Congratulations to Stacey Snider, Charlene Begley and Kathy Cassidy for being named to Fortune magazine's list of Most Influential Female Business Leaders.
Congratulations to Stacey Snider, Charlene Begley and Kathy Cassidy for being named to Fortune magazine's list of Most Influential Female Business Leaders.
Click here to listen to the podcast (MP3)
Investor Contact Information
WILMINGTON, N.C.--(BUSINESS WIRE)--Nov. 10, 2005--GE Energy's nuclear business has been awarded a multi-year, $17 million contract by Exelon Corp., the largest nuclear generation company in the nation, to supply reactor control components to the utility's fleet of 12 boiling water reactors (BWRs).
Under the contract, GE is supplying critical parts for the hydraulic control units (HCUs) in all twelve of Exelon's BWR units, which are located in Illinois, New Jersey and Pennsylvania.
Sets up $145 million India Development Fund
New Delhi, Thursday, November 10, 2005: To support its commitment to India, GE recently established the India Development Fund. The fund is part of GE's strategy to more than triple its revenues in India in 3 years - from US$ 0.8 billion in 2004 to US$ 3 billion by 2008.
CHICAGO--(BUSINESS WIRE)--Nov. 10, 2005--GE Commercial Finance Healthcare Financial Services has provided a $40 million five-year term loan to an entity related to Formation Capital, LLC, an Alpharetta, Ga.-based firm that invests equity in the senior housing and care industry. The firm also tapped the GE group to recapitalize two portfolios.
KANSAS CITY, Mo.--(BUSINESS WIRE)--Nov. 9, 2005--Commercial property values must be correctly quantified by agents, brokers and customers so that insurers are able to charge adequate premiums for the risks they assume, according to Tom Smith, Vice President, Regional Product Leader, for GE Insurance Solutions.
Smith has authored a white paper called "Getting It Right: Property Insurance Values" in which he highlights the dangers to insurers as well as customers of under-valuing property and business interruption risks.
November 9, 2005 -- EVENDALE, OH - Air Canada has selected GEnx engines to power its new Boeing 787 fleet, along with the GE90 which powers the 777-200LR and 777-300ER fleets.
GEnx engines will power Air Canada's new fleet of 14 firm Boeing 787 aircraft, along with options and purchase rights for a total of up to 60 787 aircraft. The list price value of the engines for the firm order of 787 aircraft is more than $400 million. Aircraft deliveries are scheduled to begin in 2010.
business unit
tags
ST. PAUL, Minn.--(BUSINESS WIRE)--Nov. 8, 2005--Saxon Motorcycle Company, a manufacturer of quality custom choppers and pro street motorcycles, has announced a new consumer financing program in cooperation with GE Consumer Finance.
The FUNancing program will provide installment lending to Saxon's nationwide dealer network. Saxon customers will now have access to the competitive rates, attractive terms, and special promotions the FUNancing program offers.
November 8, 2005 -- LYNN, Massachusetts - The Department of Defense has selected GE's F404 as the winner of its first annual Performance Based Logistics (PBL) award in the sub-system category for its achievement in providing F-18 warfighter with outstanding operational capability.
FAIRFIELD, Conn.--(BUSINESS WIRE)--Nov. 7, 2005--General Electric Company (NYSE: GE) today announced the appointment of Lloyd G. Trotter as a GE executive vice president focusing on operations and James P. Campbell as president and CEO of GE Consumer & Industrial, succeeding Trotter.
