Business Chief US+CAN Magazine August 2020 | Page 105

09 General Electric ( GE )

US $ 34.3bn

Founded in 1892 , General Electric ( GE ) has over 125 years of experience in innovating and pioneering technology . Reflecting on its heritage , GE highlights four areas where it has led the way for technological transformation over the years .
• Transportation : “ For over a century , GE ’ s creations have powered vehicles in the air , at sea , and on land .”
• Power : “ GE ’ s co-founder Thomas Edison created the first electrical grid in 1882 . Ever since , GE has played an integral role in generating and delivering power .”
• Devices : “ Our revolutionary breakthroughs have fundamentally changed aspects of industry and daily life in manufacturing , healthcare and materials science discoveries .”
• Environment : “ We know that our company ’ s future success depends upon our ability to create safer , cleaner , more efficient power , products , and processes .”
107

CEO

H . LAWRENCE CULP , JR .

1892

YEAR FOUNDED

HQ

BOSTON MASSACHUSETTS
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