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Edison General Electric and Thomson-Houston merge to become The General Electric Company, with Charles A. Coffin as first president, with headquarters in Schenectady, New York (later moved to New York City). 1893 Compagnie Française Thomson-Houston, a sister company to General Electric which would become Thomson SA, formed in Paris 1894
General Electric in Schenectady, New York, aerial view, 1896 Plan of Schenectady plant, 1896 [19] General Electric Building at 570 Lexington Avenue, New York. During 1889, Thomas Edison (1847–1931) had business interests in many electricity-related companies, including Edison Lamp Company, a lamp manufacturer in East Newark, New Jersey; Edison Machine Works, a manufacturer of dynamos and ...
The resulting company, (to become Osram in 1909), [clarification needed] was to lead the way in lamp design, and the burgeoning demand for electric lighting was to make GEC's fortune. [6] In 1900, GEC was incorporated as a public limited company, The General Electric Company (1900) Ltd (the '1900' was dropped three years later). [5]
GE Aerospace was a business group of General Electric. GE Aerospace made electronics and systems for the military and aerospace industries, like radar, secure communications equipment and military and commercial satellites. The majority of the group's business was in government and military applications.
GE Appliances was originally a part of General Electric, a company which began marketing a full roster of heating and cooking products in 1907. [11] In January 2004, it became part of GE Consumer & Industrial when GE Consumer Products (founded in 1905) merged with GE Industrial Systems (founded in 1930) to form GE Consumer & Industrial.
The company was tested quickly during the Panic of 1893, in which Coffin negotiated with New York banks to advance money in exchange for GE-owned utility stocks. [1] He established a duopoly of important electric patents with Westinghouse Electric in the late 1890s, and in 1901 established a research laboratory for the company. [6]
Founded in 1900 by Thomas Edison, Willis R. Whitney, and Charles Steinmetz, this lab defined industrial research for years to come. Elihu Thomson, one of the founding members of the laboratory, summed up the goal of the lab saying, "It does seem to me therefore that a Company as large as the General Electric Company, should not fail to continue investing and developing in new fields: there ...
In December 1985, it was announced that General Electric would reacquire its former subsidiary for $6.28 billion in cash, or $66.50 per share of stock. [55] GE's acquisition of RCA was the largest non-oil company merger in history up to that time and was completed on June 9, 1986.