GE Hydro Repowering Two Power Plants in Sweden with New, Environmentally Friendly Turbine Runners OSLO, Norway--(BUSINESS WIRE)--Oct. 31, 2002--GE Hydro, a business unit of GE Power Systems, has been awarded contracts by Vattenfall Vattenkraft AB, Sweden's largest electric utility, for the repowering of two hydro turbines with environmentally friendly runners.
Dubai, October 31, 2002 ---- General Electric has announced its third-quarter earnings of U.S.$4.1 billion, reflecting a growth of 25 percent over the third quarter 2001. The promising earnings, in addition to a 16 percent increase in cash flow from operations, "are a testament to the effectiveness of GE's key strategic initiatives and business model in promoting growth in all of our diversified businesses around the world, including the Middle East region," said Nabil Habayeb, National Executive, General Electric, Gulf.
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TUCSON, Ariz.--(BUSINESS WIRE)--Oct. 30, 2002-- New GE T8 Ultra Watt-Miser(R) System Delivers $45,000 in Annual Energy Savings
Columbia University Biosphere 2 Center, outside Tucson, Arizona, recently announced an ambitious goal to become energy `self-sufficient' by the year 2012. An important first step turned out to be as simple as changing the light bulbs.
The Biosphere 2 Center selected GE Lighting and Earth Savers, a Tucson, AZ based energy conservation company, to install the latest in energy-efficient lighting products.
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ATLANTA--(BUSINESS WIRE)--Oct. 29, 2002--GE Digital Energy, a unit of GE Industrial Systems and the General Electric Company (NYSE:GE) and a leading provider of critical power products and services to the digital marketplace, has announced the availability of the Signature(TM) 5000 Series, a new line of Uninterrupted Power Supply (UPS) systems for the North American marketplace.
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GE Oil & Gas to Supply Equipment for New Gas Processing Plant in Indonesia ATLANTA--(BUSINESS WIRE)--Oct. 29, 2002--GE Oil & Gas has received a contract of US$29 million to supply two gas turbine-powered compressor trains for the Peciko 4 gas processing plant in Balikpapan, Indonesia.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--Oct. 28, 2002--Alan G. "A.G." Lafley, 55, chairman of the board, president and chief executive of the Procter & Gamble Company, and Robert J. Swieringa, 60, dean of the Johnson School of Management at Cornell University, have been elected to the board of the General Electric Company, the world's largest diversified technology, services and manufacturing company.
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SHENZHEN, China--(BUSINESS WIRE)--Oct. 23, 2002--
- GE Toshiba Silicones and Shenzhen Guanghua Enterprises
Development Celebrate New Silicone Elastomer Joint Venture in
Shenzhen -
GE Toshiba Silicones, one of the world's major silicone manufacturers and a Pacific base of GE Silicones, together with Shenzhen Guanghua Enterprises Development Company Ltd. of China, announced today that they have entered into a new joint venture in Shenzhen, Guangdong Province, China.
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BERLIN--(BUSINESS WIRE)--Oct. 23, 2002--U.S. technology company General Electric (GE), headquartered in Fairfield, Connecticut, is opening its first European research and development center in Germany. In a joint press conference today, Federal Chancellor Gerhard Schroder and GE Chairman & CEO Jeffrey R. Immelt announced that GE will invest $52 million (USD) over the next five years to locate a 150-scientist research facility on the Garching campus of the Technical University of Munich (TUM).
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WATERFORD, N.Y.--(BUSINESS WIRE)--Oct. 23, 2002--GE Silicones announces the introduction of the Company's newest innovation in automotive gasketing and sealing materials for the Americas market, FSL7586/40 liquid self-lubricating fluorosilicone elastomer.
Designed for use in gasketing and sealing applications both under-hood and on the automotive powertrain, FSL7586/40 elastomer can provide improved resistance to both lubricants and fuels, and it is characterized by a low compression set without need for post-cure operations.
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GE Consumer Products Help Consumers Enjoy Benefits of Daylight Saving Time Year-Round! LOUISVILLE, Ky.--(BUSINESS WIRE)--Oct. 22, 2002--Most people in the United States will soon be rolling back their clocks one hour when Daylight Saving Time ends October 27. Even though they'll be losing an hour of daylight in the evening, GE Consumer Products has several products that will help them gain precious time and brighten those darker winter months ahead.