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GE (NYSE: GE) is recharging the electrification of transportation by making its sixth equity investment in lithium-ion battery manufacturer A123Systems. GE invested $30 million in A123’s $102 million Series E financing, making it the battery manufacturer’s largest single cash investor – at 9 percent ownership.
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Detroit Edison is fourth U.S. energy company to select GEH’s Generation III+ ESBWR
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Duke Energy announced today a long-term agreement for the sale of 99 megawatts of electricity from its new Wyoming wind farm, as well as the purchase of 100 wind turbines from General Electric that will produce 150 megawatts of power at multiple U.S. sites.
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GE Energy will provide long-term services for a new power plant that will supply electricity for the Beijing 2008 Olympic Games, as well as heat and power for the city of Beijing in the future.
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GE Energy's Oilfield Technology business will relocate its Canadian operations from the existing NE Calgary site to an expanded 36,000-sq. ft. facility in Calgary to allow for its continued growth, announced Jim Junker, chief operating officer of the Oilfield Technology business.
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Boeing, Virgin Atlantic and GE Aviation today will conduct the first commercial aviation flight using a sustainable fuel from biomass mixed with traditional kerosene- based jet fuel.
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General Imaging, the worldwide exclusive licensee for GE digital cameras, announced the next generation of GE digital cameras for 2008.
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GE Capital has agreed to purchase most of Chicago-based Merrill Lynch Capital, Merrill Lynch and Co., Inc.'s (NYSE: MER) wholly-owned middle-market commercial finance business. Financial terms were not disclosed.
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GE Honda Aero Engines and Honda Aircraft Company, Inc. have signed a business agreement to power the new HondaJet advanced light jet with the GE Honda Aero Engines HF120 turbofan engine.
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The line of eight cameras represents the first time General Electric has bestowed its highly regarded and trusted brand on a consumer camera line.
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General Electric Company said on Thursday it will buy the in-vitro diagnostics unit and its Point-of-Care diagnostics unit from Abbott Laboratories Inc. GE would buy the two units for $8.1 billion cash.
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General Electric Co., agreed to buy Smiths Aerospace, a U.K.-based supplier of integrated systems for aircraft manufacturers and components for engine builders, for $4.8 billion in cash as rising demand for travel drives record sales of commercial aircraft at Boeing Co. and Airbus SAS.
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GE announced today a acquisition agreement to acquire Vetco Gray for $1.9B from Candover, 3i & JP Morgan Partners.
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GE Industrial announced the acquisition of NY-based Microwave Data Systems, Inc. (MDS), a subsidiary of Moseley Associates and a world leader in industrial, wireless, and networking solutions.
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