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General Electric Transportation
GE Infrastructure was a subsidiary of General Electric, formed in 2005 as part of a company-wide reorganization under CEO Jeff Immelt, until it was split apart into GE Technology Infrastructure and GE Energy Infrastructure in another reorganization in 2008. The president and CEO of GE Infrastructure, John G. Rice, was transferred to GE Technology Infrastructure. When it was active, business units making up GE Infrastructure included: * GE Aviation (relocated to GE Technology Infrastructure) * GE Commercial Aviation Services (relocated to GE Capital) GE Energy(relocated to GE Energy Infrastructure) * GE Energy Financial Services (relocated to GE Capital) * GE Oil and Gas (relocated to GE Energy Infrastructure) * GE Transportation Systems GE Transportation is a division of Wabtec. It was known as GE Rail and owned by General Electric until sold to Wabtec on February 25, 2019. The organization manufactures equipment for the railroad, marine, mining, drilling and energy generati ...
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General Electric
General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable energy, digital industry, additive manufacturing and venture capital and finance, but has since divested from several areas, now primarily consisting of the first four segments. In 2020, GE ranked among the Fortune 500 as the 33rd largest firm in the United States by gross revenue. In 2011, GE ranked among the Fortune 20 as the 14th most profitable company, but later very severely underperformed the market (by about 75%) as its profitability collapsed. Two employees of GE – Irving Langmuir (1932) and Ivar Giaever (1973) – have been awarded the Nobel Prize. On November 9, 2021, the company announced it would divide itself into three investment-grade public companies. On July 18, 2022, GE unveiled the brand names of the companies it will ...
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