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R&D Magazine Proactive Award
http://video.state.gov/?fr_chl=8890f69de78ed78b359783ae73a5ceab3bcde722
November 6, 2007
Secretary Rice and Under Secretary Fore host the 2007 Secretary of State's Awards for Corporate Excellence.
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"The combined $10 billion in orders shows the tremendous demand for our advanced engine technology and services," said Scott Donnelly, president & CEO, GE Aviation. "Our knowledge of this market and relationships in the Middle East have been extremely valuable. This was our most successful show, and it demonstrates how we are winning around the world as the unprecedented demand for global infrastructure products continues to surge."
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New Delhi, November 15, 2007 -- GE Energy Financial Services, a unit of GE (NYSE: GE), is reinforcing its foothold in India's power market through KSK Power Venture Plc -- a leading power project developer in India. GE has acquired approximately 26% of the equity in Sayi Power Energy Limited, KSK's majority owner.
Additional financial details of the transaction were not disclosed.
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*GE is expanding MIC and imaging product portfolio to achieve $800M revenue by 2010
*Designed and developed "in India for India" and markets worldwide
*Aims to bring technology on par with developed countries
*Early detection and treatment of jaundice in newborns can help counteract the increasing newborn mortality rate in India
*Expands GE's Maternal-Infant Care (MIC) product portfolio with launch of Lullaby™
*Targets $30M market in India plus exports
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FAIRFIELD, CONN. -- November 8, 2007 -- GE will increase its pension benefit payments to more than 130,000 eligible retirees, effective December 1, 2007, GE Chairman and CEO Jeff Immelt announced today.
"We are pleased to provide a pension increase that recognizes the past achievements of GE retirees," Immelt said. "This improvement provides the largest amounts for those who have been retired the longest and generally have the greatest need."
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U.S. State Department November 2007
GE received the Award for Corporate Excellence (ACE) from U.S. Secretary of State Condoleezza Rice. GE was recognized for its extensive corporate social responsibility programs in Indonesia, specifically the Company's role in post-Tsunami relief efforts and its emphasis on employee volunteerism and educational programs.