EAST CLEVELAND, Ohio --- Aug. 6, 2013 --- (NYSE:GE) --- Offering modern style in area and street lighting, GE's new Evolve™ LED Decasphere area light provides an energy-efficient and high quality means for optimizing the illumination of roadways and walkways. Its advanced LED lighting technology delivers excellent horizontal and vertical uniformity, reduced glare and enhanced lighting control.
Eden Prairie, Minn. -- August 6, 2013 -- GE Capital Fleet Services today announced a major milestone with the sale of its 100,000th customer vehicle through its Remarketing by GE program. Launched in 2007, Remarketing by GE has enabled more than 300 customers nationwide---including credit unions, independent finance companies, banks, and corporations with owned fleets---to outsource the disposition of automotive assets to GE Capital Fleet Services' team of professional automotive remarketers.
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SCOTTSDALE, AZ --- GE Capital's Franchise Finance business announced today that it has provided financing to an affiliate of Roark Capital Group for the acquisition of Miller's Ale House, a 65-unit casual dining chain based in Jupiter, FL with approximately $300 million in system-wide sales. GE Capital served as administrative agent, with GE Capital Markets serving as joint lead arranger and joint bookrunner.
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Over €1.5bn of new facilities signed across cash flow and asset backed lending transactions in 1H 2013
London, 25 July, 2013: GE Capital EMEA, the specialised finance provider active in 19 markets across EMEA, has signed a record number of new business wins across its structured finance business in 1H 2013, driving a 2x increase versus the same period in 2012.
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Enhances technology capabilities of GE Aviation
Positions the Italy-based company for growth beyond aviation industry
FAIRFIELD, CT (USA) -- GE announced today that it has completed the acquisition of the aviation business of Avio S.p.A., a leading, Italy-based provider of civil and military aviation components and systems.
The purchase price was $4.3 billion U.S. (€3.3 billion). GE did not purchase Avio's space unit.
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Company Investing in New Manufacturing Hall and Office Building and Adding 114 New Jobs
FÓT, HUNGARY---July 31, 2013---GE (NYSE: GE) today announced the expansion of its existing oil and gas facility in Fót, Hungary. It will host the state-of-the-art manufacturing base of central unit control panels (UCP) for gas and steam turbine power plants. Bringing UCP production to Hungary is the latest in a long line of GE investments to align its production to new customer needs and to extend its technology capability locally and globally.