General Electric Company otherwise known as GE is a multinational American technology and services conglomerate integrated in the State of New York. General Electric Company has been ranked as the world’s largest company since this year. GE has 323,000 employees worldwide.

History

When the Dow Jones Industrial Average was formed in 1896, General Electric Company was among the twelve companies listed on it and has been on it for 113 years. In 1911 the National Electric Lamp Association (NELA) was included in General Electric lighting business. General Electric later instituted its lighting division headquarters at Nela Park in East Cleveland Ohio. Nela Park is still the headquarters for General Electric’s lighting business.

General Electric’s long history of working with turbines in the power generation field gave them the engineering know-how to move into the new field aircraft turbo super chargers. The first superchargers were introduced during the First World War through the leadership of Sanford Moss; developing the superchargers continued during the Interwar period. They became essential in the years prior to the Second World War and General Electric became the world leader in exhaust – driven supercharging at the start of the war. From this experience General Motors was an automatic selection to develop the Whittle W. 1 jet engine that was shown in 1941 in the US. Albeit General Electric’s work with Whittle’s designs was later given to Allison Engine Company, General Electric Aviation came out as one of the world’s largest engine manufacturers next to Rolls Royce plc. Rolls Royce plc was the leader in innovation, reliability and efficient high performance heavy duty jet engine manufacture and design.

General Electric was also one of the eight major computer companies throughout the 1960s. The company had an extensive line of general purpose and extraordinary purpose computers.