STAMFORD, CT. & LINDEN, N.J.--(BUSINESS WIRE)--The proposed project announced earlier today will consist of the design, construction, and operation of three Variable Frequency Transformers. Power will be transmitted through an existing cable running in bedrock 60 feet beneath the Arthur Kill waterway.
The corrected release reads:
GE TO AUCTION ELECTRIC TRANSMISSION CAPACITY FOR NEW YORK CITY FROM PROPOSED NJ TRANSMISSION PROJECT
ATLANTA--(BUSINESS WIRE)--GE Energy (NYSE: GE), a global leader in power generation technologies, and OJSC NPO Saturn, a leader in the machine building and jet engine industries in Russia, have announced their intent to invest and cooperate in a joint venture in the heavy duty gas turbine industry.
CHICAGO--(BUSINESS WIRE)--GE today announced that Jay Wileman has been named president and CEO of GE Equipment Services, Rail Services. Mr. Wileman will be responsible for the growth of the business through the development of new service offerings and global expansion while managing and growing its railcar and intermodal fleets.
He succeeds Ted Torbeck, who has moved to GE's Corporate unit to lead cost and growth initiatives.
NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance -- Corporate Lending today announced that it has served as administrative agent for a $95-million cash flow credit facility to support the acquisition of US Corrugated (formerly known as Lin Pac, Inc.), a vertically integrated corrugated packaging producer, from LINPAC Group Limited, U.K. GE will also provide interest rate risk management products and services.
NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance -- Corporate Lending today announced that it has served as administrative agent for a $95-million cash flow credit facility to support the acquisition of US Corrugated (formerly known as Lin Pac, Inc.), a vertically integrated corrugated packaging producer, from LINPAC Group Limited, U.K. GE will also provide interest rate risk management products and services.
Moscow, October 17, 2006 - GE Energy (a unit of generall Electric, Co,), a global leader in power generation technologies, and OJSC "NPO Saturn", a leader in Russian machine building and a leading company in the field of jet engines in Russia, have announced their intentions to invest and cooperate in the heavy duty gas turbine industry. The parties are actively holding discussions with the goal to create a joint venture.
business unit
tags
JENBACH, Austria--(BUSINESS WIRE)--Representing its largest order of Jenbacher biogas engines and the largest biogas power plant in the world, GE Energy (NYSE: GE) is supplying 40 high-efficiency, JMS 312 units to renewable energy developer, NAWARO Bioenergie AG, Leipzig, for an agricultural biogas project in eastern Germany, near the Polish border.
FAIRFIELD, Conn.--(BUSINESS WIRE)--GE announced today record third-quarter earnings from continuing operations of $5.1 billion or $.49 per share, up 10% and 14%, respectively, from third-quarter 2005. Revenues from continuing operations were $40.9 billion, up 12% from last year's third quarter.
"Our portfolio changes and long-term strategy are paying dividends," said GE Chairman and CEO Jeff Immelt. "The markets where we compete continue to be favorable for GE and our businesses are experiencing significant tailwinds.
