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GE Capital
GE Capital is the financial services division of General Electric. The company currently only runs one division, GE Energy Financial Services. It had provided additional services in the past; however, those units were sold between 2013 and 2018. Overview On July 8, 2013, the Financial Stability Oversight Council designated GE Capital as a " systemically important financial institution", which makes it subject to oversight by the Federal Reserve. In 2014, GE Capital had 35,000+ employees worldwide, operating in more than 40 countries, with total assets of US$499 billion. It was rated AA+ with stable outlook by S&P in 2012. GE Capital's subsidiaries also operated under the GE Money brand. Restructuring plan On April 10, 2015, Jeffrey R. Immelt, the CEO of General Electric, announced that GE would sell most of GE Capital over the next two years. The following areas were sold: *GE Capital Sponsor Finance was sold to Canada Pension Plan Investment Board and Sumitomo Mitsui Bank ...
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GE Healthcare
GE HealthCare is a subsidiary of American multinational conglomerate General Electric incorporated in New York and headquartered in Chicago, Illinois. As of 2017, it is a manufacturer and distributor of diagnostic imaging agents and radiopharmaceuticals for imaging modalities used in medical imaging procedures. It offers dyes used in magnetic-resonance-imaging procedures; manufactures medical diagnostic equipment, including CT image machines; MRI, XRAY; Ultrasound; Cath Labs; Mamogram; Nuclear Medicine Cameres; and develops Health technology for medical imaging and information technologies, medical diagnostics, patient monitoring systems, disease research, drug discovery, and biopharmaceutical manufacturing. It was incorporated in 1994 and operates in more than 100 countries. On November 9, 2021, General Electric announced it would demerge into three investment-grade public companies, GE HealthCare being one of the three planned divestitures. The spin-off of GE HealthCare is ...
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GE HealthCare
GE HealthCare is a subsidiary of American multinational conglomerate General Electric incorporated in New York and headquartered in Chicago, Illinois. As of 2017, it is a manufacturer and distributor of diagnostic imaging agents and radiopharmaceuticals for imaging modalities used in medical imaging procedures. It offers dyes used in magnetic-resonance-imaging procedures; manufactures medical diagnostic equipment, including CT image machines; MRI, XRAY; Ultrasound; Cath Labs; Mamogram; Nuclear Medicine Cameres; and develops Health technology for medical imaging and information technologies, medical diagnostics, patient monitoring systems, disease research, drug discovery, and biopharmaceutical manufacturing. It was incorporated in 1994 and operates in more than 100 countries. On November 9, 2021, General Electric announced it would demerge into three investment-grade public companies, GE HealthCare being one of the three planned divestitures. The spin-off of GE HealthCare is ...
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GE Aviation
GE Aviation, a subsidiary of General Electric, is headquartered in Evendale, Ohio, outside Cincinnati. GE Aviation is among the top aircraft engine suppliers, and offers engines for the majority of commercial aircraft. GE Aviation is part of the General Electric conglomerate, which is one of the world's largest corporations. The division operated under the name of General Electric Aircraft Engines (GEAE) until September 2005. GE Aviation's main competitors in the engine market are Pratt & Whitney and Rolls-Royce. Not only does GE Aviation manufacture engines under its own umbrella, it also partners with other manufacturers. CFM International, the world’s leading supplier of aircraft engines and GE’s most successful partnership, is a 50/50 joint venture with the French company Safran Aircraft Engines. As of 2019, CFM International holds 39% of the world's commercial aircraft engine market share (while GE Aviation itself holds a further 16%). GE and Safran also operate anot ...
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General Electric Company
The General Electric Company (GEC) was a major British industrial conglomerate involved in consumer and defence electronics, communications, and engineering. The company was founded in 1886, was Britain's largest private employer with over 250,000 employees in the 1980s, and at its peak in the 1990s, made profits of over £1 billion a year. In June 1998, GEC sold its share of the joint venture GEC-Alsthom on the Paris stock exchange. In December 1999, GEC's defence arm, Marconi Electronic Systems, was sold to British Aerospace, forming BAE Systems. The rest of GEC, mainly telecommunications equipment manufacturing, continued as Marconi Communications. After buying several US telecoms manufacturers at the top of the market, losses following the bursting of the dot-com bubble in 2001 led to the restructuring in 2003 of Marconi plc into Marconi Corporation plc. In 2005, Ericsson acquired the bulk of that company. What was left of the business was renamed Telent. History ...
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GE Power
GE Power (formerly known as GE Energy) is an American energy technology company, owned by General Electric. Structure As of July 2019, GE Power is divided into the following divisions: * GE Gas Power (formerly Alstom Power Turbomachines), based in Atlanta, Georgia. ** Gas turbines ** Heat recovery steam generators (HRSG) * GE Steam Power (formerly Alstom Power Systems), based in Baden, Switzerland. ** Steam turbines ** Electric generators ** Boilers ** Air Quality Control Systems (AQCS) * GE Power Conversion (formerly Converteam), based in Paris, France. * GE Energy Consulting History GE Energy (early years) GE Energy was a division of General Electric and was headquartered in Atlanta, Georgia, United States. In 2008, a company-wide reorganization prompted by financial losses led to the unit's formation from companies within GE Infrastructure division. Before this reorganization, GE had nine decades of history in industrial power production including building a record-c ...
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GE Digital
GE Digital is a subsidiary of the American multinational conglomerate corporation General Electric. Headquartered in San Ramon, California, the company provides software and industrial internet of things (IIoT) services to industrial companies. GE Digital's primary focus is to provide industrial software and services in four markets: * Manufacturing applications serving discrete and process industries, as well as water utilities and economy-scale digital transformation projects * Electric and Telecommunications Utilities * Oil & Gas industry and related adjacent markets (petrochemicals, chemicals manufacturing) * Power generation (gas, steam, solar, wind, hydro and related balance of plant operations and service support); History 1980-2010: Automation Software * 1980: GE introduces the first Ethernet-enabled protection relay, a device that detects faults in systems. * 1986: GE and Fanuc combine to create GE Fanuc Automation Corporation, which manufactures programmable logi ...
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GE Renewable Energy
GE Renewable Energy is an American wind turbine manufacturer division of General Electric headquartered in Boulogne-Billancourt, Greater Paris, France focusing on production of energy from renewable sources. Its portfolio of products includes wind ( onshore and offshore), hydroelectric and solar ( concentrated and photovoltaic) power generating solutions. It is the world’s largest wind turbine manufacturer. History GE Renewable Energy was created in 2015, combining the wind power assets GE purchased from Alstom with those previously owned by GE and operated under the Power & Water division. Upon the division's creation, the headquarters of GE Renewable Energy moved from Schenectady, New York to Paris, France, part of conditions for the Alstom purchase. Sub-Divisions Wind GE Wind Energy was formed out of the assets of Enron Wind purchased in 2002, and subsequently expanded with the purchase of ScanWind in 2009. GE Wind Energy expanded into offshore wind energy with the ...
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GE Research
GE Research is the research and development division of General Electric. GE Global Research locations include: * Global Research Center in Niskayuna, New York, established as the General Electric Research Laboratory in Schenectady in 1900 and relocated to Niskayuna in 1955. ::This site is also known as the Knolls Laboratory, to distinguish it from the original Schenectady location. It is adjacent to the Knolls Atomic Power Laboratory. * John F. Welch Technology Centre in Bangalore, India, established in 2000. Notable employees Researchers at GE Global Research include: *Ralph Alpher, cosmologist *William David Coolidge, physicist *Ivar Giaever, Nobel Laureate, physicist *Juris Hartmanis, Turing Award winner, computer scientist * Christopher J. Hardy, industrial physicist *Irving Langmuir, Nobel Laureate, chemist and physicist * James L. Lawson, physicist *David Musser, computer scientist *James Rumbaugh, computer scientist *Charles Proteus Steinmetz, mathematician and electri ...
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General Electric Logo
A general officer is an officer of high rank in the armies, and in some nations' air forces, space forces, and marines or naval infantry. In some usages the term "general officer" refers to a rank above colonel."general, adj. and n.". OED Online. March 2021. Oxford University Press. https://www.oed.com/view/Entry/77489?rskey=dCKrg4&result=1 (accessed May 11, 2021) The term ''general'' is used in two ways: as the generic title for all grades of general officer and as a specific rank. It originates in the 16th century, as a shortening of ''captain general'', which rank was taken from Middle French ''capitaine général''. The adjective ''general'' had been affixed to officer designations since the late medieval period to indicate relative superiority or an extended jurisdiction. Today, the title of ''general'' is known in some countries as a four-star rank. However, different countries use different systems of stars or other insignia for senior ranks. It has a NATO rank scal ...
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Schenectady, New York
Schenectady () is a city in Schenectady County, New York, United States, of which it is the county seat. As of the 2020 census, the city's population of 67,047 made it the state's ninth-largest city by population. The city is in eastern New York, near the confluence of the Mohawk and Hudson rivers. It is in the same metropolitan area as the state capital, Albany, which is about southeast. Schenectady was founded on the south side of the Mohawk River by Dutch colonists in the 17th century, many of whom came from the Albany area. The name "Schenectady" is derived from the Mohawk word ''skahnéhtati'', meaning "beyond the pines" and used for the area around Albany, New York. Residents of the new village developed farms on strip plots along the river. Connected to the west by the Mohawk River and Erie Canal, Schenectady developed rapidly in the 19th century as part of the Mohawk Valley trade, manufacturing, and transportation corridor. By 1824, more people worked in manufac ...
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Additive Manufacturing
3D printing or additive manufacturing is the construction of a three-dimensional object from a CAD model or a digital 3D model. It can be done in a variety of processes in which material is deposited, joined or solidified under computer control, with material being added together (such as plastics, liquids or powder grains being fused), typically layer by layer. In the 1980s, 3D printing techniques were considered suitable only for the production of functional or aesthetic prototypes, and a more appropriate term for it at the time was rapid prototyping. , the precision, repeatability, and material range of 3D printing have increased to the point that some 3D printing processes are considered viable as an industrial-production technology, whereby the term ''additive manufacturing'' can be used synonymously with ''3D printing''. One of the key advantages of 3D printing is the ability to produce very complex shapes or geometries that would be otherwise impossible to construct ...
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