NORWALK, Conn.--09 January 2012-- GE Capital, Corporate Retail Finance today announced it is administrative agent and sole lender on a $65 million asset-based credit facility for Navarro Discount Pharmacy, LLC, a leading Hispanic-owned community drug store retailer in the U.S. The financing will be used to refinance debt and for general corporate purposes.
Third Party Certification Seen as Crucial as Oil and Gas Companies Look to Enhance Equipment Safety for Workers and the Environment
HOUSTON, TEXAS---December 19, 2011---Demonstrating a commitment to help industrial customers ensure the safety and security of their energy delivery and production equipment and facilities, GE (NYSE: GE) today announced its Becker Emergency Shutdown Valve (ESD) offering has received an important safety certification---the IEC 61508 Safety Integrity Level 3 (SIL 3).
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Funds new store development
SCOTTSDALE, Ariz.--08 December 2011-- GE Capital, Franchise Finance provided $2.8 million in financing to Four M Capital, LLC, a Buffalo Wild Wings Bar and Grill® franchisee. The funds will be used for two new store openings and to supplement an $8.7 million financing in 2010 which was used for new unit development and refinancing. Funding was provided through GE Capital, Franchise Finance's bank affiliate, GE Capital Financial Inc.
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FORT MCMURRAY, December 6, 2011 -- Today, GE will officially open its Oil Sands Support Centre in Fort McMurray, Alberta. The facility will provide greater local support to oil sands customers as they experience significant growth in this important sector. GE has a strong commitment and presence in the province of Alberta with offices in Calgary, Edmonton and surrounding areas.
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New Water Treatment Plant on Island of Eleuthera Benefits Water Scarce Region
TREVOSE, PA.---December 6, 2011---GE's (NYSE: GE) advanced desalination technology is helping a water scarce region in the Bahamas conserve water, expand water production and improve its access to clean drinking water.