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What (who) is General Electric - definition
![[[General Electric Building]] at 570 Lexington Avenue, New York](https://commons.wikimedia.org/wiki/Special:FilePath/570 Lexington Avenue (General Electric Building) 001.jpg?width=200 "[[General Electric Building]] at 570 Lexington Avenue, New York")
![[[Carmen Miranda]] in a 1945 advertisement for a General Electric FM radio in ''[[The Saturday Evening Post]]''](https://commons.wikimedia.org/wiki/Special:FilePath/Carmen Miranda by General Electric (1945).jpg?width=200 "[[Carmen Miranda]] in a 1945 advertisement for a General Electric FM radio in ''[[The Saturday Evening Post]]''")
![GE Global Operations Center in [[Downtown Cincinnati]], [[Ohio]]](https://commons.wikimedia.org/wiki/Special:FilePath/GE, Global Operations Center - Cincinnati.jpg?width=200 "GE Global Operations Center in [[Downtown Cincinnati]], [[Ohio]]")
![GE facility in [[Schenectady, New York]]](https://commons.wikimedia.org/wiki/Special:FilePath/GE Schenectady.JPG?width=200 "GE facility in [[Schenectady, New York]]")
![A General Electric [[neon sign]]](https://commons.wikimedia.org/wiki/Special:FilePath/GeneralElectricSign.jpg?width=200 "A General Electric [[neon sign]]")
![date=January 27, 2016 }}" in ''[[Engineering Magazine]]'' 11. 1896</ref>](https://commons.wikimedia.org/wiki/Special:FilePath/General Electric Shops, Schenectady, NY, 1896.jpg?width=200 "date=January 27, 2016 }}\" in ''[[Engineering Magazine]]'' 11. 1896</ref>")
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![CF6 with cutouts at The [[National Air and Space Museum]] in Washington, D.C.](https://commons.wikimedia.org/wiki/Special:FilePath/Ge cf6 turbofan.jpg?width=200 "CF6 with cutouts at The [[National Air and Space Museum]] in Washington, D.C.")
![CF6-80C2K1F Engine for the [[Kawasaki C-2]]](https://commons.wikimedia.org/wiki/Special:FilePath/General Electric CF6-80C2K1F Engine at JASDF Gifu Air Base October 30, 2016 (cropped).jpg?width=200 "CF6-80C2K1F Engine for the [[Kawasaki C-2]]")
.jpg?width=200 "CF6-6 cutaway")
![A CF6 turbofan installed at [[INTA Turbojet Engine Test Centre]]](https://commons.wikimedia.org/wiki/Special:FilePath/MADRID 060508 MXALX 054.jpg?width=200 "A CF6 turbofan installed at [[INTA Turbojet Engine Test Centre]]")
Wikipedia
General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston.
The company operates in aviation, power, renewable energy, digital industry, additive manufacturing and venture capital and finance.
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 create through its planned separation: GE Aerospace, GE HealthCare and GE Vernova. The new companies will be focused on aerospace, healthcare, and energy (renewable energy, power, and digital). The first spin-off of GE HealthCare was finalized on January 4, 2023, with GE holding 19.9% of shares. This will be followed by the spin-off of GE's portfolio of energy businesses which plan to become GE Vernova in 2024. Following these transactions, GE will be an aviation-focused company, renaming itself as GE Aerospace, and will be the legal successor of the original GE.
