LOUISVILLE and LEXINGTON, Ky. --- June 13, 2013 --- (NYSE:GE) --- The University of Kentucky (UK) and GE Appliances have entered a master agreement to collaborate on research projects that could yield new inventions in the field of major appliances.
Toronto (ON), 13 JUIN 2013 -- GE Capital, Canada a annoncé aujourd'hui qu'elle agit à titre d'agent administratif d'une facilité de crédit de premier rang d'une valeur de 66 millions $ pour Van-Rob Inc. (« Van-Rob »), un important fabricant international de pièces automobiles. Les fonds serviront au refinancement d'un prêt à terme existant, à soutenir de nouveaux investissements en capital, pour des fins de fonds de roulement et à d'autres initiatives corporatives. GE Capital, Canada a aussi agi à titre d'arrangeur principal du syndicat de prêteurs.
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TORONTO (ON), June 13, 2013 -- GE Capital, Canada announced it served as administrative agent on a $66 million senior secured credit facility for Van-Rob Inc. ("Van-Rob"). Van-Rob, a leading global Tier One automotive parts manufacturer, will use the proceeds to refinance an existing term loan, support capital expenditure needs, provide working capital, and for other general corporate purposes. GE Capital, Canada also served as lead arranger of the lenders' syndicate.
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GE Strengthens Team to Support Growing China Industry
PARIS---June 13, 2013---GE (NYSE: GE) announced today the appointment of Mr. Bo Liu as president for GE's Power Conversion business in China. Mr. Liu was most recently the regional leader for GE Oil & Gas and has more than 15 years experience working for GE.
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SHANNON, Ireland, June 13, 2013 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, announced it has delivered seven new leased Boeing 737-800s to Scandinavian Airline Systems (SAS) to expand and modernize the carrier's fleet.
The aircraft were delivered during the period April 2012 to May 2013 and came from GECAS' existing order book with Boeing. Additionally, GECAS is scheduled to deliver two new leased 737-800s to SAS in 2014.
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Calgary, June 12thIn May, the PII team in Canada reached one million work-hours worked without a Lost Time Injury. A Lost Time Injury (LTI) is defined as any work related injury or illness that results in an employee being unable to carry on his/her assigned duties.
This historic accomplishment reflects the collective efforts of the team and the Environmental Health and Safety (EHS) culture PII Canada has adopted as one of its main pillars. This milestone achievement was recognized by the GE's Corporate EHS team in Canada as well as GE Oil & Gas.
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FAIRFIELD, Conn.--GE (NYSE: GE) Chairman and CEO Jeff Immelt announced today the appointment of Keith Sherin as chairman and CEO of GE Capital, succeeding Mike Neal, who is retiring. Immelt also announced that GE Capital CFO Jeff Bornstein will succeed Sherin as CFO of GE. The appointments are effective July 1, 2013.
"Mike and his team helped keep GE Capital safe and secure and transformed it into a more focused and valuable business that is an important part of GE's future. We are all grateful to Mike for his many contributions to our company."
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CALGARY, ALBERTA---June 11, 2013--- In May, the PII Pipeline Solutions team in Canada reached 1 million work hours without a lost time injury (LTI). An LTI is any work-related injury or illness that results in an employee being unable to carry on his/her assigned duties.