GE Capital invests in South Korea's Finetex EnE

“We’re thrilled at the confidence expressed by GE in our vision to become a world-leading company in providing nano-structured material,” said JC Park, president and CEO of Finetex.

Donald Cho, executive vice president and chief marketing officer of Finetex, said that nano fiber is the next generation of filtration technology in a variety of industries, such as energy, water, transportation and healthcare. “We look forward to working with GE to explore the many applications of this technology and accelerate the development of our business,” said Cho.