WILTON, Conn.--(BUSINESS WIRE)--Nov. 6, 2002--
New Business Offers Tremendous Synergies with GE Quartz
GE Specialty Materials, a unit of General Electric Company (NYSE:GE), today announced that it has completed the acquisition of the assets of Advanced Ceramics Corporation and Advanced Ceramics International Corporation (ACC and ACIC).
Advanced Ceramics is the world's largest boron nitride producer.
GE Power Systems to Acquire Osmonics, a Leader in Water Purification and Filtration; New Unit to Become Part of GE Water ATLANTA, Ga. & MINNETONKA, Minn.--(BUSINESS WIRE)--Nov. 4, 2002--GE Power Systems, a division of General Electric Company (NYSE: GE) and Osmonics, Inc. (NYSE: OSM) today announced that they have signed an agreement to merge Osmonics into a wholly owned subsidiary of GE in a stock and cash transaction.
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China ACAC Selects General Electric to Power ARJ21 Regional Jet; Selection Represents Potential $3 Billion Engine Market To GE ZHUHAI, China--(BUSINESS WIRE)--Nov. 4, 2002--AVIC I Commercial Aircraft Co. Ltd. (ACAC) of China today signed a cooperative Letter of Intent with GE Aircraft Engines (GEAE) selecting GE's CF34-10A engine to power the ARJ21 regional jet now in development. ACAC and GEAE see a potential market for 500 ARJ21s over the next 20 years, representing a potential value to GE of $3 billion.
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BANGKOK, Thailand--(BUSINESS WIRE)--Nov. 1, 2002--
- Raw materials for new silicones finishing plant to be supplied by Bht 10,500 million silane-monomer and siloxane production plant announced last year - Products mostly for direct and indirect export
GE Toshiba Silicones, a joint venture between General Electric of USA and Toshiba of Japan, today announced plans to invest over Bht 2,200 million (approx. US$ 50 million) to construct a silicones finishing plant on a 49-rai (7.8 hectare) site at the Asia Industrial Estate, near Map Ta Phut, Thailand.
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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.
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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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SAN DIEGO--(BUSINESS WIRE)--Oct. 24, 2002--GE Medical Systems, a unit of General Electric Company (NYSE: GE), announced at the annual conference of the Academy of Molecular Imaging that it has installed its 300th positron emission tomography (PET) system. This milestone includes 100 PET/Computed Tomography (CT) systems. PET currently is a strategic platform for molecular imaging research.
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SAN DIEGO--(BUSINESS WIRE)--Oct. 24, 2002--GE Medical Systems, a unit of General Electric Company (NYSE: GE), announced at the annual conference of the Academy of Molecular Imaging that it has installed its 300th positron emission tomography (PET) system. This milestone includes 100 PET/Computed Tomography (CT) systems. PET currently is a strategic platform for molecular imaging research.
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