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Press Release

GE CEO Jeff Immelt Makes Statement Regarding Synchrony Financial IPO

July 31, 2014

FAIRFIELD, Conn. - July 31, 2014 - GE [NYSE: GE] Chairman and CEO Jeff Immelt made the following statement today:

“Today, we successfully executed the IPO of our North American Retail Finance business, Synchrony Financial. This is an exciting time for the Synchrony Financial team, and we are proud to be SYF shareholders.


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More Than Money: IPO Takes GE Finance Arm in a New Direction

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More Than Money: IPO Takes GE Finance Arm in a New Direction

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When the Audax Group acquired Aavid Thermaloy, a top maker of heat sinks and cooling systems for everything from PCs to EVs, in late 2012, the private equity firm used a loan from GE Capital to close the transaction. Sounds like a plain vanilla financing deal, but it did not stop there.

The Boy and the Bionic Hand: A Chance Hospital Encounter Sent an Engineer on an Improbable Mission

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The Boy and the Bionic Hand: A Chance Hospital Encounter Sent an Engineer on an Improbable Mission

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by Tomas Kellner, GE Reports

gereports:

One sunny Thursday afternoon last October, Lyman Connor climbed on his bicycle and pedaled from his Roanoke, Va., home for a ride along the scenic Blue Ridge Parkway. He didn't make it back that day.

Press Release

GE Helps the Laundry Room Escape the Basement by Introducing a Dryer with a 70 Percent Longer Venting Capability

July 30, 2014

Manufacturing Begins For Fusion Reactor Parts  by Michael...

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Manufacturing Begins For Fusion Reactor Parts  by Michael...


At the heart of the tokamak are giant D-shaped magnets that will confine 150 million degree C plasma. This is where fusion will take place.

The magnets are comprised of toroidal field coils, each of which is made of seven subassemblies called double pancakes.

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