PARIS, France, June 20, 2011 -- GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric [NYSE: GE] and European turboprop manufacturer ATR, today announced a new order for 15 ATR 72-600s, plus 15 options. The deal is valued at approximately US$680 million at list prices, including options. This is a first-time ATR order for GECAS.
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NEW YORK--20 June 2011-- GE today reached tentative agreements on new labor contracts with national leaders of its two largest unions, IUE-CWA and the United Electrical, Radio and Machine Workers of America (UE), after four weeks of intense negotiations. The agreements are subject to review by union negotiating committees and ratification by union members by June 30, 2011.
GE's existing four-year national contracts with IUE-CWA and the UE expire at midnight tonight.
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- Underlines GE's commitment to strengthen Saudi national workforce across its operations in the Kingdom
Riyadh, Saudi Arabia; June 18, 2011: GE (NYSE: GE) is extending rewarding career opportunities for Saudi Arabian nationals across its various businesses in the Kingdom of Saudi Arabia at the Saudi Arabian Cultural Ministry (SACM) Career Fair being held at the Gaylord National Harbor, Washington DC from June 17 to 19, 2011.
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CINCINNATI--(BUSINESS WIRE)--An industry-leading integrated propulsion system (IPS) will be highlighted at the Paris Air Show, where a functional scale model demonstrating key elements of this next-generation configuration will be displayed by Nexcelle -- the engine nacelle joint venture of GE Aviation's Middle River Aircraft Systems and the Safran group's Aircelle company.
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AUSTIN, TEXAS---June 16, 2011---GE (NYSE: GE) today announced that Dresser Wayne, global innovator of fuel dispensers and technologies, will now operate under the brand name Wayne™. The company will go to market as Wayne with the tagline, "A GE Energy Business." GE acquired Dresser, Inc., including its Dresser Wayne business segment, in February 2011.
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NORWALK, CT-- June 16, 2011 --- GE Capital, Corporate Finance today announced it is administrative agent for a $700 million cash flow credit facility to Blount International, Inc. The loan refinances existing debt and will support growth. GE Capital Markets served as joint lead arranger.