NORWALK, Conn.--(BUSINESS WIRE)--Nov. 7, 2005--GE Commercial Finance - Technology Lending, a unit of Global Media & Communications, today announced that it has appointed Kjerstin E. Barley to the position of senior vice president, origination. Based in San Francisco, she will be responsible for developing client relationships within the technology sector and will report to John Kinnaman, managing director, GE Commercial Finance - Technology Lending.
November 04, 2005 -- BEIJING, China - In 1985, two Chinese airlines, Air China Southwest and China Eastern Yunnan, took delivery of their first Boeing 737s. These airplanes were powered by CFM International's CFM56-3 engines. CFM was a very young company and these were some of its first orders. Since then, China has become one of the largest and most important customer regions for CFM, with 14 Chinese airlines operating more than 1,075 CFM56 engines powering nearly 500 Airbus and Boeing aircraft.
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SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Nov. 4, 2005--With $6.2 million in financing from GE Commercial Finance, Franchise Finance, Enzo Gagliardi and Eric Collin, principals of Sarasota, Florida-based Finergy Development, turned a failed assisted living development into an award-winning Homewood Suites.
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SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Nov. 4, 2005--Allowing a regional hotel chain more flexibility in planning for the future, GE Commercial Finance, Franchise Finance provided a $24.3 million loan to the operator of Jameson Inn and Signature Inn locations.
Working with the hotelier to provide a fixed rate on its debt, this marks the second time GE Commercial Finance, Franchise Finance and Atlanta-based Jameson Inns have worked together in two years. Last year, the companies completed a deal worth $12 million.
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Mumbai, November 3, 2005 - India's new regional carrier, Paramount Airways, has signed a new OnPointSM Solutions service agreement with GE Engine Services, Inc. for the maintenance, overhaul and repair of CF34-8E engines powering the airline's fleet of Embraer 170/175 aircraft. The nine-year agreement is valued at approximately $12 million.
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CHICAGO--(BUSINESS WIRE)--Nov. 3, 2005--GE Commercial Finance Healthcare Financial Services has provided $29.2 million in fixed rate financing to Royal Senior Care, a North Miami Beach, Fla.-based private company that owns and operates seven senior housing communities throughout the southeastern United States under the name Royal Gardens Senior Living.
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CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--Nov. 2, 2005--GE Fanuc Automation, Inc, a unit of GE Industrial, today announced that Nissan North America has chosen Proficy(TM) Plant Applications Version 4.2 for an Enterprise Manufacturing Intelligence (EMI) solution that will ultimately help Nissan reduce downtime at its Smyrna, Tennessee and Canton, Mississippi manufacturing plants.
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Zürich, 2. November, 2005. Innovation und Unterhaltung auf dem neuesten technologischen Stand präsentieren die sechs GE Geschäftsbereiche heute in einer interaktiven Ausstellung mit Vorträgen und Podiumsdiskussion im Hallenstadion in Zürich. Ziel dieses ersten "GE Days" in der Schweiz ist es, Kunden, Partnern, Medien und Mitarbeitern die abwechslungsreiche Welt von GE unter einem Dach zu präsentieren. Stadtpräsident Elmar Ledergerber heisst in seinerBegrüssung GE in Zürich herzlich willkommen.
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David Calhoun, Vice Chairman GE, President & CEO, GE Infrastructure, and his leadership team provided an update on GE Infrastructure.
Location: Cincinnati, OH
David Calhoun, Vice Chairman GE, President & CEO, GE Infrastructure, and his leadership team provided an update on GE Infrastructure.
Investor Contact Information
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ERIE, Pa. & BEIJING--(BUSINESS WIRE)--Nov. 1, 2005--General Electric today announced that it has signed a contract worth more than $450 million with the Chinese Ministry of Railways (MoR). Under the agreement, GE, in an industrial cooperation with Qishuyan Locomotive and Rolling Stock Works (QLW), will supply three hundred 6,000-horsepower locomotives.