GE Transportation, a unit of General Electric Company, has officially certified its locomotive modernization unit with the Russian Federation Railway Registrar. The certificate is issued for the TE10M #0884GE diesel-electric locomotive section, which has successfully completed winter operational tests and is now under summer operational tests at a southern Russian railway.
OVERLAND PARK, Kan.--Aug. 23, 2004--GE's Employers Reinsurance Corporation (GE ERC)(NYSE:GE) today announced that Tim Brophy, Joseph Cook and Paul Giacobbe have joined the company as Sales Executives for its Americas Direct property & casualty reinsurance unit. They will report to Jeffrey Archer, who heads the company's Americas Direct treaty origination team.
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SALT LAKE CITY--(BUSINESS WIRE)--Aug. 20, 2004--GE Corporate Payment Services' SAM(TM) System Supports Sophisticated Accounting Needs Drawing on more than 12 years of experience serving some of the world's largest and most demanding commercial card customers, GE Corporate Payment Services has released a new advanced reporting system.
The SAM(TM) system - short for Strategic Account Management - supports the real-time management of purchasing, travel and other corporate card and e-settlement programs.
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NORWALK, Conn.--(BUSINESS WIRE)--Aug. 19, 2004--GE Commercial Finance Global Media & Communications announced today that it was named syndication agent for a $135 million senior debt facility for Wallace Theaters, a leading movie theater exhibitor. The facility closed August 9.
Based in Portland, Ore., Wallace Theaters manages 54 movie theaters representing more than 450 screens and operates in 12 states and the Pacific Rim.
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CHARLOTTE, N.C.--(BUSINESS WIRE)--Aug. 19, 2004--GE Commercial Finance Business Credit today announced that it has named Eric R. Gill as vice president of origination. Mr. Gill will be based in Charlotte, N.C., a new office for Business Credit, and will be responsible for the North Carolina, South Carolina, Virginia and District of Columbia markets. He will originate asset based credit facilities of $30 million and less by continuing to develop business relationships with middle market companies and financial intermediaries throughout the mid-Atlantic market.
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CLEVELAND--(BUSINESS WIRE)--Aug. 18, 2004--Backpacks, notebooks and pens are must-have items on the shopping list when it's time to send students back to school. But parents need to add another item to the list - light bulbs that offer clean, beautiful reading light without harsh glare.
The GE Reveal(R) 150 Reader Light offers great, clean light that's perfect for reading, studying and hobbies. The Reveal 150 fits most standard household light sockets, making it perfect for any student's desk lamp.
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August 18, 2004 -- EVENDALE, OH -- General Electric's GE90 engine family has logged five million flight-hours and more than one million engine cycles powering Boeing's 777 twin-engine aircraft.
The first GE90 engine, the GE90-85B, entered service in November 1995 with British Airways. Since then, the engine family has grown to include several higher-thrust derivative engines and has set a world's record at 127,900 pounds of thrust.
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NORWALK, Conn.--(BUSINESS WIRE)--Aug. 18, 2004--GE Commercial Finance, through its Business Credit unit, has provided Brook Furniture Rental with a $25 million credit facility. The company will use the financing for working capital. With headquarters in Lake Forest, IL, Brook is a leading furniture rental service company providing premier rentals for residential, commercial and convention purposes.
About GE Commercial Finance Business Credit
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