Capital Solutions for the Home Product Industry (CSHPI) announced the launch of a dealer inventory financing program with Funai Corporation, the company behind the Emerson, Sylvania, Magnavox and Philips brand names. CSHPI is the trade name of GE Capital, Commercial Distribution Finance in the electronics and appliance industries.
GE Capital's Healthcare Financial Services business has provided $90 million in senior secured credit facilities to Guardian Healthcare, a leading Medicare-certified provider of professional home healthcare services based in McKinney, TX. The company has 30 locations throughout Texas, Ohio and Oklahoma.
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New Expansion Increases Overall Investment in GE's Largest Technology Center to Over $100 Million, Underscoring Its Long-Term Commitment to the Kingdom and the Middle East
DAMMAM, SAUDI ARABIA---June 29, 2010---Further expanding its knowledge-sharing commitment to Saudi Arabia and the region, GE (NYSE:GE) today announced it will add a training center at the site of the new GE Energy Manufacturing Technology Center in Dammam. The new advanced training center will bring GE's total investment in the Dammam site to approximately $100 million.
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New Expansion Increases Overall Investment in GE's Largest Technology Center to Over US$100M, Underscoring its Long-Term Commitment to the Kingdom and the Middle East
Dammam, Saudi Arabia: Further expanding its knowledge-sharing commitment to Saudi Arabia and the region, GE (NYSE:GE) today announced it will add a training center at the site of the new GE Energy Manufacturing Technology Center in Dammam. The new advanced Training Center will bring GE's total investment in the Dammam site to approximately $100 million.
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CLEVELAND, OH and LOS ALTOS, CA (June 28, 2010) -- LED (light emitting diodes) lighting solutions are taking center stage as interest and demand grow for energy-efficient lighting innovations and as governments around the world enact strict energy standards. To accelerate LED product development, GE Lighting, a unit of the General Electric Company's (NYSE: GE) Appliances & Lighting business, and Rambus Inc.