FAIRFIELD, Conn.--14 January 2009-- GE today announces the appointment of two new company officers and two senior vice presidents. GE currently has 194 GE officers globally. GE officers lead large revenue generating businesses or are in critical functional roles, helping to drive growth.
Below is the list of GE's two new officers:
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BETHESDA, Md.--(BUSINESS WIRE)--GE Healthcare Financial Services served as lead arranger and administrative agent on a $25 million senior secured credit facility to Akorn, Inc., a leading specialty pharmaceutical company focused on developing, manufacturing and marketing pharmaceutical products. Financing will be used for Akorn's general corporate purposes and working capital needs.
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GRAND RAPIDS, Mich.--(BUSINESS WIRE)--GE Aviation will provide integrated systems and structures for the eight P-8I long-range maritime reconnaissance and anti-submarine warfare aircraft Boeing is developing for the Indian Navy. The Government of India recently selected Boeing to provide the aircraft to help meet its unique maritime patrol requirements.
The P-8I is a variant of the P-8A Poseidon being developed for the U.S. Navy by a Boeing-led industry team that includes GE Aviation.
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GE's Integrated Display Suite and Flight Management Provides Most Efficient RNP Operations
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--GE Aviation has been awarded a $40 million contract from Southwest Airlines to provide the new SDS-6000 large area display suite for Boeing 737 Classic aircraft. First production deliveries will take place in early 2011. The systems will be installed on up to 150 aircraft.
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HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--GE Capital Solutions, Commercial Distribution Finance (CDF) will launch a no interest-financing program for qualified distributors of EFI (EFII) Inkjet products. The new program, which includes terms to 120 days, will start on January 1, 2009, the company announced today.
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Giving to Focus on Organizations Providing Basic Needs
FAIRFIELD, Conn.--18 December 2008-- Today, the GE Foundation, the philanthropic organization of the GE Company, announces that it will direct more than $20 million in funding to food and shelter organizations responding to the impact of the economic downturn. Focused on addressing basic needs, these organizations continue to experience significant increases in demand without the proper funding to keep pace with the need.
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Thin, flexible roll-to-roll processed OLEDs form the tree and provide the lighting all-in-one
NISKAYUNA, N.Y.--(BUSINESS WIRE)--Scientists and engineers on GE's OLED research team rang in the 2008 holiday season with a first-ever OLED Christmas tree lighting at GE's Global Research Center headquarters in Niskayuna, NY. Illuminated in green light, GE's flexible OLED panels cut quite a tree and provide a glimpse at how this revolutionary lighting concept is going to transform the lighting industry.