GE's imaging agents to enable more personalized therapies for patients
NISKAYUNA, New York - September 22, 2008 -- GE Global Research, the technology development arm for the General Electric Company (NYSE: GE), announced a two-year cooperative research and development agreement with the National Cancer Institute (NCI) to accelerate the development of cutting-edge nanoparticle based imaging agents that have the potential to revolutionize the diagnosis and treatment of cancer and heart disease.
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Eyeing Global Deployment of Japan's Revolutionary Technologies and Services, GE Accelerates Technology Partnerships with Japanese Firms
Tokyo, Japan - September 18, 2008 -- GE Japan announced that it is inviting Japanese companies to submit proposals to form technology partnerships as part of its efforts to accelerate the creation of new alliances with Japanese firms. By cooperating with Japanese companies, GE hopes to facilitate the global deployment of Japan's revolutionary technologies and services.
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CLEVELAND--(BUSINESS WIRE)--More than half of 67 stores operated by Medina, Ohio-based Discount Drug Mart, Inc.---37 stores to date---have completed lighting retrofits that the retailer expects will deliver a combined energy and maintenance cost savings equal to the margin earned on $14.2 million in sales over the life of the new lamps.
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CLEVELAND--(BUSINESS WIRE)--More than half of 67 stores operated by Medina, Ohio-based Discount Drug Mart, Inc.---37 stores to date---have completed lighting retrofits that the retailer expects will deliver a combined energy and maintenance cost savings equal to the margin earned on $14.2 million in sales over the life of the new lamps.
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FAIRFIELD, Conn.--15 September 2008-- GE today announces the appointment of two new company officers. GE currently has 195 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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SEOUL, Korea--(BUSINESS WIRE)--GE Healthcare Financial Services has provided a $10 million Sale and Leaseback financing to Catholic Medical Center (CMC), the largest hospital chain in Korea. The Seoul, Korea--based company will use the financing to lease back various equipment, including electronics, medical equipment and furniture for their new hospital and cancer center.
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GE Evolution locomotives providing green technology across Canada
Mississauga, September 10, 2008. GE (NYSE:GE), a worldwide partner of the Olympic Games, will join Canadian Pacific (CP) to provide Canadians with a firsthand opportunity to share in the excitement of the Vancouver 2010 Olympic and Paralympic Winter Games. CP's Spirit Train, a mobile ambassador of goodwill, is traveling across the country celebrating Canada's athletes, Olympic heritage and Canadian pride.
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NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance Corporate Lending today announced it led a $110 million plan of reorganization credit facility for DURA Automotive Systems Inc., a leading auto parts supplier. The financing will be used to complete the company's reorganization as it emerges from bankruptcy. GE Capital Markets arranged the transaction. In 2006, GE also provided the company with a $115 million debtor-in-possession credit facility to support the company's Chapter 11 filing.
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NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance Corporate Lending today announced it provided a $125 million plan of reorganization credit facility to Hilex-Poly, a manufacturer of plastic bag and film products, on July 9, 2008. The financing was used to refinance the company's debtor-in-possession (DIP) financing upon the company's emergence from a pre-packaged Chapter 11 bankruptcy. In May, GE also provided the company with a $140 million DIP credit facility to support the company's pre-packaged Chapter 11 filing. GE Capital Markets arranged both transactions