Recent News: Overseas Sales, Gas Turbine Engines, Carrie McCabe, GE Real Estate, Sikorsky CH-53, Google-Enabled Phones, Dryer Recall, and GE Oil & Gas

Overseas Sales Big For GE Fairfield-based General Electric Co. will get about 60 percent of infrastructure sales from overseas this year, a 5 percentage point increase from 2007, as the U.S. economy wanes and developing countries add electrical capacity to fuel growth, Vice Chairman John Rice said Tuesday....

Pratt & Whitney Power Systems to provide IGT parts to GE gas turbines
Pratt & Whitney Power Systems has been selected by the Los Angeles Department of Water and Power to provide industrial gas turbine parts for four General Electric Frame 7FA+e gas turbines. ...

Senior hedge exec to launch new firm backed by GE
Carrie McCabe, among the most prominent women executives in the hedge fund industry, is launching a new hedge fund investment firm backed by General Electric's asset management division, sources familiar with the situation said on Tuesday....

GE Real Estate Takes Lead in $50 Million Refinancing to Vancouver Film Studios
GE Real Estate announcedtoday it was the lead partner for a $50 million refinancing of Vancouver FilmStudios, a state-of-the art film and television studio complex....

GE cuts metal for engine to power Sikorsky's CH-53K
General Electric has machined the first parts for the new GE38-1B turboshaft engine that will power the Sikorsky CH-53K heavylift helicopter under development for the US Marine Corps...

GE to Produce Google-Enabled DECT Phone
General Electric has announced the GE Premiere DECT 6.0 Phone with Home Speakerbox/Intercom. The new DECT phone will include a dedicated two-way wireless intercom system, as well as a special portable speakerphone/room intercom unit...

GE pulls pin on National Parts
GE Commercial may have forced the liquidation of National Parts, one of Australia's largest car parts’ distributors. The firm trades mainly through six wholesale outlets that supply the AutoPro network of retail outlets...

GE Recalls Dryers Due to Shock Hazard
The U.S. Consumer Product Safety Commission and General Electric Co. on Monday recalled about 2,100 GE gas clothes dryers because a short circuit could cause a shock hazard...

StatoilHydro Announces Technology Cooperation with GE Oil & Gas
StatoilHydro and GE Oil & Gas today signed a Technology Cooperation Agreement, which establishes a formal collaborative working relationship between the two companies for the ongoing development of technology related to specific oil and gas projects...