GE Capital forecasts 8 percent growth in U.S. marine industry
CHICAGO, IL --- In light of an improving consumer outlook, more than half (51 percent) of marine industry survey participants say the best time to increase inventory levels is right now to be fully stocked for the spring selling season, according to results released today by GE Capital, Commercial Distribution Finance (CDF).
MALAYSIA --- February 28, 2013 --- (NYSE:GE) --- GE Lighting has implemented its technologically advanced T5 High Bay system at MASkargo Advance Cargo Centre, a 108-acre cargo handling complex located in Kuala Lumpur International Airport, Malaysia. The system, which is ideal for the warehouse industrial vertical, replaced 1,470 sets of halide lamps with Hi-Beam Lighting T5H0 high bay coupled with GE ELBS and GE T5HO 47W Watt-Miser lamps.
New GE Lights Result in Yearly Savings of US$300,000
GE Lighting together with its' OEM partner DEG Industrial has replaced 1,470 sets of halide lamps at Malaysia's MASkargo Advance Cargo Centre with its Hi-Beam T5 High Bay system using GE's technologically advanced system, a solution tailored for industrial vertical. The new lights significantly raised the level of illumination while generating a 50% reduction in energy usage. GE's more energy-efficient solution, coupled with reduced maintenance, will result in savings totaling an estimated US$300,000 per year.
CHICAGO --- GE Antares, a unit of GE Capital, announced today it closed more than 220 senior loan transactions, totaling $15.3 billion in financing, during 2012.
