WILTON, Conn.--(BUSINESS WIRE)--Sept. 5, 2002--GE Specialty Materials, a unit of General Electric Company (NYSE:GE), today announced that it has signed an agreement to acquire Advanced Ceramics Corporation and Advanced Ceramics International Corporation (ACC and ACIC).
Advanced Ceramics is a specialty, high temperature ceramics company. Advanced Ceramics is a leading global producer of boron nitride powders, shapes, and coatings as well as other specialty ceramics. Their products are used in a breadth of industries, ranging from semiconductors to cosmetics.
MILWAUKEE--(BUSINESS WIRE)--Aug. 7, 2002--
Data compiled from healthcare providers gives GE highest overall
rating among seven leading medical imaging technology vendors
In a recent survey of healthcare providers, conducted by MD Information Network (formerly MD Buyline), GE was rated as the leader in medical diagnostic imaging technology.
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WATERFORD, N.Y.--(BUSINESS WIRE)--Aug. 7, 2002--GE Silicones:
GESilicones.com overflows with commitment to customer service, by
inventing the first on-line solution to complex chemical inquiries
GE Silicones today announced the release of The Fluid Finder(TM) that can be found exclusively within the new Technical Solutions Center at GESilicones.com or by going to www.FluidFinder.com.
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WATERFORD, N.Y.--(BUSINESS WIRE)--Aug. 7, 2002--GE Silicones:
GESilicones.com overflows with commitment to customer service, by
inventing the first on-line solution to complex chemical inquiries
GE Silicones today announced the release of The Fluid Finder(TM) that can be found exclusively within the new Technical Solutions Center at GESilicones.com or by going to www.FluidFinder.com.
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WATERFORD, N.Y.--(BUSINESS WIRE)--Aug. 2, 2002--GE Silicones announced the introduction of the Company's newest polyether silicone technology for personal care, the Velvesil(TM) 125 copolymer network.
A bodying ingredient offering unique sensory and other benefits, Velvesil copolymer is characterized by attributes common to both silicone and organic chemistries. Velvesil copolymer is designed for use by formulation chemists creating new products for skin care and antiperspirants, and for hair care and color cosmetics.
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MILWAUKEE--(BUSINESS WIRE)--July 29, 2002-- 150,000 patient records go electronic for instant, "real-time" care. Now physicians in the Catholic Healthcare West (CHW) network can view more than 150,000 patient records electronically from inside or outside the hospital, so they have "real-time" access to information right at the patients' bedside.
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GE Acquires Global Field Measurement Technology Company, Panametrics ATLANTA--(BUSINESS WIRE)--July 24, 2002--GE Power Systems announced today it has acquired Panametrics Inc., a global leader in high-technology ultrasonic testing equipment and process control instrumentation.
The company will become part of GE's Energy Management Services business and will be known as GE Panametrics. Panametrics develops highly specialized, harsh-environment sensors and instruments for nondestructive testing, solar radiation detection and process measurement instrumentation.
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FedEx Signs Engine Purchase & Service Agreement for Airbus A380 Freighters FARNBOROUGH, England--(BUSINESS WIRE)--July 23, 2002--FedEx Express, a subsidiary of FedEx Corp., (NYSE:FDX), has become the third customer to select the GE-P&W Engine Alliance's GP7200. FedEx Express has signed a contract with the GE-P&W Engine Alliance for GP7200 series engines to power 10 firm Airbus A380-800F freighter aircraft. In addition, FedEx has signed a 20-year fleet management agreement with the Engine Alliance for the engines' maintenance that begins in 2008.
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GE Power Systems Announces Plans to Reduce Workforce
Due to Lower Equipment Demand
ATLANTA--(BUSINESS WIRE)--July 23, 2002--GE Power Systems (GEPS)
has announced plans to eliminate approximately 2,500 jobs over the
next nine months and expectations of further reductions in late 2003
in response to the reduction in the demand for power generation
equipment.
The announced employment reductions will occur primarily in the
turbine production facilities of its Energy Products business where
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GE Wins Major Hydro Service Contract in Norway OSLO, Norway--(BUSINESS WIRE)--July 17, 2002--Norway's biggest power producer, Statkraft SF, has awarded the largest turbine upgrade contract in the company's history to GE Hydro, a unit of GE Power Systems, for the refurbishment of five hydropower plants.