Commercial foodservice traffic to grow 1.7% 2012-2016
TORONTO, May 30, 2012 /CNW Telbec/ - Quick-service restaurant (QSR) outlets will likely see the greatest sales gains in the years ahead even as full-service restaurants (FSRs) become less popular, according to the first annual Canadian Chain Restaurant Industry Review, an extensive research report commissioned by GE Capital and compiled by fsSTRATEGY and NPD Group Canada. Today, QSRs capture 64% of total foot traffic and 44% of all sales at commercial restaurants, while FSRs see 25% of traffic and 49% of industry dollars.
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- Enables Faster and Simplified Access to Non-Operational Data
- Provides a Cost-Effective RTU Upgrade Solution
- Simplifies Integration into NERC-CIP Environments through Built-in Advanced Security Features
MARKHAM, ONTARIO---May 23, 2012---GE Energy (NYSE: GE) announces the release of its Multilin D400 Advanced Substation Gateway with Distributed I/O Controller for the consolidation and optimization of substation monitoring, control and communications.
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EDEN PRAIRIE, Minn.--24 May 2012-- Forty-six percent of fleet managers cite cost savings as the primary focus of executive management as it relates to their company's fleet operations, according to a recent survey conducted by GE Capital Fleet Services. This was followed by on-time delivery and service, driver safety and resource productivity (all 15 percent).
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* Healthymagination is GE's company-wide $6 billion global commitment to lowering cost and increasing access to quality healthcare
FAIRFIELD, Conn.--21 May 2012-- GE announced today that Sue Siegel has been named a GE Corporate Vice President and will serve as CEO of healthymagination, GE's $6 billion global commitment to provide better health for more people by lowering costs and increasing access.
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Funds refinancing
SCOTTSDALE, Ariz.--16 May 2012-- GE Capital, Franchise Finance recently provided a $4.1 million credit facility to Hinz JJ, LLC, a Jimmy John's franchisee. The financing included $2.6 million to refinance debt and a $1.5 million development line of credit. The funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.
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EDEN PRAIRIE, Minn.--10 May 2012-- GE Capital Fleet Services today announced the launch of IntelliGauge, a mobile fuel and CO2 calculator application that allows users to compare components of their current vehicles against future vehicles. IntelliGauge is designed to help companies and consumers alike make smart decisions on their vehicle purchases. IntelliGauge is free to use and is optimized for use on iPads, smartphones and desktops.
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Funds recapitalization for Wichita, KS-based operator
SCOTTSDALE, Ariz.--10 May 2012-- GE Capital, Franchise Finance provided an $80 million senior credit facility to F&H Acquisition Corp., a restaurant company majority-owned by affiliates of Newcastle Capital Management, L.P. and Steel Partners Holdings L.P. The financing includes a $72.5 million term loan and a $7.5 million revolving line of credit to assist in recapitalizing the company's balance sheet.
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Lake Nona and GE to develop innovative health and sustainability community
Orlando, Fla. -- May 9, 2012 -- (NYSE: GE) -- Just east of Orlando's international airport, the state-of-the-art community of Lake Nona is quickly developing with billions of dollars in new facilities, thousands of high-value jobs and modern neighborhoods.
The 7,000-acre master-planned Lake Nona community will provide healthy living and sustainability products for residents and businesses working with GE solutions.