NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance -- Corporate Lending today announced it has provided a $200 million asset-based credit facility to KB Toys, Inc., the largest mall-based toy retailer in the U.S. The loan will be used to refinance existing debt and for working capital needs.
In business for over 80 years, KB Toys is based in Pittsfield, Massachusetts and operates stores throughout the U.S., Guam and Puerto Rico.
NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance -- Corporate Lending today announced it has provided a $200 million asset-based credit facility to KB Toys, Inc., the largest mall-based toy retailer in the U.S. The loan will be used to refinance existing debt and for working capital needs.
In business for over 80 years, KB Toys is based in Pittsfield, Massachusetts and operates stores throughout the U.S., Guam and Puerto Rico.
NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance -- Corporate Lending today announced it has provided a $200 million asset-based credit facility to KB Toys, Inc., the largest mall-based toy retailer in the U.S. The loan will be used to refinance existing debt and for working capital needs.
In business for over 80 years, KB Toys is based in Pittsfield, Massachusetts and operates stores throughout the U.S., Guam and Puerto Rico.
ORLANDO, Fla.--(BUSINESS WIRE)--GE (NYSE: GE) and Masco Contractor Services (MCS) today revealed initial details of a new program that they are establishing to help homebuilders and residential developers create homes that lead the market in whole-home energy efficiency, water conservation, and the use of renewable power.
The program integrates high-performance products and advanced principles of building science into a simple upgrade package for builders that benefits return-on-investment for homebuyers.
FAIRFIELD, Conn.--(BUSINESS WIRE)--The Board of Directors of General Electric Company (NYSE:GE) today authorized a regular quarterly dividend of $0.28 per outstanding share of the Company's common stock. The dividend is payable April 25, 2007 to shareowners of record at the close of business on February 26, 2007. The ex-dividend date is February 22, 2007.
ORLANDO, Fla.--(BUSINESS WIRE)--GE (NYSE: GE) and Masco Contractor Services (MCS) today revealed initial details of a new program that they are establishing to help homebuilders and residential developers create homes that lead the market in whole-home energy efficiency, water conservation, and the use of renewable power.
The program integrates high-performance products and advanced principles of building science into a simple upgrade package for builders that benefits return-on-investment for homebuyers.
ECHTERNACH, Luxembourg--(BUSINESS WIRE)--When Vejle, Denmark-based Gumlink A/S decided to sell its famous chewing gum brands and manufacture products for other companies instead, the production and automation teams helped to drive the transformation. Manufacturing for business customers required a greater degree of flexibility and efficiency to handle many different gum products and packaging.
ORLANDO, Fla.--(BUSINESS WIRE)--At the International Builders' Show in Orlando, Fla., GE Plastics announced that its Lexan1 Thermoclear1 multiwall polycarbonate (PC) sheet will be featured on Centerpoint translucent roofs for the National Homebuilder Mainstream GreenHomeTM currently being constructed in Raleigh, N.C.
CHALFONT ST. GILES, England--(BUSINESS WIRE)--GE Healthcare announced today that it has completed a license agreement with Applied Biosystems, granting Applied Biosystems access to GE Healthcare patents for the biomagnetic isolation of nucleic acids. The license, which is valid for the lifetime of the patents, grants Applied Biosystems certain rights with respect to the isolation and purification of nucleic acids using GE Healthcare's proprietary magnetic separation technology.
