Company Profile:

General Electric Company (GE)
3135 Easton Turnpike
Fairfield, CT 06828
United States
+1-203-3732211 (Phone)
+1-203-3733131 (Fax)
Website:http://www.ge.com

Details:

Index Membership: Dow Jones Composite/Dow Industrials
Sector: Industrial Goods
Industry: Diversified Machinery
Full Time Employees: 287,000

Business Summary:

General Electric Company (GE) is a diversified technology and financial services corporation. The products and services of the Company range from aircraft engines, power generation, water processing, and household appliances to medical imaging, business and consumer financing and industrial products. It serves customers in more than 100 countries. Effective January 28, 2011, it held a 49% interest in a media entity that includes the NBC Universal businesses. Its segments include Energy Infrastructure, Technology Infrastructure, NBC Universal, GE Capital and Home & Business Solutions. In March 2010, the Company sold its GE Security business to United Technologies. In December 2010, it sold its Central American bank and card business, BAC Credomatic GECF Inc. (BAC). On February 1, 2011, it acquired Dresser, Inc. On February 3, 2011, it acquired Wellstream PLC. In September 2011, it launched a new entity, Research Circle Technology Inc. (RCT).
On December 22, 2010, the Company acquired Clarient, Inc. During 2010, it entered into agreements to sell its U.S. recreational vehicle and marine equipment financing portfolio (Consumer RV Marine) and Consumer Mexico. In October 2010, it purchased sales finance portfolios from Citi Retail Partner Cards, which provides consumer financing programs and related services to small to mid-sized retailers and dealers. In May 2010, it sold its general partnership interest in Regency Energy Partners L.P. (Regency), a midstream natural gas services provider, and retained a limited partnership interest. In August 2011, the Company acquired Commtest.