megawatt solar power plant, comprising 52,000 photovoltaic modules, is under construction in Serpa, Portugal, 200 kilometers (124 miles) southeast of Lisbon in one of Europe's sunniest areas.
SAN FRANCISCO--(BUSINESS WIRE)--June 6, 2006--At the Society for Information Display (SID) exhibition here at Moscone Center from Jun. 4-9, GE Plastics and GE Advanced Materials are showcasing their portfolio of proprietary breakthrough materials solutions for the global electronics industry, including high-performance plastic resins, sheet, and films, as well as silicones and quartz products.
FLORENCE, ITALY - June 6, 2006 :- GE's Oil & Gas business will supply two gas turbine-driven turbocompressor units to Enagas, the operator of Spain's gas transportation system, for a new pipeline compression station at Navarra in northern Spain.
The new station will help to increase the flow of the Lacq-Calahorra pipeline and its interconnection with the Ebro axis. The pipeline, which carries natural gas from France to Spain, crosses the French border near the Spanish village of Larrau.
FLORENCE, ITALY - June 6, 2006 :- Brazilian petrochemical firm Petroquímica União S. A. (PQU) has selected GE steam turbine-driven compressor trains for the expansion of an ethylene production plant in São Paulo state, Brazil.
PQU, located in the city of Santo André, is the first basic petrochemical producer in Brazil. It currently produces 500,000 tons per year of ethylene. When the expansion is completed in April of 2008, the output will increase to 700,000 tons per year.
