Monday, June 21, 2004

GE is a monster

GE is an enormous multinational industrial company headquartered in Fairfield, Connecticut. GE describes itself as composed of a number of primary business units or "businesses." Each "business" is itself a vast enterprise, any of which would, if separate, rank in the Fortune 500 by itself. The list of GE businesses varies over time as the result of acquisitions and reorganizations. The GE businesses as of 2004 are:
GE Advanced Materials
GE Commercial Finance
GE Consumer Finance
GE Consumer & Industrial (including home appliances)
GE Energy
GE Equipment Services
GE Healthcare
GE Infrastructure
GE Insurance
NBC Universal
GE Transportation Through these businesses, GE participates in a wide variety of markets including the generation, transmission and distribution of electricity, lighting, industrial automation, medical imaging equipment, motors, railway locomotives, military gatling guns, aircraft jet engines, aviation services and materials such as plastics, silicones and abrasives. It was co-founder and is the sole current owner of NBC Universal, the National Broadcasting Company. As GE Commercial Finance, GE Consumer Finance, GE Equipment Services, and GE Insurance it offers a range of financial services as well. It has a presence in over 100 countries.

Man, that's a lot!

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