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General Electric Company (GE) was an American multinational conglomerate founded in 1892, incorporated in the state of New York and headquartered in Boston. Over the years, the company had multiple divisions, including aerospace, energy, healthcare, lighting, locomotives, appliances, and finance. In 2020, GE ranked among the ''Fortune'' 500 as the 33rd largest firm in the United States by gross revenue. In 2023, the company was ranked 64th in the ''Forbes'' Global 2000. 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. From 1986 until 2013, GE was the owner of the NBC television network through its purchase of its former subsidiary RCA before its acquisition of NBC's parent company NBCUniversal by Comcast in 2011. Following the Great Recession ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boston
Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeastern United States. It has an area of and a population of 675,647 as of the 2020 United States census, 2020 census, making it the third-largest city in the Northeastern United States after New York City and Philadelphia. The larger Greater Boston metropolitan statistical area has a population of 4.9 million as of 2023, making it the largest metropolitan area in New England and the Metropolitan statistical area, eleventh-largest in the United States. Boston was founded on Shawmut Peninsula in 1630 by English Puritans, Puritan settlers, who named the city after the market town of Boston, Lincolnshire in England. During the American Revolution and American Revolutionary War, Revolutionary War, Boston was home to several seminal events, incl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Schenectady, New York
Schenectady ( ) is a City (New York), city in Schenectady County, New York, United States, of which it is the county seat. As of the United States Census 2020, 2020 census, the city's population of 67,047 made it the state's ninth-most populous city and the twenty-fifth most-populous municipality. The city is in eastern New York, near the confluence of the Mohawk River, Mohawk and Hudson River, Hudson rivers. It is in the same Capital District (New York), metropolitan area as the state capital, Albany, New York, 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 language, 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. Union College, the first non-denominational institut ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York (state)
New York, also called New York State, is a U.S. state, state in the northeastern United States. Bordered by New England to the east, Canada to the north, and Pennsylvania and New Jersey to the south, its territory extends into both the Atlantic Ocean and the Great Lakes. New York is the List of U.S. states and territories by population, fourth-most populous state in the United States, with nearly 20 million residents, and the List of U.S. states and territories by area, 27th-largest state by area, with a total area of . New York has Geography of New York (state), a varied geography. The southeastern part of the state, known as Downstate New York, Downstate, encompasses New York City, the List of U.S. cities by population, most populous city in the United States; Long Island, with approximately 40% of the state's population, the nation's most populous island; and the cities, suburbs, and wealthy enclaves of the lower Hudson Valley. These areas are the center of the expansive New ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GE Renewable Energy
GE Renewable Energy was a manufacturing and services division of the American company General Electric. It is headquartered in Boulogne-Billancourt, near Paris, France and focuses on the production of energy systems that use renewable sources. Its products include wind ( onshore and offshore), hydroelectric and solar ( concentrated and photovoltaic) power generating facilities. In 2024, GE Renewable Energy and GE Power merged to create GE Vernova, a company completely independent of General Electric, which ceases to exist as a conglomerate (refocusing on aerospace as GE Aerospace). 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. In 2021 plan to splitting GE into three new pub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
One Financial Center
One Financial Center is a modern skyscraper adjacent to Dewey Square in the Financial District of Boston, Massachusetts. Built in 1983 by Rose Associates, it is Boston's 11th-tallest building, standing tall, and housing 46 floors. An unusual tall glass-roofed lobby, known as the atrium, occupies the first two stories. The remaining stories are offices, home to a number of law firms, Certified Public Accountants, and financial services companies. The building is located on a historic triangular piece of land next to South Station and the Federal Reserve Bank Building, joining the Fort Point Channel area with Boston's Financial District. During the Big Dig (a project to create a new underground highway under the center of Boston), extra care was needed to avoid subsidence of the soil under the building, as construction was underway just from the building's foundation. The building was constructed on soil rather than bedrock due to the geography of the site. The t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GE Power
GE Power (formerly known as GE Energy) was an American energy technology company owned by General Electric (GE). In April 2024, GE completed the spin-off of GE Power into a separate company, GE Vernova. Following this, General Electric ceased to exist as a conglomerate and pivoted to aviation, rebranding as GE Aerospace. 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 Power Systems GE Power Systems was a division of General Electric operating as supplier of power generation technology, energy services and energy management and also i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GE Capital
GE Capital was the financial services division of General Electric. Its various units were sold between 2013 and 2021, including the notable spin-off of the North American consumer finance division as Synchrony Financial. Ultimately, only one division of the company remained, GE Energy Financial Services, which was transferred to GE Vernova when General Electric was broken up. 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. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hamilton McKown Twombly
Hamilton McKown Twombly Sr. (August 11, 1849 – January 11, 1910) was an American businessman. Early life Hamilton McKown Twombly Sr. was born on August 11, 1849, in Middlesex County, Massachusetts, and grew up in Boston. His parents were Alexander Hamilton Twombly (1804–1870) and Caroline (née McKown) Twombly (1821–1881). Twombly's siblings included Alexander Stevenson Twombly (1832–1907), Alice W. Twombly Jones (1848–1906), and Almina E. Twombly Sheldon (1851–1875). He attended and graduated from Harvard University in 1871. Career Twombly worked as a financial advisor to William Henry Vanderbilt (1821–1885), President of the New York Central Railroad. He sat on the Boards of Directors of the Chicago and North Western Railway, the Delaware, Lackawanna and Western Railroad, the Chesapeake and Ohio Railway, and the New Jersey Shore Line Railroad. He also sat on the Boards of Trustees of the Guarantee Trust Company and the Mutual Life Insurance Company. In 1890, Abr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frederick Lothrop Ames
Frederick Lothrop Ames (June 8, 1835 – September 13, 1893) was heir to a fortune in railroads and shovel manufacturing. He was Vice President of the Old Colony Railroad, a director of the Union Pacific railroad, and a co-founder of General Electric. At the time of his death, Ames was reported to be the wealthiest person in Massachusetts. Ames Family The Ames family was a wealthy family which had lived in Easton for many generations. Frederick's grandfather Oliver Ames Sr. founded the Ames Shovel Works in Easton, Massachusetts. The Shovel Works earned the family a huge fortune, during a time when aggressive canal and railroad expansion was built by the hands of thousands of men using shovels. Frederick's father Oliver Jr. was president of the Union Pacific Railroad during the building of the transcontinental railroad. Frederick's cousin Oliver Ames was governor of Massachusetts 1887–1890. Biography Frederick Lothrop Ames was born June 8, 1835, in Easton, Massachusett ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GE Appliances
GE Appliances is an American home appliance manufacturer based in Louisville, Kentucky. It operates as an independent subsidiary of Chinese Haier Smart Home Company, a publicly traded affiliate of Haier, after an acquisition from General Electric in 2016. Haier has the right to use the GE brand name until 2056. GE Appliances is one of the largest appliance companies in the United States and manufactures appliances under several brands, including GE, GE Profile, Café, Monogram, Haier and Hotpoint (Americas only, European rights held by Whirlpool Corporation). The company also owns FirstBuild, a co-creation community and micro-factory on the University of Louisville's campus in Louisville, Kentucky. Another FirstBuild location is in South Korea, and a FirstBuild location in India opened its doors in 2019. GE Appliances has a long history of cooking innovation and is responsible for creating the first self-cleaning oven as well as the first over-the-range microwave. GE Applianc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GE Aerospace
General Electric Company, doing business as GE Aerospace, is an American aircraft engine supplier that is headquartered in Evendale, Ohio, outside Cincinnati. It is the legal successor to the original General Electric Company founded in 1892, which split into three separate companies between November 2021 and April 2024, adopting the trade name GE Aerospace after divesting its healthcare and energy divisions. GE Aerospace both manufactures engines under its name and partners with other manufacturers to produce engines. 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 2020, CFM International holds 39% of the world's commercial aircraft engine market share (while GE Aerospace itself holds a further 14%). GE Aerospace's main competitors in the engine market are Pratt & Whitney and Rolls-Royce. The division operated under the name of General Elec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GE Digital
GE Digital is a subsidiary of American energy conglomerate GE Vernova. 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 enter into a joint venture to create GE Fanuc Automation Corporation, which manufactures programmable logic con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
