Decreased paper use - in the accounting office, that is - can equate to better cash flow. How much better? Try an average of 15 days per month with the help of an electronic settlement tool from GE called vPayment.
"Using this type of electronic settlement tool, we can more precisely forecast and manage cash flow," said Sean Wille, Hallmark Cards Disbursements Manager. "In addition, our vendors may receive improved and more predictable cash flow as well."
NORWALK, Conn.--(BUSINESS WIRE)--June 1, 2005--GE Commercial Finance, Commercial & Industrial Finance (CIF) today announced the appointment of Deepak Ghosh as Industry Leader for the chemicals market.
In his new role, Ghosh will be responsible for driving organic growth in chemicals and allied industries, where CIF has successfully invested more than $1 billion through senior debt and structured product transactions. Ghosh will report to Craig Reynolds, Senior Managing Director, CIF.
January 6, 2005 -- EVENDALE, Ohio - Hapag-Lloyd Flug has placed a $120 million order for CFM56-7 engines to power 10 new Boeing 737-800 aircraft. The aircraft are scheduled for delivery between early 2006 and mid-2007. The airline currently operates a fleet of 28 CFM56-7-powered 737-800s.
Mumbai, May 27, 2005 - The Chairman and CEO of GE, Jeffrey R. Immelt, today said that India is on the threshold of a strong growth cycle. Reaffirming GE's confidence and commitment to India, Mr. Immelt said that he expects GE's revenues in India to jump from US$800 million, to over US$5 billion by 2010.
Chennai, April 27, 2005: GE Elfun Volunteers, the global community service organization of General Electric Company, is donating ten new fibre glass boats and fishing nets, worth about Rs. 12.5 lakhs, to the fishermen of tsunami-hit Pudhu Kalpakkam village, near Chennai. The first batch of seven boats and fishing nets was delivered by Scott Bayman, President & CEO, GE India to the fishermen of Pudhu Kalpakkam Village Co-operative Society on April 26, 2005, The boats and fishing nets will be shared among the 220 families in this fishing hamlet.
ARKLOW, Ireland--(BUSINESS WIRE)--May 26, 2005--Leading government and business dignitaries gathered today with local townspeople to officially dedicate the Arklow Bank Offshore Wind Park, a milestone project for both the global wind industry and Ireland.
Among the featured guests were An Taoiseach, Bertie Ahern T.D. (Irish Prime Minister), and David Garman, the Assistant Secretary for Energy Efficiency and Renewable Energy for the U.S. Department of Energy.
New Delhi, May 26, 2005 -- The President and CEO of GE India, Mr. Scott R. Bayman announced the signing of a Memorandum of Understanding (MoU) with Dr. Naresh Trehan, Chairman, MediCity in New Delhi today. The MoU between GE and Dr. Trehan's MediCity -- a $250 million world-class Integrated Healthcare Facility, was announced in the presence of Mr. Jeffrey R. Immelt, Chairman and CEO, GE and Mr. Kapil Sibal, Honourable Minister of Science and Technology, Government of India.
