General Electric

General Electric is a multinational conglomerate headquartered in Boston, Massachusetts, United States, operating across aviation, healthcare, power and renewable energy sectors. The company was founded in 1892 through the merger of Edison General Electric Company and Thomson-Houston Electric Company, with Thomas Edison among its original backers. GE operates in more than 170 countries and employs approximately 170 000 people worldwide. The company is organised into several business segments, including GE Aerospace, GE HealthCare, and GE Vernova, the latter encompassing power generation, renewable energy and digital solutions. GE Steam Power, a division within GE Vernova, supplies steam turbines, generators and related equipment for thermal and nuclear power plants globally. The company has been listed on the New York Stock Exchange for over a century and was a founding member of the Dow Jones Industrial Average. In recent years GE has undergone significant restructuring, spinning off GE HealthCare in 2023 and planning to separate its remaining businesses into independent publicly traded companies. The conglomerate has a long history of involvement in major infrastructure projects, including power generation facilities, and maintains a significant presence in emerging markets. GE's power business has supplied equipment and services to nuclear, coal, gas and combined-cycle power stations across six continents. The company's financial scale has varied with restructuring, but it remains one of the most recognised industrial brands globally, with a legacy spanning electrification, aviation innovation and medical imaging technology.