FORT MCMURRAY, December 6, 2011 -- Today, GE will officially open its Oil Sands Support Centre in Fort McMurray, Alberta. The facility will provide greater local support to oil sands customers as they experience significant growth in this important sector. GE has a strong commitment and presence in the province of Alberta with offices in Calgary, Edmonton and surrounding areas.
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New Water Treatment Plant on Island of Eleuthera Benefits Water Scarce Region
TREVOSE, PA.---December 6, 2011---GE's (NYSE: GE) advanced desalination technology is helping a water scarce region in the Bahamas conserve water, expand water production and improve its access to clean drinking water.
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Funds recapitalization of The Beekman Group portfolio company
SCOTTSDALE, Ariz.--06 December 2011-- GE Capital, Franchise Finance recently provided a $21.5 million credit facility to The Beekman Group's portfolio company, TBG Food Acquisition Corp. (TBG FAC), a Dunkin' Donuts franchisee operating company. The facilities include an $18.5 million term loan and a $3 million revolver. Part of the funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.
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GE Capital's study into Australia's mid-market points to a critical time in the growth outlook for a part of the economy capable of acting as a broader engine for growth.
[Melbourne, Australia]: Data from a new study shows that Australian medium sized businesses have and continue to be more focused on growth than any other sector in the Australian economy. But falling future expectations of growth are now clouding the prospects for the mid-market which generates more than one third of the economy's total revenue and hires more than 3.2 million Australians.
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San Francisco, CA - UCSF and the Cell Technologies business of GE Healthcare Life Sciences have begun a unique collaboration aimed at overcoming the lack of blood-forming stem cells available to patients suffering from life-threatening diseases such as lymphoma, myeloma, leukemia or sickle cell anemia. The goal of the $840,000, three-year project is to make better use of a rich source of routinely discarded stem cells: umbilical cord blood from the birth of a baby.
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SINGAPORE, December 1, 2011 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing arm of GE, announced the delivery of a new Airbus A320 aircraft to Airphil Express to help the carrier expand its fleet. The aircraft is part of GECAS' existing order book with Airbus.
Airphil Express operates a fleet of 16 aircraft to 29 destinations.