NORWALK, Conn.--(BUSINESS WIRE)--April 20, 2005--
GE Commercial Finance, Commercial & Industrial Finance Closes EUR 200 Million Agreement with Mecachrome International Inc.
After relocating its headquarters from Paris to Montreal, Mecachrome International Inc. is making its move into the North American market with the help of GE Commercial Finance, Commercial & Industrial Finance (CIF)(NYSE: GE).
By Daniel Coetzee, Business Manager Sub-Saharan Africa for the GE Fanuc Automation division
Production Process
Aluminum is the most abundant element in the earth's crust, and with its high strength-to-weight ratio, applications range from the structure of buildings and aeroplanes to the foil in which we wrap and heat food.
STAMFORD, Conn.--(BUSINESS WIRE)--April 19, 2005--Expanding its financial services for the growing coal industry, GE Commercial Finance's Energy Financial Services announced today it had provided refinancing capital to Oxford Mining Company headquartered in Coshocton, Ohio and a $65 million credit facility for CAM Holdings, LLC, based in Pikeville, Kentucky.
SOUTHFIELD, Mich.--(BUSINESS WIRE)--April 18, 2005--GE Advanced Materials, Automotive, working in collaboration with Exatec, offers premium design options for large three-dimensional (3-D) glazing panels for rear and roof window applications and other 3-D parts by combining high-performance Lexan(1) GLX resin with unique coating technologies from Exatec.
Students of oil and gas studies and ADNOC engineers to benefit from GE proprietary technical tools and programmes
Abu Dhabi, April 17, 2005: GE Energy President and CEO John Rice, signed an agreement with the Petroleum Institute in Abu Dhabi today to dedicate a specialized laboratory in its Department of Engineering.
FAIRFIELD, Conn.--(BUSINESS WIRE)--April 15, 2005--General Electric (NYSE: GE)
First Quarter Highlights
-- Earnings grow 25% to more than $4.0 billion
-- $.38 EPS, up 19%, exceeds high end of original guidance
-- Nine of 11 businesses deliver at least double-digit earnings growth
-- Revenues increase 19% to $39.8 billion, with 10% organic revenue growth
-- Cash flow from operating activities (CFOA) up 10%, industrial CFOA up 19%
-- Full-year EPS guidance now $1.78-$1.83, high end of target range
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TORONTO--(BUSINESS WIRE)--April 14, 2005--GE Commercial Finance Corporate Lending today announced it has provided a $65 million CAD senior secured revolving credit facility to leading Canadian pharmaceutical distributor Rep-Pharm. The financing, which closed on Feb. 18, replaces an existing facility previously arranged by GE Commercial Finance. GE Commercial Finance is the sole lead agent for the facility and will hold the entire amount.
