NEW YORK--(BUSINESS WIRE)--May 19, 2003--The General Electric Company today began negotiations on new national contracts with the International Union of Electronic Workers/Communications Workers of America (IUE-CWA) and the United Electrical, Radio and Machine Workers of America (UE). Separate talks will be held with each union. The current three-year contracts with the unions expire at midnight on June 15.
CHICAGO--(BUSINESS WIRE)--May 19, 2003--GE Corporate Lending is serving as the lead agent for the $250 million debtor-in-possession financing facility secured by NRG Energy, Inc. in connection with NRG's voluntary filing on May 15 for reorganization under Chapter 11 of the U.S. Bankruptcy Code.
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PITTSFIELD, Mass.--(BUSINESS WIRE)--May 19, 2003-- EZ-D Will Feature Titles from Buena Vista Home Entertainment Including The Recruit, The Hot Chick, 25th Hour, Frida & Signs -- Flexplay Technologies, Inc, a privately held company based in New York, today announced that Buena Vista Home Entertainment Division of The Walt Disney Company (NYSE: DIS) will use its flexible time play DVD technology to make movies available to consumers in test markets beginning this August.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--May 16, 2003--
The Advertising Industry's Most Highly Regarded Interactive and New Media Awards Recognizes GE for Creative Excellence "Beyond the Banner"
General Electric (NYSE:GE), the world's largest diversified technology and services company, today announced it's interactive viral application, known as "Pen," was awarded the Gold Pencil at the One Show Interactive Awards Ceremony in New York City on May 7.
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PLAINVILLE, Conn.--(BUSINESS WIRE)--May 14, 2003--GE Industrial Systems, a $6 billion unit of the General Electric Company (NYSE: GE), is providing standardization of energy efficiency measurements for the 2003 Tour de Sol Great American Green Transportation Festival.
GE's kV meter is a required component of every battery-aided vehicle of tomorrow entered in the competition and is used to accurately measure electrical energy consumption in the Tour vehicles.
GE has been a proud sponsor of the Tour de Sol for six years, which runs this year May 10-14.
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PLAINVILLE, Conn.--(BUSINESS WIRE)--May 14, 2003--GE Industrial Systems, a $6 billion unit of the General Electric Company (NSYE: GE) announced today it has completed the acquisition of SI Pressure Instruments, a unit of Hill & Smith Holding, PLC.
SI Pressure Instruments is a global provider of advanced technology, pressure instruments and measurement systems for many of the world's essential industries, including: aerospace, automotive, food, oil and gas, power generation, utilities, marine and process engineering.
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ATLANTA, GEORGIA (May 12, 2003) --- GE Power Systems announced today the successful completion of its acquisition of Jenbacher AG of Austria, a global manufacturer of reciprocating engines for power generation.
Over 95% of Jenbacher's outstanding shares were tendered by April 25, the end of the offer period, paving the way for GE to complete the transaction. Today's closing was the final step in the acquisition which had previously received all of the required regulatory approvals.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--May 6, 2003--GE will Webcast the presentation by Chairman and CEO Jeff Immelt at the Electrical Products Group Conference on Wednesday, May 7 at noon EDT. Immelt's presentation will be available at www.ge.com/investor.