ERIE, Pa.--(BUSINESS WIRE)--May 25, 2006--General Electric Corporation (NYSE: GE) today announced that it is preparing to ship its 1,000th Evolution(R) Series locomotive. The milestone will be achieved just 17 months after GE began commercial production of Evolution locomotives. The 1000th unit, which bears road number 5972, will be delivered to BNSF Railway. It is one of nearly 750 Evolution locomotives ordered by BNSF, which is aggressively adding capacity to meet the growing demand for rail transportation.
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NORWALK, Conn.--(BUSINESS WIRE)--May 25, 2006--GE Antares Capital today announced it is the administrative agent on a $75-million credit facility to support the acquisition of Delta Educational Systems by Gryphon Colleges Corporation, a portfolio company owned by Gryphon Investors. GE Capital Markets and Merrill Lynch Capital served as co-lead arrangers and joint bookrunners.
The facility consists of a $55-million term loan and a $20-million revolver.
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CHALFONT ST GILES, United Kingdom--(BUSINESS WIRE)--May 24, 2006--GE Healthcare and DiscoveRx (Fremont, CA) have entered into an exclusive distribution agreement for all HitHunter(TM) cAMP Enzyme Fragment Complementation (EFC)-based assays, designed for high throughput, non-radioactive screening of compounds in drug discovery.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--May 23, 2006--GE will webcast Chairman and CEO Jeff Immelt's presentation at the Electrical Products Group's 2006 Annual Spring Conference on Wednesday, May 24 at 10:45 a.m. ET. The presentation will include an update on the company's performance and an outlook for the remainder of 2006. Information about the webcast is available at www.ge.com/investor. Presentation materials will be posted on the website for Wednesday's webcast.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--May 23, 2006--GE released today its 2006 citizenship report highlighting the company's progress in 2005 and providing a view into its priorities for the coming year. The report, "Solving Big Needs," is the company's second, and tells the story of how GE uses its capabilities to help address some of the world's most pressing needs. The report can be viewed and downloaded online at www.ge.com/citizenship.
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NORWALK, Conn.--(BUSINESS WIRE)--May 23, 2006--GE Antares Capital today announced it is the agent for a $72-million credit facility to support the acquisition of PHI by The Hygenic Corp., a portfolio company of Baird Capital Partners ("Baird"). GE Capital Markets served as the sole lead arranger for the credit facility.
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WAUKESHA, Wis.--(BUSINESS WIRE)--May 23, 2006--GE Healthcare announced today the introduction of a new high-performance compact ultrasound system to address the growing demand for clinically specialized, real-time imaging at the point of care. The LOGIQ e, the newest member of GE's Compact Series of ultrasound systems, is designed with the speed, image quality and applications to support real-time clinical decisions in emergency settings.
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GE Releases 2006 Citizenship Report, ''Solving Big Needs''; Theme Emphasizes Size as an Advantage in Helping Meet Global Needs
Please click here to read the rest of the press release, in English.
Corporate Communications
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