BANGKOK-September 1, 2015-Rapid economic growth across Asia Pacific has led to the demand for power to soar, fuel prices to rise and environmental and financial regulations to tighten.
Steam Powered Pumps Can Function Without External Electrical Power
WILMINGTON, NC-August 25, 2015-GE Hitachi Nuclear Energy (GEH) today announced that it is working with utility customers in Japan to deliver Turbine Water Lubricated (TWL) pumps manufactured by ClydeUnion Pumps, an SPX brand. The steam powered pumps are designed to ensure emergency reactor cooling in the event of a complete station blackout and can function when fully submerged in water.
CHICAGO - The outdoor products industry, which includes lawn, garden and agriculture equipment, is experiencing healthy growth, according to dealer performance data from Commercial Distribution Finance (CDF), a business of GE Capital. CDF dealer financing volume is up over 12% through June, indicating dealers are ordering more product to meet increasing demand. Dealer inventory turnover is running at a strong annual rate of over 2.5X.
CINCINNATI-August 24, 2015-GE (NYSE: GE) today announced that its LM2500 aeroderivative gas turbine family has reached the milestone of 75 million combined operating hours. The LM2500 gas turbine package has been one of the top selling aeroderivative gas turbines in its class for more than 40 years and continues to evolve to provide increased customer value.
CHICAGO - Commercial Distribution Finance (CDF), a business of GE Capital, announced today that it has extended its inventory financing agreement with Wright Manufacturing, Inc., a producer of commercial lawn mowers. The financing will be used for its network of dealers and distributors to stock its products.
Founded in 1981, Wright invented the stand-on lawn mower and manufactures a complete line of commercial stand-on, walk behind and mid-mount zero turn mowers that are distributed world-wide. Wright is headquartered in Frederick, MD and has been a CDF customer since 2003.
