KANSAS CITY, Mo.--(BUSINESS WIRE)--Feb. 3, 2005--
Event at the Insurance Leadership Institute Will Analyze the Effects of Hurricanes and Global Warming on the Insurance Industry
The Insurance Leadership Institute is pleased to host "Hurricanes, A New Path," an Emerging Risk Symposium on hurricanes and global warming. The February 23, 2005, symposium will feature expert presenters and participants from the worlds of academia, government and catastrophe modeling.
February 03, 2005 -- General Electric Company has successfully completed assembly and installation in the test rig of its first F136 Short Takeoff Vertical Landing (STOVL) test engine for the F-35 Joint Strike Fighter (JSF) Program. The engine is slated to begin ground testing this month at GE's outdoor test facility in Peebles, Ohio, USA.
PITTSBURGH--(BUSINESS WIRE)--Feb. 3, 2005--GE Commercial Finance Corporate Lending announced that it has established a Pittsburgh office to be led by Peter K. Lee, vice president. Mr. Lee will have responsibility for originating corporate lending opportunities and strengthening customer relationships in the region. He will report to Joseph Wiles, team leader, Corporate Lending.
OLDWICK, N.J.--(BUSINESS WIRE)--Feb. 3, 2005--A.M. Best Co. has placed the financial strength ratings of the subsidiaries of GE Insurance Solutions Corp (formerly known as GE Global Insurance Holding Corp) (GE Insurance) (Overland, KS) under review with negative implications. (Please see listing below.) A.M.
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LOUISVILLE, Ky.--(BUSINESS WIRE)--Feb. 2, 2005--Giving your valentine wine and roses this year? Why not add some privacy to the mix? Now you see them. Now you don't. The GE (NYSE: GE) Monogram(R) Wine Reserve and Beverage Center are available with a privacy glass door that gives consumers the option of displaying their wines and beverages or hiding them behind opaque glass.
With a liquid crystal privacy glass door, consumers can now locate the beverage center or wine reserve anywhere in the home without distracting contents getting in the way.
NORWALK, Conn.--(BUSINESS WIRE)--Feb. 2, 2005--GE Commercial Finance Corporate Lending announced Andrew Waterson as Managing Director for the West Region. As Managing Director he will be responsible for serving companies with borrowing needs over $30 million throughout the western United States. He will be based in Beverly Hills, California.
NORWALK, Conn.--(BUSINESS WIRE)--Feb. 2, 2005--GE Commercial Finance Corporate Lending announced Andrew Waterson as Managing Director for the West Region. As Managing Director he will be responsible for serving companies with borrowing needs over $30 million throughout the western United States. He will be based in Beverly Hills, California.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Feb. 1, 2005--Olympus Partners, the private equity firm based in Stamford, Conn. recently completed the acquisition of K-MAC Enterprises, Inc. and Golden Partners, Inc., which included more than $200 million of financing led by GE Commercial Finance, Franchise Finance (GEFF).
The deal is Olympus Partners' most recent venture into the restaurant industry and includes a portfolio of restaurants in Oklahoma, Arkansas, Texas, and Missouri.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Feb. 1, 2005--Olympus Partners, the private equity firm based in Stamford, Conn. recently completed the acquisition of K-MAC Enterprises, Inc. and Golden Partners, Inc., which included more than $200 million of financing led by GE Commercial Finance, Franchise Finance (GEFF).
The deal is Olympus Partners' most recent venture into the restaurant industry and includes a portfolio of restaurants in Oklahoma, Arkansas, Texas, and Missouri.
GE Infrastructure's GE Fanuc Automation division has announced Proficy Plant Applications Version 4.1, a major new version of the company's Efficiency, Quality, Production and Batch Analysis software.
This adds powerful new capabilities to reduce overall implementation time with improved ease of use and configuration, enhanced reporting, improved connectivity and extensibility, and more expansive scheduling execution and production tracking.
