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List Of Assets Owned By General Electric
List of assets owned by General Electric: Primary business units * GE Aviation * GE Healthcare * GE Power * GE Renewable Energy Other business units * GE Additive * GE Capital ** GE Capital Aviation Services ** GE Energy Financial Services * GE Digital * GE Research * GE Licensing See also * Lists of corporate assets References Sources * http://www.ge.com {{General Electric General Electric General E Assets In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can ...
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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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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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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 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 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 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 Capital Aviation Services
GECAS (GE Capital Aviation Services) was an Irish–American commercial aviation financing and leasing company. AerCap acquired the company from GE Capital on November 1, 2021. GECAS was the largest commercial airline leasing/financing company in the world by number of aircraft. The company offered many aviation finance services, including aircraft leasing, aircraft lending, engine leasing, asset management, and aircraft consulting. In terms of aircraft leasing, GECAS purchased aircraft from manufacturers such as Airbus and Boeing, and then leased them to airlines, typically for about eight years, and usually on dry lease contracts. GECAS also offered purchase leasebacks. The company had two global headquarters in Shannon, Ireland, and Norwalk, Connecticut. The company had over 575 employees and 26 offices throughout the world. GECAS had a fleet of over 1,970 aircraft, operated by 270 clients in over 75 countries. GECAS' primary competitor was AerCap, with other competitors includ ...
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GE Energy Financial Services
GE Energy Financial Services (EFS), a division of GE Capital headquartered in Stamford, Connecticut, United States, provides financial and technological investment in energy infrastructure projects around the world. EFS is active within industries such as power generation and distribution, oil and gas, pipelines and storage, water, venture capital, and renewable energy. EFS portfolios include deepwater oil and gas exploration in Brazil and water pipeline projects in Jordan. GE EFS has invested billions of dollars in the solar industry. One of their most recent investment is a 127-megawatt solar farm in Arlington, Arizona which is about west of Phoenix. Partial list of projects * Dokie Ridge Wind Farm, near Chetwynd, British Columbia, Canada * Toba Inlet run-of-the river project in Toba Inlet, British Columbia British Columbia (commonly abbreviated as BC) is the westernmost province of Canada, situated between the Pacific Ocean and the Rocky Mountains. It has a div ...
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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 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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Lists Of Corporate Assets
This page is an index for lists of some assets owned by large corporations. Holding companies *List of assets owned by Berkshire Hathaway * List of assets owned by Bertelsmann * List of assets owned by Nestlé * List of assets owned by Procter & Gamble *List of assets owned by Shaw Communications *List of assets owned by Sony * List of assets owned by Unilever * List of assets owned by Vivendi *List of assets owned by Walmart Supermarket companies * List of assets owned by Ahold Delhaize * List of assets owned by Albertsons * List of assets owned by Canadian Tire * List of assets owned by Hudson's Bay Company * List of assets owned by Kroger * List of assets owned by Loblaw Companies * List of assets owned by Schwarz Gruppe * List of assets owned by Wakefern Food Corporation *List of assets owned by Walmart Media companies Media companies are included here based on their inclusion in an online list provided by the Columbia Journalism Review, published by the Columbia University G ...
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Asset Lists
In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). The balance sheet of a firm records the monetaryThere are different methods of assessing the monetary value of the assets recorded on the Balance Sheet. In some cases, the ''Historical Cost'' is used; such that the value of the asset when it was bought in the past is used as the monetary value. In other instances, the present fair market value of the asset is used to determine the value shown on the balance sheet. value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business. Assets can be grouped into two major classes: tangible assets and intangible assets. Tangible assets contain various subclasses, includ ...
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