Dubai, October 24, 2002 ---- GE Power Systems (GEPS), a major exhibitor at the annual Power-Gen Middle East 2002 conference and exhibition, has unveiled its latest product technology for the region's power industry. GEPS showcased its broad range of energy solutions including models of its F Family of gas turbines, offering high efficiency and reliability.
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SHENZHEN, China--(BUSINESS WIRE)--Oct. 23, 2002--
- GE Toshiba Silicones and Shenzhen Guanghua Enterprises
Development Celebrate New Silicone Elastomer Joint Venture in
Shenzhen -
GE Toshiba Silicones, one of the world's major silicone manufacturers and a Pacific base of GE Silicones, together with Shenzhen Guanghua Enterprises Development Company Ltd. of China, announced today that they have entered into a new joint venture in Shenzhen, Guangdong Province, China.
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BERLIN--(BUSINESS WIRE)--Oct. 23, 2002--U.S. technology company General Electric (GE), headquartered in Fairfield, Connecticut, is opening its first European research and development center in Germany. In a joint press conference today, Federal Chancellor Gerhard Schroder and GE Chairman & CEO Jeffrey R. Immelt announced that GE will invest $52 million (USD) over the next five years to locate a 150-scientist research facility on the Garching campus of the Technical University of Munich (TUM).
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WATERFORD, N.Y.--(BUSINESS WIRE)--Oct. 23, 2002--GE Silicones announces the introduction of the Company's newest innovation in automotive gasketing and sealing materials for the Americas market, FSL7586/40 liquid self-lubricating fluorosilicone elastomer.
Designed for use in gasketing and sealing applications both under-hood and on the automotive powertrain, FSL7586/40 elastomer can provide improved resistance to both lubricants and fuels, and it is characterized by a low compression set without need for post-cure operations.
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GE Consumer Products Help Consumers Enjoy Benefits of Daylight Saving Time Year-Round! LOUISVILLE, Ky.--(BUSINESS WIRE)--Oct. 22, 2002--Most people in the United States will soon be rolling back their clocks one hour when Daylight Saving Time ends October 27. Even though they'll be losing an hour of daylight in the evening, GE Consumer Products has several products that will help them gain precious time and brighten those darker winter months ahead.
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WATERFORD, N.Y.--(BUSINESS WIRE)--Oct. 21, 2002--GE Silicones is introducing a new multi-component cure system for its premier TUFEL(TM) II elastomers line for healthcare extrusion.
The system consists of the new IN-7 inhibitor masterbatch and new CA-7 platinum catalyst masterbatch. This two-part system provides customers using TUFEL II base elastomers the opportunity to balance product cure speed and shelf life to accommodate specific equipment requirements and extrusion profile configurations.
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REMINDER/Local Organizations Come Together to Kick-Off 2nd Annual Youth Empowerment Summit CLEVELAND--(BUSINESS WIRE)--Oct. 21, 2002-- Interactive Education Summit to Teach 250 Cleveland High School Students How to Reach Their Dreams and Give Back to the
Community in the Process
Cleveland Native Don Scott, Co-Writer of the Box Office Hit Barbershop to Speak at Event
MEDIA ALERT
WHAT: 250 students, selected from 10 Cleveland High Schools, will be participating in the 2nd Annual Youth Empowerment Summit.
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STAMFORD, Conn.--(BUSINESS WIRE)--Oct. 21, 2002--Xerox Corporation (NYSE: XRX) and General Electric (NYSE: GE) today announced an eight-year agreement for GE Vendor Financial Services to become the primary equipment financing provider for Xerox customers in the United States through monthly advances against Xerox's new U.S. lease originations.
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2001 Term Sales Hit Five-Year Peak in UK; GE Frankona Re Survey Reveals One in Four Workers Now Have Term Cover LONDON--(BUSINESS WIRE)--Oct. 21, 2002--
The UK term assurance market witnessed tremendous growth in 2001, according to research by GE Frankona Re. Sales for the year grew by 28%, with 1,353,134 new policies generating a total premium income of 380,898,750 Pounds Sterling. The new sales took the total number of in-force policies to 7,078,201 which equates to approximately one in four UK workers now being covered by term assurance.