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Line 1: − + − + − Today General Electric produces a wide variety of electrical products designed for home use by consumers: lamps and lighting, large appliances such as stoves, refrigerators, washers and dryers, small appliances such as fans, and hair dryers, and and has subdivisions to produce products for wider use in areas of: industry, aviation, and medical equipment. + − + − GE's main headquarters is in Fairfield, CT. (USA). The current CEO is Jeffrey Immelt. General Electric is the only company listed in the original [[Dow Jones]] Industrial Index of 1896 that is still listed today. The company has shown increasing profits every year, and grossed over $163 billion dollars in 2006, with a net profit of over $20 billion.+ − + − General Electric also owns NBC Universal, which operates the [[NBC]] television network, CNBC, MSNBC, the SciFi Channel, USA Network, the spanish language station [[Telemundo]], and [[Universal Studios]]. The company is still expanding and aquiring new companies, and in 2006 purchased a large UK company, Smith's Aerospace, for $4.8 billion. + − − The small company founded by Thomas Edison is now one of the largest and most profitable companies in the United States, and employs more than 300,000 people worldwide. − − =References= − − http://www.ge.com/ − − http://www.geappliances.com/ − − http://nyjobsource.com/ge.html − − −
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[[Thomas Edison]] established the ''Edison General Electric Company'' in 1890. Edison's company and the Thomson-Houston Company combined in 1892 to form the '''General Electric Company'''. The company worked to develop electrical innovations, and grew to be one of the major businesses in the United States.
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[[Category: United States Businesses]][[Category:Commerce]]