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Press Release

GE H85-powered L410NG premieres in Czech Republic

July 28, 2015

July 22, 2015

OSHKOSH, Wisconsin - A new version of Aircraft Industries’ L410 turboprop aircraft rolled out of its Czech Republic factory on July 15, sporting GE’s H85 engine. The Czech aircraft producer plans to begin L410NG production in 2017, following first flight of the aircraft later this year.

The H Series engine features an advanced reduction gearbox which lowers lower maximum propeller speed from 2,080 RMP to 1,950 RMP, resulting in external and internal noise reduction. The engine increases maximal cruise speed to 225 knots.

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Press Release

Commercial Distribution Finance Seeing Strong Powersports Industry Growth

July 28, 2015

Dealers using online mapping to spot expansion opportunities through Dealer Insights Portal

CHICAGO - The powersports industry, which includes motorcycles, all-terrain vehicles (ATV), utility-terrain vehicles (UTVs), snowmobiles, and personal watercraft, is robust and continues to grow according to dealer performance data from Commercial Distribution Finance (CDF), a division of GE Capital.

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GE Capital Aviation Services Delivers Leased Boeing 737-700 to VRG Linhas Aéreas S.A.

July 27, 2015

SHANNON, Ireland - July 22, 2015 - GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of the first of two leased Boeing 737-700s to its customer VRG Linhas Aéreas S.A. The second aircraft is scheduled for delivery later this month. 

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Commercial Distribution Finance Provides $53 million to Logicalis US

July 27, 2015

CHICAGO - Commercial Distribution Finance (CDF), a division of GE Capital, announced today that it has provided international IT solutions and managed services provider Logicalis US with $53 million in short term accounts receivable (STAR) funding. Logicalis used the STAR facility to fund a purchase order for a major contract.

STAR is a purchase order funding solution that provides solution providers with additional credit capacity beyond traditional credit lines.

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GE's 800-Watt DC-DC Converter Provides Space-Constrained Power Designers with Highest Power Density Available Today

July 23, 2015
  • GE’s New QBVE067A0B DC-DC Converters Free up Valuable Space for Customer’s Load Devices
  • Modules Provide 800 Watts of 12-Volt DC Output Power from Input Voltages Ranging from 40 to 60 Volts
  • New Converters Offer 96 Percent Power Efficiency in DOSA-Compliant Quarter-Brick Footprint

 

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Commercial Distribution Finance and Husqvarna Group Extend Strategic Inventory Finance Program

July 23, 2015

CHICAGO - Commercial Distribution Finance (CDF), a division of GE Capital, announced today that it has extended its strategic inventory finance program with outdoor power equipment manufacturer Husqvarna Group. The program goes to market as Husqvarna Financial Services, which was established in 2005 to provide inventory financing to the thousands of dealers who sell Husqvarna products.

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GE And Statoil Collaboration Announces Winners Of Inaugural Open Innovation Challenge

July 21, 2015

Five Winning Technologies Address Alternatives for Sand in Shale Development

 

 

HOUSTON, 21 July: GE and Statoil’s Sustainability Collaboration announced today the five winners of its inaugural Open Innovation Challenge that focused on addressing the use of sand in unconventional operations.

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GE Oil & Gas Signs New Contract with Spain's Leading Oil Storage and Transportation Firm CLH Group

July 20, 2015

·  GE Oil & Gas signs new contract for advisory monitoring and diagnostics
·The project illustrates how oil and gas companies can leverage the power of the  condition monitoring to achieve better operational outcomes
·CLH Group will benefit from increased uptime of centrifugal pumps

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GE reaches significant project milestone for Dominion Cove Point Liquefaction Project, 1st LNG Terminal on US East Coast

July 20, 2015

·The  two LNG trains are crucial components of the LNG plant, which will have the capacity to produce nearly 5.25 million metric tons of LNG
·The full load string test was carried out before the contractual delivery date

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Second Quarter 2015 Earnings

July 17, 2015

GE announced second-quarter 2015 operating earnings of $2.8 billion, with  Industrial + Verticals operating earnings per share of $0.31, up 19% from the second quarter of 2014.

Please click here to read the rest of the press release, in English.

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