SÃO PAULO, BRAZIL (February 10, 2003) --- GE Hydro is supplying three hydro turbines, generators and additional equipment to Campos Novos Energia S.A. for a new, 880-megawatt power plant in Campos Novos, Santa Catarina, Brazil.
Under the US$47.8 million contract, the equipment will be installed at the new Usina Hidrelétrica Campos Novos facility along the Canoas River. Scheduled to enter service in 2006, the plant will provide power for the wholesale power market in Brazil.
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PITTSFIELD, Mass.--(BUSINESS WIRE)--Feb. 6, 2003--GE Plastics, a leading worldwide producer of engineering thermoplastics and a division of General Electric Company (NYSE: GE) today announced a one-year sponsorship of the DEWALT #17 stock car, driven by Matt Kenseth in the 2003 NASCAR Winston Cup Racing Series.
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PALO ALTO, Calif.--(BUSINESS WIRE)--Feb. 6, 2003--The Electricity Innovation Institute (E2I), an affiliate of the Electric Power Research Institute (EPRI), has selected a team headed by GE Global Research to assist in the initial development of an industry-wide architecture to meet the emerging needs of a digital society.
The 18-month, multi-million dollar project will define an overall technical framework for the design of communications and intelligent equipment necessary to support the "smart grid" electric system of the future.
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Dubai, February 6, 2003 ---- General Electric (GE) has been named the world's most respected company for the fifth consecutive year by the Financial Times, in a worldwide survey of chief executives conducted by PricewaterhouseCoopers.
"It's an honour for us to receive this great accolade as it reflects positively on GE businesses around the world and is an achievement based on consistency in performance and adherence to core values," said Abdullah Taibah, Corporate Regional Executive for GE in the Middle East.
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BOCA RATON, Fla.--(BUSINESS WIRE)--Feb. 4, 2003--GE Interlogix, CASI Division today announced Picture Perfect 2.0(TM) an enterprise access control and security management system.
The new release offers many enhancements including advanced access control technology, alarm monitoring capabilities, scalability and availability in stand alone, redundant and enterprise environments.
Most of the Fortune 100 security systems run on CASI access control systems from GE Interlogix, said Juan Cabezas, president of GE Interlogix, CASI Division.
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ATLANTA, GEORGIA (February 4, 2003) --- GE Power Systems today announced it has acquired majority ownership of Kvaerner Power Equipment Co., Ltd (Kvaerner Hangfa) of Hangzhou, China, one of the leading suppliers of hydropower generation equipment in China. This transaction marks the largest acquisition by GE Power Systems in the People's Republic of China.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--Feb. 4, 2003--
Before planes, trains and ships, people had two options: walk or trot. Today, we often take for granted our global accomplishments in mobility. This latest installment of GE's Innovation Update highlights some of the latest transportation innovations that will help us accomplish our travel needs, whether for work or play.
GE's Evolution Series Locomotive Exceeds EPA Standards
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Ryanair Announces New CFM56-7 Order To Power 22 Firm Boeing 737s EVENDALE, Ohio--January 31, 2003--Dublin, Ireland-based low-cost carrier Ryanair today announced that it has placed an order for additional CFM56-7 engines to power 22 firm Boeing 737-800 aircraft, as well as taking options on 78 more.
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NEW YORK--(BUSINESS WIRE)--Jan. 29, 2003--50th Anniversary Celebration of GE LEXAN(R) Resin Illustrates Practical Applications of Science
Ask any child where plastic comes from and nearly a third will say a rubber tree plant, a plastic tree or even outer space(a).
Today, GE Plastics, a division of General Electric Company (NYSE: GE), hosted its first LEXAN(R) Resin Innovation Day to help kids learn about the impact plastic has on their everyday lives and to generate excitement about science by encouraging imaginative thinking.