WILMINGTON, NC-November 6, 2014-The U.S. Department of Energy (DOE) has selected GE Hitachi Nuclear Energy (GEH) to lead a research and development project to support advanced reactor technology development. GEH will receive a multi-million dollar federal investment to develop an updated safety assessment of the company’s PRISM sodium-cooled fast reactor.
- Company Planning Overhaul of 112-Year-Old Foundry
- Upgrades to Improve Production Efficiency, Quality and Delivery Capabilities
- Investment Reflects GE’s Continued Commitment to Lufkin, Texas, Workforce and Community
LUFKIN, TEXAS-November 6, 2014-Seeking to improve and sustain its manufacturing capabilities to meet the growing demand for oil and gas production and power transmission equipment, GE Oil & Gas (NYSE: GE) today announced it plans to invest $60 million in expanding and modernizing its foundry operations in Lufkin, Texas.
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CHICAGO, NOV. 5, 2014 -GE Capital, Commercial Distribution Finance (CDF), a leading provider of recreational vehicle (RV) dealer financing across North America, is a platinum sponsor of the RV Dealers International Convention and Expo, held in Las Vegas November 10-14 at Bally’s Hotel & Casino. Sponsored by the Recreational Vehicle Dealers Association (RVDA), the event gathers together RV dealers to learn the industry's latest trends and best practices.
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CHICAGO, Nov 5, 2014 - Lawn and garden companies are feeling optimistic about 2015, according to a survey conducted by GE Capital, Commercial Distribution Finance (CDF). Twenty-two percent of respondents think sales will grow 15 percent or more, with an additional 22 percent expecting growth between 10-15 percent and 38 percent expecting growth between 5-10 percent.
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CHICAGO - November 3, 2014 - GE Antares, a unit of GE Capital, announced today it is serving as administrative agent on a $104 million senior secured credit facility to support the acquisition of Teasdale Quality Foods, Inc. by Snow Phipps Group, LLC. GE Capital Markets served as lead arranger and bookrunner on this facility.
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- Modules Equip Designers with Leading Output Current Levels in Minimal Footprint
- GE’s Digital Modules Enable Enhanced Testing and Measuring Capabilities, Ensuring Optimal Operation
DALLAS-October 29, 2014-GE’s Critical Power business (NYSE: GE) today announced the availability of its new GDT080 GigaDLynx* digital point-of-load (POL) module, providing board designers a unit capable of industry-leading output current levels in a signific
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Eden Prairie, Minn. - October 28, 2014 - GE Capital Fleet Services’ maintenance control center, located at the business headquarters Eden Prairie, Minn., has been certified for the fourth time by BenchmarkPortal as a Center of Excellence, one of the most prestigious awards in the service and support industry.
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CHICAGO, OCT 28, 2014 - The motorsports industry is expecting to close out the year with strong sales, according to a survey conducted by GE Capital, Commercial Distribution Finance (CDF).
Fifty-three percent of respondents anticipate 2014 full-year sales growth of at least 10 percent, with an additional 24 percent of those respondents expecting sales to rise at least 5 percent. No respondents expect a decline in sales. This is close to last year’s survey results, with 60 percent of respondents anticipating at least 10% sales growth.