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Press Release

GE Oil & Gas Supplying Compression Equipment for Wheatstone Project in Western Australia

July 26, 2011

16 units selected for LNG refrigeration trains

GE Oil & Gas' first installation of an LM6000 mechanical drive turbine

FLORENCE, ITALY -- July 25, 2011 -- GE Oil and Gas has entered into an agreement with Bechtel International, Inc. for the supply of compression technology for two customized LNG refrigeration trains for the Chevron-operated Wheatstone Project in Western Australia. A final investment decision on the Wheatstone Project is expected in the second half of 2011.


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UK SMEs are planning to add 470,000 jobs over the next 12 months, according to GE Capital

July 21, 2011

38% of companies to increase headcount but UK lags behind Germany and France

London, 21 July, 2011: New research from GE Capital reveals that UK SMEs plan to create 470,000 new jobs in the coming year as optimism over future growth outweighs uncertainty over the future of the UK economy.


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GE Capital Joint Lead Arranger on a £220m ABL Facility for Speedy Hire PLC

July 11, 2011

London, 11 July 2011: GE Capital, one of Europe's leading providers of asset based lending, today announced that it has provided Speedy Hire PLC with financing facilities of £44million as part of a club of six banks. The total facility of £220 million will enable Speedy Hire to invest in its growth strategy and enhance its plant and machinery fleet and international operations.


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Team Lotus Unveils GE Branding at the British Grand Prix

July 08, 2011

London, July 6, 2011 -- Following the recent announcement that GE is to become a Premium Partner of Team Lotus through to 2014, GE branding will appear on the Team Lotus Formula 1 cars for the first time at the 2011 Formula 1 Santander British Grand Prix from 8th-10th July 2011 at Silverstone.


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GE Extends Olympic Sponsorship Through 2020

June 28, 2011

FAIRFIELD, Conn.--29 June 2011-- GE (NYSE: GE) today announced an extension of its partnership with the International Olympic Committee (IOC) beginning with the 2014 Games in Sochi, Russia and continuing with the 2016 Games in Rio de Janeiro, Brazil and through the 2020 Games. GE remains the exclusive provider of a wide range of innovative products, technology and services. GE's Olympic partnership first launched in January 2005 with high tech solutions provided for Torino 2006, Beijing 2008 and Vancouver 2010. GE is also a sponsor of the upcoming London 2012 Olympic Games.


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UK high tech manufacturers optimistic but remain cautious about investment

June 27, 2011

GE High Tech Manufacturing Index shows many companies are operating at or close to capacity but some feel nervous about expanding

London, June 27th 2011; GE's latest six monthly High Tech Manufacturing Index shows UK's high tech manufacturers are still optimistic about current business conditions and future prospects, although remain cautious about the general economy and business investment.


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Britain's quality and heritage is our biggest selling point, says UK high tech manufacturers

June 27, 2011

GE High Tech Index shows sector is keen to have Government high tech strategy in place

LONDON, Monday, 27th June 2011 - UK high tech manufacturers regard the quality of British products and Britain's strong manufacturing heritage as the most important selling points for the sector as it strives to be internationally competitive.


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Intrepid explorers take on the Welsh 3 Peaks Challenge

June 13, 2011

76 teams raise money for Hafan Hospice in GE Aviation Event

Welsh Rugby Union stars Rhys Williams, Tom Shanklin and Robin Sowden-Taylor joined teams from GE sites across the UK to take part in the GE Aviation Welsh 3 Peaks Challenge at the weekend.


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GE Capital warns £100 average fill-up for company cars looming

June 13, 2011

Sale, Manchester, 13 June 2011: The £100 average fill-up for company cars is looming, warns GE Capital, Fleet Services. The company says that as petrol and diesel prices continue to rise, paying three figures for a visit to the pumps is likely to soon become commonplace.

Gary Killeen, UK Commercial Director for GE Capital, Fleet Services, explained: "If you look at a mainstream fleet car, such as a Ford Mondeo with a 70 litre tank, then with petrol and diesel prices around 140 pence per litre, we are now just a couple of pounds away from the £100 fill up.


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