HOUSTON--(BUSINESS WIRE)--Feb. 15, 2002--At an award ceremony held today, two GE businesses located at the same Houston-area site received OSHA's highest honor for safety and health management, Voluntary Protection Program (VPP) Star status. The business units are GE Aero Energy Products and GE Aeroderivative and Package Services.
FAIRFIELD, Conn.--(BUSINESS WIRE)--Feb. 15, 2002--The Board of Directors of General Electric Company (NYSE:GE) today authorized a regular quarterly dividend of $0.18 per outstanding share of the Company's common stock. The dividend is payable April 25, 2002 to shareowners of record at the close of business on March 1, 2002. The ex-dividend date is February 27, 2002.
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LONDON--(BUSINESS WIRE)--Feb. 13, 2002--
Using GXS's e-Auctioning Solution BSI has Achieved Over 17% Savings On
Services and 13% on Capital Equipment
The British Standards Institution (BSI) has run its first e-Auctions using the Selection Fast Track Programme from leading B2B E-commerce provider, GE Global eXchange Services (GXS).
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GE Power Systems Acquires KVB-Enertec, a Leader In Air Emissions Monitoring and Data Acquisition ATLANTA--(BUSINESS WIRE)--Feb. 13, 2002--GE Power Systems today announced the acquisition of KVB-Enertec, one of the largest suppliers of air emissions monitoring and data acquisition in the U.S.
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WILTON, Conn.--(BUSINESS WIRE)--Feb. 12, 2002--In a move that will launch GE into a new business segment and add $1 billion in annual sales, GE Specialty Materials, a unit of General Electric Company (NYSE:GE), today announced that it has entered into an agreement to acquire the water treatment services business of BetzDearborn from Hercules Incorporated (NYSE:HPC).
This transaction, which is subject to regulatory approval, is expected to close in spring 2002. The purchase price is $1.8 billion.
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GE Awarded $126 Million SDD Contract For The C-5
Galaxy Modernization Program EVENDALE, OHIO--February 11, 2002--Lockheed Martin Aerospace Company has awarded to GE Aircraft Engines (GEAE) a $126 million contract to provide CF6-80C2 propulsion systems for the System Development and Demonstration (SDD) phase of the U.S. Air Force C-5 Galaxy Reliability and Enhancement and Re-engining Program (RERP).
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GE Industrial Systems Extends Tender Offer for Shares of Interlogix, Inc. PLAINVILLE, Conn.--(BUSINESS WIRE)--Feb. 8, 2002--GE Industrial Systems, a division of General Electric Company (NYSE:GE), today announced that the tender offer for shares of Interlogix, Inc.
(Nasdaq:ILXI), which was commenced on December 28, 2001 and is currently scheduled to expire at 6 p.m., New York City time, on February 11, 2002, will be extended to expire at 6:00 p.m., New York City time, on February 19, 2002, to allow for the expiration of regulatory review periods in Austria and the Czech Republic.