ST. PAUL, Minn.--(BUSINESS WIRE)--July 27, 2005
The Retail Sales Finance unit of GE Consumer Finance announced today that it has signed a five-year agreement with Carvin Music to provide private label credit card services to its customers.
Carvin Music, headquartered in San Diego, Calif., is a manufacturer and retailer of custom guitars, amplifiers and professional audio equipment.
On July 27, GE celebrated two announcements: the opening of its corporate office in Nairobi, Kenya, marking the first corporate office for GE in the East African region; and also the first GE day to be held in the country. Some 300 guests joined GE in Nairobi for an afternoon and evening hosted by Nani Beccalli, President & CEO of GE International along with Nabil Habayeb, GE's President and CEO for Middle East & Africa and Yibrah Tesfazghi, GE's Corporate Regional Executive for Africa.
NORWALK, Conn.--(BUSINESS WIRE)--July 26, 2005--GE Commercial Finance, Commercial & Industrial Finance (CIF) today announced the appointment of Dennis Krause as Industry Leader for the food, beverage and agriculture marketplaces. Today's announcement is part of an ongoing initiative to align CIF's go-to-market resources with the fastest growing financing opportunities, industry-by-industry.
David Nissen, President and CEO, GE Consumer Finance, and his leadership team hosted a meeting on July 26th, 2005 to provide an update on GE Consumer Finance.
Location: New York, NY
David Nissen, President and CEO, GE Consumer Finance, and his leadership team hosted a meeting on July 26th, 2005 to provide an update on GE Consumer Finance.
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Mumbai, July 20, 2005 - GE Commercial Finance Real Estate today announced its official entry into commercial real estate investment in India. GE will invest US $63 million in a newly formed fund - the India IT Parks Fund - sponsored by Asia's leading business space provider, Ascendas Pte Ltd ("Ascendas"). Ascendas has also invested in the fund along with other international investors.
July 20, 2005 -- EVENDALE, Ohio - With its GEnx jet engine, General Electric Company (GE) engineers are introducing breakthrough combustion technology that will dramatically reduce emissions in jet travel.
The GEnx engine is being developed for the new Airbus A350 and Boeing 787 aircraft. The GEnx enters airline service in 2008, and has already received more than $2 billion in orders on the strength of new technologies that make it the most fuel efficient, quiet, and low-emissions jet engine that GE has ever introduced for large jet aircraft.
LAKEWOOD, Colo.--(BUSINESS WIRE)--July 19, 2005
WFS Financial announced that it has chosen GE Auto Warranty Services as its exclusive provider of vehicle service contracts for its national network of automobile dealers.
GE Auto Warranty Services' extensive product offerings, electronic contract fulfillment and e-claims processing will simplify the process for WFS Financial dealers and its customers.
NORWALK, Conn.--(BUSINESS WIRE)--July 19, 2005--GE Commercial Finance Global Media & Communications announced today that it has provided an $18 million financing facility used in part by Valor Equity Partners for the acquisition of Southern California-based skiing and snowboarding resort Mountain High. GE served as administrative agent and sole lender for the transaction, which closed July 12, 2005.
