RICHMOND, Va.--(BUSINESS WIRE)--July 1, 2003-- Company recognized at industry conference for being the first life insurance company to deliver ACORD XML pending case downloads GE Financial today announced it received three awards for technical excellence from the Association for Cooperative Operations Research and Development (ACORD), a non-profit organization aimed at standardizing technology and applications used across the insurance industry.
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ATLANTA, GEORGIA (July 1, 2003) --- GE Wind Energy has entered into a one-year turbine sales agreement with PPM Energy Inc. of Portland, Oregon, a leading U.S. developer of wind and gas generation projects. Under the agreement, PPM will purchase 1.5-megawatt wind turbines exclusively from GE Wind Energy for qualified U.S. projects through June 2004.
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RICHMOND, Va.--(BUSINESS WIRE)--June 30, 2003--
Americans Encouraged to Secure Their Financial Independence This July 4th
The GE Center for Financial Learning today announced the start of its Second Annual $tart Out $aving Week, which runs today through July 5. As part of this national initiative, which encourages
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SALEM, Va.--(BUSINESS WIRE)--June 27, 2003--GE (NYSE: GE) announced today that it has finalized its agreement with Toshiba Corporation for Toshiba to increase its majority interest in the Toshiba-GE joint venture. GE will maintain a minority ownership in the US operating company of the JV and will continue to provide sales and service for the JV, in addition to maintaining customer relationships.
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MILWAUKEE & TORONTO--(BUSINESS WIRE)--June 26, 2003--GE Medical Systems Information Technologies, the healthcare IT business of General Electric Company (NYSE:GE), and Triple G(R) Systems Group, Inc. (TSX:TGG), announced today that they have signed a definitive transaction agreement, pursuant to which GE will acquire Triple G, a leading independent developer of laboratory information systems. In this transaction, GE will acquire all of the issued and outstanding common stock of Triple G for a consideration of $3.30 (Canadian) per share, payable in cash.
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OVERLAND PARK, Kan.--(BUSINESS WIRE)--June 26, 2003--GE's Employers Reinsurance Corporation (GE ERC) announced today it received revised ratings from the A.M. Best Company.
For the first time under current ownership, A.M. Best is evaluating ERC as a standalone business, eliminating any historic ratings enhancement from its ownership by the General Electric Company.
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CHICAGO--(BUSINESS WIRE)--June 25, 2003--Exatec, a joint venture between Bayer Polymers and GE Plastics, today launches its first complete polycarbonate glazing system - Exatec 500(TM), a state-of-the-art technology with superior weatherability and abrasion resistance.
Exatec applications are on display in the GE Plastics' booth at the National Plastics Exposition in Chicago (McCormick Place, South Hall, Booth #2215) from June 23-27.
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CHICAGO--(BUSINESS WIRE)--June 25, 2003-- New ULTEM(R) XHT Resin Exceeds the Durability and High Heat Resistance of Standard Amorphous Polyetherimide Resins
GE Plastics, a division of General Electric Company (NYSE: GE), today announced the development of ULTEM(R) XHT resin, a new extreme high heat resistance, high performance polymer.
This breakthrough product utilizes technology that increases the heat resistance capability by 54 degrees F (30 degrees C) while retaining injection-molding processability with standard equipment.