Dubai, September 9, 2003: -- Diversified technology, manufacturing and services company General Electric (GE) is focusing its efforts on being involved in the rapid development taking place in the Middle East. GE, which generated annual sales in excess of US$2 billion in 2002, sees several of the region's industry sectors including energy, healthcare, construction and oil and gas as opportunities for the company's sustained growth in the Middle East.
RICHMOND, Va.--(BUSINESS WIRE)--Sept. 9, 2003--GE Financial today released disturbing findings from a new Retirement Income Readiness Survey1 that indicates many Americans are on a path that could see them run out of money well before they die. Despite the fact that life expectancy in America continues to increase at a steady pace and people should be looking at spending as much as twenty to thirty years in retirement, forty-one percent of those surveyed were completely unfamiliar with the idea of retirement income planning.
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HOUSTON, TEXAS (September 9, 2003) --- GE Aero Energy, a GE Power Systems business, has been awarded a contract to upgrade gas turbines at Northland Power Income Fund's cogeneration plant in Iroquois Falls, Ontario, Canada. This upgrade marks the first LM6000 PA to PD conversion in the world.
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OSLO, NORWAY (September 9, 2003) --- GE Hydro has received a contract of more than US$1.6 million from Vattenfall AB of Sweden for a major turbine refurbishment that is expected to increase the output of the Stalon hydroelectric power plant by nearly 20 megawatts.
The Stalon facility is more than 40 years old, and is located at Ångermanälven, about 60 kilometers northwest of Vilhelmina in northern Sweden. GE's refurbishment of the KMW turbine at the site will include a new Francis runner, new turbine bearing, high-pressure governor system and self-lubricated bushings.
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GE Highlighting Transmission & Distribution Services at 2003 IEEE/PES T&D Expo DALLAS--Sept. 8, 2003--GE is showcasing its comprehensive range of transmission and distribution (T&D) solutions this week at the 2003 IEEE/PES Transmission & Distribution Conference & Exposition in Dallas, Texas.
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NEW YORK & WAUKESHA, Wis.--(BUSINESS WIRE)--Sept. 8, 2003--
Ground-breaking partnership leveraging world-class technology and
management techniques to meet healthcare challenges of the future
NewYork-Presbyterian Hospital and GE Medical Systems announced today the signing of a historic multi-year, several hundred million dollar partnership. GE Medical Systems will provide NewYork-Presbyterian Hospital with a formula for world-class technology, services and management techniques.
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NEW YORK & WAUKESHA, Wis.--(BUSINESS WIRE)--Sept. 8, 2003--
Ground-breaking partnership leveraging world-class technology and
management techniques to meet healthcare challenges of the future
NewYork-Presbyterian Hospital and GE Medical Systems announced today the signing of a historic multi-year, several hundred million dollar partnership. GE Medical Systems will provide NewYork-Presbyterian Hospital with a formula for world-class technology, services and management techniques.
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