Tuesday, February 12, 2008

Recent News: Qatar, TSA - GE Security, GE Money, and GE Real Estate

GE to set up Qatar tech park facility next year, says official
THE General Electric Company (GE), which has Qatar as one focus area of its expansion, would open its facility at the Qatar Science and Technology Park (QSTP) in late 2009, GE Oil and Gas chief information officer Bernardo Nicoletti said.He was addressing a gathering of faculty, students and staff at Carnegie Mellon University in Qatar...

TSA Revises Existing Explosives Detection System Order to Include GE Security's Next-Generation CTX(TM) 9400 EDS for Use at U.S. Airports
GE Security, Inc., a business of GE Enterprise Solutions (NYSE:GE), today announced the U.S. Transportation Security Administration has revised its previous order for 80 CTX 9000 DSi units to include GE Security's newest explosives detection system....

Long queue for GE Money business
The race to acquire the personal and home loan portfolio of General Electric’s consumer finance company, GE Money Financial Services is hotting up. Around a dozen players, Indian as well as foreign, have expressed interest in buying these divisions. The list includes...

GE Provides Cash for 936,000-SF Development
CT-based GE Real Estate has contributed $8.5 million toward the development cost of a 936,000-sf speculative distribution building here, to be called Salt River Two, being built by Lauth Property Group LLC. The spec building is going up next to Lauth’s already successful distribution facility, Salt River One...

TSA Revises Existing Explosives Detection System Order to Include GE Security's Next-Generation CTX™ 9400 EDS for Use at U.S. Airports
GE Security, Inc., a business of GE Enterprise Solutions (NYSE:GE), today announced the U.S. Transportation Security Administration (TSA) has revised its previous order for 80 CTX 9000 DSi units to include GE Security’s newest explosives detection system (EDS), the CTX 9400. The revised order now includes 41 CTX 9000 and 39 CTX 9400 units. The 39 CTX 9400 units add to the two CTX 9400 upgrades previously installed for TSA evaluation, and the 14 CTX 9400 upgrades ordered by the TSA for future installations...

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