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General Electric

General Electric Company
Public
Traded as GE
DJIA Component
S&P 100 Component
S&P 500 Component
Industry Conglomerate
Founded April 15, 1892; 124 years ago (1892-04-15) in Schenectady, New York, United States
Founders Thomas Edison
Charles A. Coffin
Elihu Thomson
Edwin J. Houston
Headquarters Boston, Massachusetts, United States
Area served
Worldwide
Key people
Jeffrey R. Immelt
(Chairman & CEO)
Products Aircraft engines
Appliances
Electrical distribution
Electric motors
Energy
Finance
Gas
Health care
Lighting
Locomotives
Oil
Software
Water
Weapons
Wind turbines
Revenue IncreaseUS$123.7 billion (2016)
Increase US$9.03 billion (2016)
Increase US$8.83 billion (2016)
Total assets Decrease US$365.2 billion (2016)
Total equity Decrease US$75.80 billion (2016)
Number of employees
333,000 (2016)
Subsidiaries GE Aviation
GE Capital
GE Global Research
GE Healthcare
GE Home & Business Solutions
GE Oil and Gas
GE Energy
GE Transportation
Website www.ge.com

General Electric, often abbreviated as GE, is an American multinational conglomerate corporation incorporated in New York, and headquartered in Boston, Massachusetts. As of 2016, the company operates through the following segments: Power & Water, Oil and Gas, Aviation, Healthcare, Transportation and Capital which cater to the needs of Financial services, Medical devices, Life Sciences, Pharmaceutical, Automotive, Software Development and Engineering industries.

In 2011, GE ranked among the Fortune 500 as the 68th-largest firm in the U.S. by gross revenue, and the 14th most profitable. As of 2012, the company was listed the fourth-largest in the world among the Forbes Global 2000, further metrics being taken into account. The Nobel Prize has twice been awarded to employees of General Electric: Irving Langmuir in 1932 and Ivar Giaever in 1973.


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