New Model Provides Direction To Manufacturers In Applying the Principles of Collaboration Between Operations Management and Automation Control
GE Fanuc Solutions Align and Support the CPS Model, Signifying Focus On Providing Complete, Plant Floor To Enterprise Solutions For Customers
GE Fanuc Discover 2007 Users Conference
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Projects In Europe, U.S. Will Be Developed in 2007-2008
ATLANTA--(BUSINESS WIRE)--GE Energy (NYSE: GE) has signed a global frame agreement with the renewable area of EDP -- Energias de Portugal, SA, the world's fourth largest wind project developer, to supply wind turbines totaling more than 500 megawatts of new capacity for wind projects to be developed during 2008 and 2009 in Europe and the United States. Total value of the agreement will be $730 million, bringing GE Energy's recent wind turbine order announcements to more than $1 billion.
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Contract Totals More Than $350 Million
ATLANTA--(BUSINESS WIRE)--GE Energy has received a contract of more than $350 million to supply 167 of its 1.5-megawatt wind turbines to Third Planet Windpower, LLC, a developer of wind projects throughout the United States.
The new machines will be used in one or more new wind farms Third Planet Windpower is developing in Texas, New Mexico, Nebraska and Wyoming that will be ready for turbines in 2009. The turbines purchased from GE will have the capacity to serve about 60,000 to 75,000 typical U.S. households.
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GRAND RAPIDS, Mich.--(BUSINESS WIRE)--GE Aviation has been awarded a contract from Southwest Airlines to provide the flight management system upgrade for 200 Boeing 737 Classic aircraft. Deliveries will take place in 2008 and 2009. The system will be designed and manufactured at the GE facility in Grand Rapids, Michigan.
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NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance Corporate Lending today announced it served as co-administrative agent in a $9.2 billion financing for SABIC Innovative Plastics Holding B.V. The facility included $7.7 billion of senior secured debt and $1.5 billion in senior notes. The financing was used to support the acquisition of GE's Plastics business by Saudi Basic Industries Corporation (SABIC). GE Capital Markets served as joint bookrunner.
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NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance Corporate Lending today announced it served as co-administrative agent in a $9.2 billion financing for SABIC Innovative Plastics Holding B.V. The facility included $7.7 billion of senior secured debt and $1.5 billion in senior notes. The financing was used to support the acquisition of GE's Plastics business by Saudi Basic Industries Corporation (SABIC). GE Capital Markets served as joint bookrunner.
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Closet Tailors Credit Card Offered Through U.S. Franchises
DAYTON, Ohio--(BUSINESS WIRE)--GE Money today announced it will offer a new private label credit card to U.S. customers of Closet Tailors, which specializes in designing and installing custom organization solutions. The Closet Tailors Credit Card, managed by GE Money's Sales Finance unit, will be available through more than 100 franchises across the U.S. and offers a quick and easy application, sales process with promotional financing and deferred interest terms.