WILMINGTON, NC-November 6, 2014-The U.S. Department of Energy (DOE) has selected GE Hitachi Nuclear Energy (GEH) to lead a research and development project to support advanced reactor technology development. GEH will receive a multi-million dollar federal investment to develop an updated safety assessment of the company’s PRISM sodium-cooled fast reactor.
- Company Planning Overhaul of 112-Year-Old Foundry
- Upgrades to Improve Production Efficiency, Quality and Delivery Capabilities
- Investment Reflects GE’s Continued Commitment to Lufkin, Texas, Workforce and Community
LUFKIN, TEXAS-November 6, 2014-Seeking to improve and sustain its manufacturing capabilities to meet the growing demand for oil and gas production and power transmission equipment, GE Oil & Gas (NYSE: GE) today announced it plans to invest $60 million in expanding and modernizing its foundry operations in Lufkin, Texas.
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CHICAGO, NOV. 5, 2014 -GE Capital, Commercial Distribution Finance (CDF), a leading provider of recreational vehicle (RV) dealer financing across North America, is a platinum sponsor of the RV Dealers International Convention and Expo, held in Las Vegas November 10-14 at Bally’s Hotel & Casino. Sponsored by the Recreational Vehicle Dealers Association (RVDA), the event gathers together RV dealers to learn the industry's latest trends and best practices.
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CHICAGO, Nov 5, 2014 - Lawn and garden companies are feeling optimistic about 2015, according to a survey conducted by GE Capital, Commercial Distribution Finance (CDF). Twenty-two percent of respondents think sales will grow 15 percent or more, with an additional 22 percent expecting growth between 10-15 percent and 38 percent expecting growth between 5-10 percent.
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BOGOTÁ, COLOMBIA-November 4, 2014-During Expo Oil & Gas Colombia 2014, which takes place Nov. 4-7 in Bogotá, GE Oil & Gas (NYSE: GE) will present solutions for the Latin America petroleum industry. As a leading provider of advanced technologies for Latin America’s fast-growing market, the company understands the specifications of each region to be able to respond accordingly.
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- SGM1300 Electricity Meter Meets U.K.-Legislated Requirements and Industry-Standard IEC Specifications
- Provides up-to-Date Electricity and Gas Meter Readings to Consumers and Utilities and Delivers More Reliable and Accurate Billing Information
- Meter Design Makes Installation Faster and Easier for Utilities
AMSTERDAM-November 4, 2014-GE’s Digital Energy business (NYSE: GE) today announced that it is prepared to help U.K. utilities meet new government requirements mandating smart meters in every home.
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CHICAGO - November 3, 2014 - GE Antares, a unit of GE Capital, announced today it is serving as administrative agent on a $104 million senior secured credit facility to support the acquisition of Teasdale Quality Foods, Inc. by Snow Phipps Group, LLC. GE Capital Markets served as lead arranger and bookrunner on this facility.