WILTON, Conn. & GREENWICH, Conn.--Sept. 25, 2003--Littlejohn & Co., LLC, a private investment organization, and GE announced today they have entered into a definitive agreement for Littlejohn Fund II, L.P. to purchase GE Superabrasives, a leading supplier of manufactured diamond, cubic boron nitride, and polycrystalline products. Specific terms of the transaction were not disclosed. The closing of the transaction is subject to customary conditions, including the receipt of regulatory approvals. The closing is expected to occur by January 31, 2004.
September 15, 2003 -- EVENDALE, Ohio -- SkyWest Airlines has placed a firm order for 30 of the 70-seat Bombardier CRJ700 regional jets, powered by GE's CF34-8 engines. SkyWest also took options for an additional 80 CRJ700 jets.
The value of the firm engine order to GE Aircraft Engines is valued at more than $120 million.
Deliveries of the firm aircraft are scheduled to begin in early 2004 and continue through 2005.
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