WEST BURLINGTON, Iowa --- July 18, 2014 --- GE's Industrial Solutions business (NYSE: GE) is investing an additional $1.3 million in its West Burlington plant as a manufacturing center of excellence and is creating about 50 new jobs.
PETERBOROUGH (Ontario) -- 15 juillet 2014 -- General Electric (GE) Canada et Exportation et développement Canada (EDC) font équipe pour découvrir et présenter des entreprises canadiennes novatrices et ouvertes au commerce international intégrées à la chaîne d'approvisionnement de deux divisions de GE Canada à Peterborough, en Ontario.
EDC, principal fournisseur canadien de financement et d'assurance du commerce, présentera ses clients canadiens des secteurs de la technologie, de la fabrication et des services à GE Power Conversion et GE Hitachi Nuclear Canada à Peterborough.
(PETERBOROUGH, Ontario) -- July 15, 2014 -- General Electric (GE) Canada and Export Development Canada (EDC) are working together to identify and introduce innovative and globally minded Canadian companies into the supply chain of two GE Canada divisions in Peterborough, Ontario.
EDC, Canada's leading provider of trade financing and insurance, will introduce its Canadian technology, manufacturing and services customers to GE Power Conversion and GE Hitachi Nuclear Canada in Peterborough.
NORWALK, CT -- GE Capital today announced it is providing MerchSource LLC with a $130 million senior credit facility providing working capital for the company's operations in the U.S. and Hong Kong.
MerchSource, headquartered in Irvine, CA, ideates, designs, develops and distributes a variety of consumer products in categories including electronics, toys, home décor, household accessories and pet supplies. Their products are sold in some of the nation's largest retailers including Bed Bath & Beyond, CVS, Kohl's, Macy's, Target, Walgreens and Wal-Mart.
BETHESDA, MD, JULY 11, 2014 --- GE Capital's Healthcare Financial Services (HFS) business announced today that it is the sole lender on a $10 million senior secured term loan for OraMetrix, Inc. This transaction refinances the company's previous $7.5 million multi-draw senior secured term loan facility and provides it with an additional $2.5 million. Based in Richardson, TX, OraMetrix produces SureSmile, a digital and robotic system for orthodontic treatment. The funds will be used for working capital and growth initiatives.
NORWALK, CT, July 11, 2014 --- GE Capital's Telecom, Media and Technology (TMT) financing business announced today that sell-side analyst Raj Seth has joined as managing director and senior technology analyst. Seth brings more than 20 years of technology industry experience to a team delivering comprehensive lending solutions to middle market technology companies.
In 2013, TMT provided more than $5.5 billion over 59 deals, including $1.5 billion to technology businesses.
CHICAGO, IL -- GE Capital, Commercial Distribution Finance (CDF) announced today it has extended its inventory financing program with Bass Pro Shops through 2018. Bass Pro Shops, which owns boat manufacturer Tracker Marine Group, will use CDF funding to stock Tracker products in its 84 retail locations and to support programs for its network of independent dealers in North America. Bass Pro Shops has been a CDF customer for more than 25 years.
MISSISSAUGA, ON -- Les détaillants, les fabricants et les fournisseurs d'équipements agricoles prévoient une saison des récoltes meilleure ou similaire à celle de l'année dernière, ce qui devrait avoir une incidence positive sur les ventes d'équipements, selon les conclusions d'un sondage publiées aujourd'hui par la filiale GE Financement commercial aux détaillants (CDF) de GE Capital.
