General Electric Company
General Electric Company
General Electric Company or also popularly known as GE is the biggest conglomerate in the United States. GE has always been firm and strong with its industrial businesses. It offers diversified technology and is also a credible financial services company. With its wide and diverse variety of products of; aircraft engines, water processing, household appliances, power generation, industrial products, business and consumer financing, GE is unquestionably a strong conglomerate. It is present in more than 100 countries all over the world. GE’s segments are Aviation, Energy Infrastructure, Transportation, Healthcare, GE Capital, and Home and Business Solutions. However, GE streamlined their segments into Aviation, Healthcare, and Transportation. Earlier this year, the company announced that they will sell its remaining stake in NBC Universal to Comcast.
* In 1890, Thomas Alva Edison, inventor of the light bulb, established the Edison General Electric Company, which later merged with a rival to form the General Electric Company.
* In 1896, General Electric was one of the 12 companies listed on the newly formed Dow Jones Industrial Average, and it's the only original one that's still there.
* Jeffrey Immelt, 52 years old, is GE's current chairman and chief executive. He was appointed in 2000 to replace Jack Welch.
* After retiring from GE, Welch, dubbed as "Neutron Jack" for eliminating jobs at the company, wrote "Jack: Straight from the Gut", a book that became an instant bestseller.
* GE, the second-largest U.S. company by market capitalization, employs about 327,000 people and operates in more than 100 countries.
* GE has six business segments: GE Commercial Finance, GE Healthcare, GE Industrial, GE Infrastructure, GE Money and NBC Universal.
* In 2004 GE bought Vivendi's television and movie assets, becoming the third-largest media conglomerate in the world. In the same year it completed the spinoff of most of its
General Electric Company or also popularly known as GE is the biggest conglomerate in the United States. GE has always been firm and strong with its industrial businesses. It offers diversified technology and is also a credible financial services company. With its wide and diverse variety of products of; aircraft engines, water processing, household appliances, power generation, industrial products, business and consumer financing, GE is unquestionably a strong conglomerate. It is present in more than 100 countries all over the world. GE’s segments are Aviation, Energy Infrastructure, Transportation, Healthcare, GE Capital, and Home and Business Solutions. However, GE streamlined their segments into Aviation, Healthcare, and Transportation. Earlier this year, the company announced that they will sell its remaining stake in NBC Universal to Comcast.
* In 1890, Thomas Alva Edison, inventor of the light bulb, established the Edison General Electric Company, which later merged with a rival to form the General Electric Company.
* In 1896, General Electric was one of the 12 companies listed on the newly formed Dow Jones Industrial Average, and it's the only original one that's still there.
* Jeffrey Immelt, 52 years old, is GE's current chairman and chief executive. He was appointed in 2000 to replace Jack Welch.
* After retiring from GE, Welch, dubbed as "Neutron Jack" for eliminating jobs at the company, wrote "Jack: Straight from the Gut", a book that became an instant bestseller.
* GE, the second-largest U.S. company by market capitalization, employs about 327,000 people and operates in more than 100 countries.
* GE has six business segments: GE Commercial Finance, GE Healthcare, GE Industrial, GE Infrastructure, GE Money and NBC Universal.
* In 2004 GE bought Vivendi's television and movie assets, becoming the third-largest media conglomerate in the world. In the same year it completed the spinoff of most of its