EDEN PRAIRIE, MN., November 15, 2002 -- GE Fleet Services announced today it has signed an agreement to purchase Wells Fargo Fleet Services based in Minneapolis. Details of the transaction were not disclosed. Completion of the deal is expected in late November subject to final approvals.
Wells Fargo Fleet Services is a subsidiary of Wells Fargo & Company and represents approximately $65.5 million in assets, with more than 5500 commercial vehicles under lease and service management.
November 14, 2002 -- EVERETT, Wash., Nov. 14, 2002 - In front of a crowd of more than 4,000 guests that included employees, suppliers, partners and airline customers, Boeing [NYSE: BA] today unveiled the fourth member of the Boeing 777 family, the 777-300ER (extended range) jetliner.
LOUISVILLE, Ky.--(BUSINESS WIRE)--Nov. 14, 2002--The GE Profile Advantium(TM) oven with Speedcook technology is available in a variety of configurations and voltage options.
GE offers consumers choices that fit their kitchen floor plans and voltage needs, whether installing an Advantium oven above the cooktop or over a free-standing range, over a wall oven or a warming drawer, or by itself, explained Jerry Wolff, Global Products marketing manager for GE Consumer Products.
November 14, 2002 -- EVENDALE, Ohio - Pakistan International Airlines (PIA) has selected GE Aircraft Engines (GEAE) to power eight new Boeing wide-body aircraft.
As part of a fleet expansion program, PIA ordered GE's GE90-94B engine to power three 777-200ER aircraft. In addition, PIA ordered the higher-thrust GE90-115B engine to power three longer-range Boeing 777-300ER aircraft and the derated GE90-110B1 engine for two 777-200LR aircraft.
Based on the manufacturer's list price, the value of the engine order for the eight GE90-powered 777s exceeds $400 million.
FAIRFIELD, Conn.--(BUSINESS WIRE)--Nov. 12, 2002--General Electric has announced the appointment of three new company officers.
Carol Anderson, 46, is Vice President, Human Resources for GE Commercial Finance, serving in this role since September 2002. Anderson joined GE in 1986. She has spent her 16-year tenure in various leadership development, executive compensation and HR management roles at GE Capital and GE Corporate. She holds a B.A. in Psychology and Business from Ithaca College and an MBA from Columbia University.
PITTSFIELD, Mass.--(BUSINESS WIRE)--Nov. 11, 2002--Rubbermaid(R) Home Products knew that the next generation of food storage containers needed to meet certain consumer demands in order to be successful. First, and most importantly, they had to be stain resistant -- especially to the unsightly stains that come from tomato-based food products. They had to be durable and virtually unbreakable. They had to be microwave and dishwasher safe. Finding a material that could meet all of these consumer demands was no small task.
PITTSFIELD, Mass.--(BUSINESS WIRE)--Nov. 11, 2002--Rubbermaid(R) Home Products knew that the next generation of food storage containers needed to meet certain consumer demands in order to be successful. First, and most importantly, they had to be stain resistant -- especially to the unsightly stains that come from tomato-based food products. They had to be durable and virtually unbreakable.
ERIE, Pa.--(BUSINESS WIRE)--Nov. 8, 2002--GE Transportation Systems recently announced the integration of its newly formed Marine & Stationary Power component into its portfolio of product offerings. The division supplies competitive products including GE diesel and EMD(1) compatible engines and components for the marine, power and industrial markets.
