PITTSFIELD, Mass.--(BUSINESS WIRE)--March 26, 2002--GE Plastics, a unit of General Electric Company (NYSE: GE) with headquarters here, today named Andre Horbach President, GE Plastics Europe. Horbach succeeds Charles E. Charlie Crew who was recently named President and Chief Executive Officer of LNP Engineering Plastics, a GE Plastics company. Horbach, was previously CEO of GE Bayer Silicones.
MILWAUKEE, Wis., and HILLSBORO, Ore.--(BUSINESS WIRE)--March 26, 2002
GE Gains Ability to Create Single Electronic Record for a Patient's Entire Medical Experience with Addition of Outpatient Care Electronic
Medical Record (EMR)
GE Medical Systems Information Technologies, a business of the General Electric Company (NYSE: GE), today announced that it has completed the acquisition of the MedicaLogic business, a leading developer of electronic medical records for outpatient care, for $35.25 million in cash.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--March 26, 2002--General Electric Company today announced that, as of 5:00 p.m., New York City time, on March 25, 2002, the consent solicitation relating to the 11 1/2% Senior Discount Notes due 2008, Series D of Telemundo Holdings, Inc. ("Telemundo Holdings") had expired.
As of such time, GE had received tenders of notes and related consents from 100% of the holders of the $293,891,000 outstanding Notes pursuant to the tender offer and consent solicitation commenced on March 11, 2002.
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GE's CF6 Engine Models Tailored For Boeing's
747-400XQLR Wide-Body
EVENDALE, Ohio--March 25, 2002--GE Aircraft Engines (GEAE) is
offering to The Boeing Company and its customers new versions of the
CF6-80C2 engine for the quieter, longer-range 747-400XQLR wide-body
aircraft, which is targeted for entry into service in 2004.
The 747-400XQLR is being developed in both passenger and freighter
versions and will offer significant improvements over current 747
noise performance. The noise reduction is a result of changes to the
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Kawai Musical Instruments Mfg. Co., Ltd. (Referred to hereinafter as Kawai; Head office: Hamamatsu City, Shizuoka Prefecture; President: Hirotaka Kawai) and GE Capital Consumer Finance Corporation (referred to hereafter as GE Capital Finance; Head office: Meguro-ku Tokyo;
President & CEO: Taketo Yamakawa) today reached agreement on terms under which Kawai will sell the sales finance business of its consolidated subsidiary Kawai Assist Co. Ltd. to GE Capital Finance in an asset transaction.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--March 21, 2002--In response to media and investor inquiries, General Electric Senior Vice President and Chief Financial Officer Keith Sherin today set forth the Company's approach to managing GE Capital's long-term bond offerings and debt portfolio.
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OVERLAND PARK, Kan.--(BUSINESS WIRE)--March 21, 2002
GE's Employers Reinsurance Corporation (GE ERC) (NYSE: GE) today announced it will form a single global property & casualty reinsurance business by combining its Property and Casualty Re Americas and Europe/Asia operating units. Rick Smith has been named President & CEO of the new Global P&C Re business.
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Frontier Airlines Places $60 Million CFM56-5B
Engine Order To Power Airbus A318s
EVENDALE, Ohio--March 21, 2002--Frontier Airlines (Nasdaq: FRNT)
today announced that it has placed a $60 million order for CFM56-5B/P
engines to power five firm Airbus A318 and two firm A319 aircraft.
Frontier will receive its first A319 aircraft in December, with A318
deliveries beginning in July 2003. The order also includes options for
five additional CFM56-5B/P-powered A318s.
The CFM56-5B is a member of the CFM56 engine family produced by