VIENNA, AUSTRIA (April 28, 2003) --- GE Power Systems reported today that its offer to purchase Jenbacher AG, a leading manufacturer of reciprocating engines for power generation, has been accepted.
Over 95% of Jenbacher's outstanding shares---thus much more than the required 90%---were tendered by April 25, 2003, the end of the offer period, paving the way for GE to complete the acquisition of Jenbacher AG.
ATLANTA, GEORGIA (April 23, 2003) --- GE Network Solutions, a leading supplier of network solutions to the utilities and telecommunications industries, recently announced the availability of its Smallworld Design Manager 2.2 software product. The product release includes scalability improvements and new functionality for incremental job completion.
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ATLANTA, GEORGIA (April 22, 2003) --- At a contract signing ceremony held recently in Shanghai, GE Network Solutions, a leading supplier of innovative technology solutions to the utilities industry, was awarded its largest Energy Management Services contract ever in China, by Shanghai Municipal Electric Power Company (SMEPC) in Shanghai.
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CHARLOTTE, N.C.--(BUSINESS WIRE)--April 22, 2003--GE Fund and GE Plastics Donate $125,000 to Five Charlotte-Mecklenburg Elementary Schools
Ask any child where plastic comes from and nearly a third will say a rubber tree plant, a plastic tree or even outer space(1).
Today, GE Plastics, a division of General Electric Company (NYSE: GE), hostedLEXAN(R) Resin Innovation Day to help local schoolchildren learn about the impact plastic has on their everyday lives and to generate excitement about science by encouraging imaginative thinking.
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STAMFORD, Conn.--(BUSINESS WIRE)--April 22, 2003--GE Consumer Finance announced today that it has signed a seven-year extension of its agreement with Lowe's Companies, Inc., to continue to provide private label credit card services for the home improvement retailer's consumer and commercial customers.
We're thrilled to continue the 23-year relationship we've developed with the Lowe's team, said Mark Begor, President and Chief Executive Officer of GE Consumer Finance - Americas.
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SALEM, Va.--(BUSINESS WIRE)--April 22, 2003--GE (NYSE: GE) announced today that it signed a letter of intent with Toshiba Corporation for Toshiba to increase its majority interest in the Toshiba-GE joint venture.
The transaction is expected to close in the next two to four months. GE will keep 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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ATLANTA, GEORGIA (April 22, 2003) --- At a contract signing ceremony held recently in Shanghai, GE Network Solutions, a leading supplier of innovative technology solutions to the utilities industry, was awarded its largest Energy Management Services contract ever in China, by Shanghai Municipal Electric Power Company (SMEPC) in Shanghai.
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GE Transportation Systems Launches New Fuel Saving Technology for Locomotives; Auto Engine Start Stop System for Non-GE Locomotives Saves Fuel, Lowers Emissions & Noise ERIE, Pa.--(BUSINESS WIRE)--April 21, 2003--Dave Tucker, general manager of GE Transportation Systems' global service operations nnounced today that the company had introduced Auto Engine Start Stop, a new locomotive technology that would lower the amount of fuel used by non-GE locomotives, as well as significantly reducing engine noise, smoke and other emissions.
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--(BUSINESS WIRE)--GE Chairman & CEO Jeff Immelt, Astronaut Buzz Aldrin, Charlotte Panthers Stars Rodney Peete and Mushin Muhammad, and 500 Charlotte-Mecklenburg Elementary School Children Gather to Commemorate the 50th Anniversary of GE's LEXAN(R) Resin
What: What do CDs and DVDs, Buzz Aldrin's space visor, cell phones, the canopy of an F15, NFL football helmets, refrigerator crisper drawers and computer housings all have in common?