FAIRFIELD, Conn.--(BUSINESS WIRE)--Aug. 23, 2006--General Electric Company Chairman and CEO Jeffrey R. Immelt today announced the appointments of John G. Rice to lead GE's Infrastructure business and Lloyd G. Trotter to head GE's Industrial business. Trotter also has been named a GE vice chairman.
"These are two strong and experienced GE leaders with excellent operating edge and proven ability to grow global businesses," Immelt said. "We are fortunate to have a deep pool of outstanding executives like John and Lloyd to help lead our Company."
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DALLAS--(BUSINESS WIRE)--Aug. 24, 2006--Capital Senior Living Corporation (NYSE:CSU) and GE Healthcare Financial Services today announced the formation of a new joint venture that has completed a $38.2 million acquisition of three senior housing communities in the metropolitan Indianapolis area.
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CHALFONT ST. GILES, England--(BUSINESS WIRE)--Aug. 22, 2006--GE Healthcare, a subsidiary of the General Electric Company (NYSE:GE) and Cord Blood Registry (CBR) announced today that CBR is automating the key production steps for their cord blood stem cell units using GE Healthcare's AutoXpress(TM) System. AutoXpress is an automated, functionally-closed, sterile system that harvests mononuclear cell fraction from cord blood, capturing the stem cell rich portion of the blood into a final volume of product that is defined by the user.
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CHALFONT ST GILES, England--(BUSINESS WIRE)--July 31, 2006--GE Healthcare, a unit of General Electric Company (NYSE:GE) today announced that GE Healthcare has exercised the exclusive option to license PhotoCure's product Hexvix(R) (hexaminolevulinate), an optical molecular imaging agent intended for the diagnosis and monitoring of bladder cancer, for the US market. This is an extension of the agreement signed earlier this year that afforded GE Healthcare exclusive global rights outside of the Nordic region to market and distribute PhotoCure's product Hexvix.
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VIENNA, Va.--(BUSINESS WIRE)--July 24, 2006--MobileAccess Networks, an enterprise wireless innovator, and GE Healthcare announced today the availability of Wireless Medical Telemetry Service (WMTS) on GE's Enterprise Access solution. Developed to help hospitals seamlessly bring their entire portfolio of wireless services and applications together on a single infrastructure, GE's Enterprise Access enables healthcare organizations to harness the power of next-generation wireless computing throughout their facilities.
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FARNBOROUGH, England--(BUSINESS WIRE)--July 18, 2006--Aviation Capital Group (ACG) today announced that it has ordered 14 CFM56-7B-powered Boeing Next-Generation 737-800s. The engine order is valued at approximately $170 million at list price. ACG is a wholly owned subsidiary of Pacific LifeCorp.
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FARNBOROUGH, England--(BUSINESS WIRE)--July 19, 2006--General Electric Company (GE) and Samsung Techwin, Co. LTD (STW) have signed a contract to develop the T700 turboshaft engine for the Korean Helicopter Program (KHP).
The Republic of Korea (ROK) selected the GE T700/701K to power 245 new indigenous helicopters.