New Meter will Help Build More Efficient, Sustainable and Reliable Electric Grids
ATLANTA, GA.---January 18, 2012---GE (NYSE: GE) announced today the availability of its new SGM3000™, a family of IEC smart energy meters designed specifically for utilities facing growing energy demands. GE's new IEC smart meter will lay the foundation to help Australia and the Middle East overcome 21st century energy challenges, building a more efficient, sustainable and reliable electric grid.
Mississauga, ON -- GE (NYSE: GE) today released the results of the second annual "Global Innovation Barometer" that confirms business' belief in innovation as the main driver of prosperity, competitiveness and job creation. The global study surveyed 2800 senior business executives in 22 countries. This year, Canada was included for the first time in the study.
Funds acquisition of 51 Jack in the Box units
SCOTTSDALE, Ariz.--17 January 2012-- GE Capital, Franchise Finance provided $18 million to Feast Foods, LLC, a Jack in the Box franchisee. The financing includes a $16.3 million term loan for the acquisition of 51 Jack in the Box units in Washington, Idaho and Oregon and a $1.7 million development line of credit. Funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.
Miami, FL -- January 17, 2012-- Data presented at the 6th Annual Human Amyloid Imaging (HAI) meeting in Miami suggest that the investigational imaging agent [18F] Flutemetamol could add value to current diagnostic tools used by physicians to evaluate neurodegenerative conditions like Alzheimer's Disease (AD). [18F]Flutemetamol is a GE Healthcare PET imaging agent in phase III development for the detection of beta amyloid.
- Healthy pipeline in place for 2012
- Customers seeing value beyond financing
NORWALK, Conn. --- GE Capital's Telecom, Media and Technology (TMT) financing business today announced it had completed 38 deals totaling $3.4 billion in financing during 2011.
"This has been an active year for financing across our industries," said Pete Foley, senior managing director of GE Capital's TMT team. "Despite continued uncertainty in the market, good transactions are being financed. It is encouraging to see these deals close and we remain optimistic about 2012."
WAUKESHA, WI -- JANUARY 10, 2012 -- GE Healthcare announced today a long-term agreement with Biosense Webster, Inc., in which the companies will co-distribute their leading electrophysiology (EP) systems --- including GE's CardioLab* EP Recording Systems and Biosense Webster's Carto® 3 navigation system --- in the United States, and will collaborate to enhance the functional integration of their recording, imaging and 3D mapping systems.
Funds real estate purchase and debt refinancing
SCOTTSDALE, Ariz.--10 January 2012-- GE Capital, Franchise Finance recently provided $11.9 million to BalRod Enterprises, Inc., a Wendy's franchisee. The facility is being used to refinance existing debt and to purchase real estate. A portion of the funding was provided through GE Capital's bank affiliate, GE Capital Financial Inc.
