RUTLAND, Vt.--(BUSINESS WIRE)--In an emergency situation, physicians and nurses need accurate information about patients in a hurry. An innovative health information technology project now running in two Vermont hospital emergency departments is meeting that need, by delivering accurate medication lists within seconds, even if a patient has never visited the hospital before.
Technology Will Help CSXT Reduce Emissions and Fuel Usage
Jacksonville, Fla. (July 17, 2007) -- General Electric announced delivery of CSXTransportation's (NYSE: CSX) 300th GE DC Evolution Series® locomotive. The unit bears road number 5501.
The unit features fuel-saving technologies to help CSX further reduce fuel costs while cutting down on noise and emissions. The GEVO 12 cylinder engine produces 4400 HP while achieving a fuel savings over the previous generation of GE locomotives and reduces, on average, regulated emissions by more than 40%.
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CHICAGO--(BUSINESS WIRE)--GE Antares Capital today announced it served as administrative agent for a $113 million senior secured credit facility to support Industrial Growth Partner's acquisition of API Heat Transfer Holding Company. GE Capital Markets served as sole lead arranger and bookrunner.
The credit facility consisted of a $20 million senior secured revolving facility, and a $93 million senior secured term loan. Proceeds from the financing were used to partially fund the acquisition of API Heat Transfer and to provide for its working capital needs.
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CHICAGO--(BUSINESS WIRE)--GE Healthcare Financial Services has provided a $3.3 million lease line of credit to BioStorage Technologies (BST). The Indianapolis, IN.-based company is a worldwide leader in short-term and long-term biomaterials storage, sample management and cold chain logistics. They will use the loan to support additional BST capital acquisitions.
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CHICAGO--(BUSINESS WIRE)--GE Antares Capital today announced it served as administrative agent for an $80 million senior secured credit facility to support Kohlberg & Company's ("Kohlberg") acquisition of Trico Products. GE Capital Markets served as sole lead arranger.
he senior secured credit facility consisted of an $80 million ABL revolving credit facility. Proceeds of the financing were used to fund Kohlberg's acquisition of Trico, and to provide for future working capital needs.
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LONG ISLAND, N.Y.--(BUSINESS WIRE)--GE Aviation was recently selected by General Dynamics Land Systems to supply electronic power systems technology on the U.S. Army's M1A2 Abrams main battle tank. The two-year contract is worth more than $7 Million, with GE providing three upgraded power supplies per tank.