Mitchell acquires Cash Distributing, grows to Mississippi's second largest Anheuser-Busch distributor
SCOTTSDALE, Ariz.--25 February 2009-- GE Capital Solutions, Franchise Finance announced today a multi-million dollar loan for Mitchell Distributing in Meridian, Miss., for the purchase of Cash Distributing, a neighboring beverage distributor, elevating Mitchell Distributing to the second largest Anheuser-Busch wholesaler in the state.
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GRAND RAPIDS, Mich.--(BUSINESS WIRE)--GE Aviation has been awarded a development contract from the U.S. Navy for AV-8B aircraft radar display computers. The contract is valued at more than $16 million, with completion in 2011 at which time the follow-on production contract is anticipated.
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NEW YORK CITY -- February 19, 2009 -- Saudi Arabian Airlines, the national carrier of Saudi Arabia, has signed an exclusive 10-year materials agreement with GE Aviation Services for the airline's entire fleet of 100 purchased and leased CFM56-5B* engines powering its Airbus A320 fleet.
Under the terms of the agreement, which is valued at approximately $300 million U.S., Saudi Arabian Airlines will exclusively use genuine CFM parts in the maintenance and overhaul of this fleet.
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