Movatterモバイル変換


[0]ホーム

URL:


Jump to content
WikipediaThe Free Encyclopedia
Search

Timeline of General Electric

From Wikipedia, the free encyclopedia

General Electric has a long history, involving numerous mergers, acquisitions, and divestitures.

1876-1925

[edit]
DateEvent
1876Thomas Edison opens a new laboratory inMenlo Park, New Jersey, USA
1882Thomson-Houston Electric Company formed byElihu Thomson andEdwin Houston,[1][2] later moving fromNew Britain, Connecticut, toLynn, Massachusetts, in 1883.[3]
1890Four companies (Edison Lamp Company, Edison Machine Works, and Bergmann & Company with the patent-holding company, Edison Electric Light Company) in variousTri-state area locations holding Edison's various interests merge asEdison General Electric Company
1890Edison General Electric Company acquires theSprague Electric Railway and Motor Company.
1893Edison sells his shares in General Electric[4]
GE timeline
DateEvent
1892Edison General Electric and Thomson-Houston merge to becomeThe General Electric Company, withCharles A. Coffin as first president, with headquarters inSchenectady, New York (later moved toNew York City).
1893Compagnie Française Thomson-Houston, a sister company to General Electric which would becomeThomson SA, formed in Paris
1894British Thomson-Houston, a subsidiary, formed inRugby, Warwickshire, England
1896General Electric made a component of theDow Jones Industrial Average
1905The Electric Bond and Share Co., the forerunner ofGE Commercial Finance is formed, with the goal of providing financing to small utility companies[5]
1911National Electric Lamp Association (NELA) is absorbed into General Electric's existing lighting business and GE establishes its lighting division headquarters atNela Park, the world's first industrial park, inEast Cleveland, Ohio
1912General Electric begins usingphenolic resins to mold plastic parts[5]
1913Charles A. Coffin becomes the first Chairman of General Electric
1913Edwin Rice becomes President, replacing Charles A. Coffin
1917General Electric acquiressynchronous electric clock manufacturerTelechron
1918Trumbull Electric Company, headquartered inPlainville, Connecticut, is acquired. Trumbull Electric Manufactory Co. produced electrical supply parts including porcelain fixtures, switchboards and panels.[6]
1919Radio Corporation of America (RCA) formed by General Electric andAmerican Telephone & Telegraph
1922Owen Young becomes chairman, replacing Charles A. Coffin

1926-1975

[edit]
DateEvent
1930General Electric creates itsPlastics Department to research and produce advanced plastics[5]
1932GE Credit Corporation, which evolves intoGE Consumer Finance, is founded to allow families to purchase General Electric appliances on credit[5]
1935General Electric markets the first electricgarbage disposal, theDisposall[5] (disputed byInSinkErator)
1940Philip D. Reed replacesOwen Young as Chairman
1942Owen Young returns as chairman, replacing Philip D. Reed
1942General Electric develops the first Americanjet engine
1945Philip D. Reed becomes chairman, replacing Owen Young
1945General Electric acquires Ken-Rad Tube Manufacturing Corporation, headquartered inOwensboro, Kentucky, and designates the Ken-Rad's plants located in Owensboro andBowling Green, Kentucky,Tell City andHuntingburg, Indiana, as its primary vacuum tube manufacturing facilities[7]
1949GE Armament Division test-fires theM61 Vulcanrotary cannon
1953Lexan accidentally developed by aGE Plastics scientist while searching for a new wire coating[5]
1955GE Research Laboratory announces the ability to create the firstartificial diamonds, primarily for industrial use[5]
1958Ralph J. Cordiner becomes Chairman & CEO, replacingPhilip D. Reed
1962General Electric scientistRobert N. Hall invents thesolid state laser[5]
1963Gerald L. Phillippe becomes chairman, replacingRalph J. Cordiner
1964General Electric sponsorsCarousel of Progress at the1964 New York World's Fair and continues sponsorship after it is moved toDisneyland from 1967 to 1973, then toMagic Kingdom (1975–1985)
1967Fred J. Borch becomes Chairman & CEO, replacing Gerald L. Phillippe
1970Computer systems division sold toHoneywell
1971CFM International is formed with partnerSNECMA for the purpose of producing medium-sized civilturbofan[5]
1972Reginald Jones becomes chairman and CEO, replacingFred J. Borch
1974GE moves its headquarters toFairfield, Connecticut, from New York City.

1976-2025

[edit]
DateEvent
1981Jack Welch whose management style would leave a lasting effect upon General Electric and corporate America, replacesReginald Jones as CEO
1982CFM International'sCFM56 is introduced; The CFM56 would go on to dominate the engine market for short haulairliner[5]
1983General Electric begins sponsoringHorizons atEPCOT Center which ends in 1993
1984GE spins off its commercial computer graphics products and services Genigraphics Operation to theGenigraphics Corporation
1984GE acquiresEmployers Reinsurance Corporation for $1 billion[8]
1985GEnie, one of the pioneeringonline services, was developed using extra processor cycles onGeneral Electric Information Services mainframes
1986General Electric re-acquires RCA, primarily for theNBC television network and sells the remaining components to Thomson—along with General Electric's consumer electronics division— andBertelsmann. GE also acquiredKidder-Peabody as part of GE Capital.[9] The company starts sponsoringThe McLaughlin Group, which lasted 16 years.[10][11]
1987GE closed down air conditioner plant in Appliance Park in Louisville, Kentucky and sold their room air conditioner and rotary compressor plant in Columbia, Tennessee, toFedders. GE also sold the residential and commercial air conditioner plant in Tyler, Texas toTrane.
1988General Electric begins sponsorship ofIllumiNations, a series of fireworks displays, atEPCOT Center which continues until 1998
1989TheConsumer News and Business Channel, or CNBC, is formed to provide business news tocable television subscribers[5]
1992GE Power controls acquires the company Agut S.A in Spain.[12]
1993GE Aerospace Division sold toMartin Marietta, nowLockheed Martin
1996MSNBC is formed with partnerMicrosoft, to compete with theCable News Network[5]
1996GEnie is sold to Yovelle, now part ofIDT Corp.
1996General Electric sponsors theMain Street Electrical Parade for the farewell season atDisneyland
1999Harkening back to theEasy-Bake Oven, General Electric introduces theAdvantium oven, which useshalogen lights to cook food[5]
1999Montgomery Ward exitsChapter 11 bankruptcy protection, and becomes a subsidiary ofGE Capital, a major creditor
1999GEnie, General Electric's nascent Internet Service Provider, is shut down.
2000Montgomery Ward folded byGE Capital due to declining sales
2001General Electric andHoneywell agree to merge, however it is blocked byEuropean UnionM&A chiefMario Monti.[13]
2001Jeffrey Immelt becomes CEO, replacing Jack Welch
2001NBC acquiresTelemundo, one of the leadingSpanish language television networks
2002GE stops sponsoring the public television programThe McLaughlin Group after 16 years.[11]
2002The finance committee of theboard is dissolved[8]
2003GE Healthcare acquires Instrumentarium.[14]
2003GE Capital acquiresTransamerica Finance fromAEGON, who retained the rest ofTransamerica Corporation
2004NBC acquires the entertainment assets ofVivendi Universal, excludingUniversal Music and formsNBC Universal, of which General Electric owns 80%
2004GE Healthcare acquires Amersham plc
2004GE Capital acquiresDillard's credit card unit for US$1.25 billion
2004GE sells 60% stake inGE Capital International Services (GECIS) to private equity companies, Oak Hill Capital Partners and General Atlantic, for $500 million
2004Genworth Financial formed from General Electric'slife andmortgage insurance assets
2004GE Security acquiresInVision Technologies, a leading manufacturer of airport security equipment.[15] On July 1, 2009, theEuropean Union approves the sale of 81 percent of GE's airport security and biometrics division to French companySafran.[16]
2005GE Commercial Finance acquires the financial assets ofBombardier, a Canadian aircraft manufacturer for US$1.4 billion[17]
2006GE Healthcare acquiresIDX Systems, a medical software firm, for US$1.2 billion
2006GE Advanced Materials division is sold toApollo Management for US$3.8 billion
2006GE Water & Process Technologies acquiresZenon Environmental Systems for $758 million
2006GE Money buysSuperbank's $500 million lending portfolio[18]
2007GE Consumer & Industrial acquiresMicrowave Data Systems for US$600 million
2007GE-Aviation acquiresSmiths Aerospace for £2.4 billion
2007GE Oil & Gas acquiresVetco Gray for US$1.9 billion.[19][20]
2007GE Plastics is sold toSABIC for US$11.6 billion.[21]
2008GE Oil & Gas acquires Hydril Pressure & Control for US$1.12 billion fromTenaris, who retains possession of Hydril Premium Connections.[22][23]
2008GE Co. acquires Vital Signs Inc. for US$860 million[24]
2009GE buysVivendi's stake inNBC Universal and sell a controlling interest of the company toComcast, with GE retaining a 49 percent interest in the joint venture[25]
2009GE acquires Norway-based turbine manufacturerScanWind.[26]
2010GE enters negotiations with Comcast Corporation to sell the NBC Universal unit; Clearance by theFCC andUS Attorney General are required
2011GE completes sale of NBC Universal withComcast. GE still owns 49% of The Venture
2013GE sells the remaining part of NBC Universal toComcast.
2013GE sells Vital Signs divisionCarefusion for 500M USD.
2014GE agreed to sell their appliance business toElectrolux[27] but the deal was not completed.[28]
2015Due to antitrust issues, GE cancels the appliance business deal with Electrolux after strong oppositions from antitrust regulators[29]
2015GE completes Alstom Power acquisition.
2016GE agreed to sell its appliance business to QingdaoHaier for $5.4 billion including the 48.4% of shares it held inMabe, a Mexican appliance maker[30]
2016GE acquires ShipExpress[31]
2016General Electric moved their global headquarters fromFairfield, Connecticut, to theSouth Boston Waterfront in August 2016.[32]
2016GE Digital acquires ServiceMax[33]
2017GE acquiresBaker Hughes and merges it withGE Oil and Gas to form Baker Hughes a GE Company.[34]
2018S&P Dow Jones Indices announces that another company will replace General Electric Co. (NYSE:GE) in theDow Jones Industrial Average (DJIA) effective prior to the open of trading on June 26.[35]
2019GE sellsGE Transportation toWabtec and terminates ownership of former said company after 112 years of ownership.
2021GE announces split of company into three separate concerns—GE HealthCare,GE Vernova, andGE Aerospace—with the healthcare and energy (Vernova) divisions being spun off and the company pivoting to aviation by rebranding as GE Aerospace.[36][37]
2023GE completes spin-off ofGE HealthCare[37]
2024GE completes spin-off ofGE Vernova. The company is now known asGE Aerospace and ceases to exist as a conglomerate, the General Electric Company name retired after 130 years.[36][37]

References

[edit]
  1. ^Gifford, Jonathan (September 15, 2013).100 Great Business Leaders: Of the world's most admired companies. Marshall Cavendish International Asia Pte Ltd. pp. 34–35.ISBN 9789814484688.
  2. ^"Elihu Thomson Papers, 1853-1955". Smithsonian Institution. July 23, 2014. RetrievedOctober 19, 2019.in 1882, founded one of the early electrical corporations in the United States, the Thomson-Houston Company
  3. ^"Elihu Thomson Papers". RetrievedOctober 19, 2019....formed the Thomson-Houston Company in 1882. In 1883, the Thomson-Houston works moved to Lynn, Massachusetts...Elihu Thomson Papers at the American Philosophical Society
  4. ^Levenson, Michael (May 28, 2020)."G.E., Which Traces Its Roots to Thomas Edison, Sells Its Lighting Business".New York Times. RetrievedDecember 3, 2023.
  5. ^abcdefghijklmGeneral Electric official history
  6. ^Trumbull Electric Manufacturing Company, Woodford Avenue, Plainville. :: Connecticut History Online
  7. ^Hugh O. Potter's History of Owensboro and Daviess County, Kentucky, pp. 126, published 1974, Herff Jones-Paragon Publishing, Montgomery, Alabama and Louisville, Kentucky
  8. ^abGryta, Thomas; Mann, Ted (2021).Lights out: pride, delusion, and the fall of General Electric. Boston New York: Mariner Books, Houghton Mifflin Harcourt. pp. 63, 69.ISBN 978-0-358-25041-8.
  9. ^Behr, Peter (April 25, 1986)."GE to Acquire Control Of Broker Kidder, Peabody".Washington Post.ISSN 0190-8286. RetrievedSeptember 12, 2023.
  10. ^"GE renewal"(PDF).Broadcasting. September 22, 1986. p. 82. RetrievedSeptember 18, 2023.
  11. ^abMcClellanpublished, Steve (June 28, 2004)."Changing of the Guard".Broadcasting Cable. RetrievedSeptember 18, 2023.
  12. ^"General Electric cierra en el Bages".Expansion. March 16, 2014. RetrievedNovember 24, 2023.
  13. ^"EU kills GE-Honeywell".CNN Money. July 3, 2001. RetrievedSeptember 9, 2014.
  14. ^"General Electric and Instrumentarium Enter Into Combination Agreement — GE Offers EUR 2 Billion to Acquire Instrumentarium".PRNewswire. RetrievedSeptember 9, 2014.
  15. ^"GENERAL ELECTRIC AGREES TO ACQUIRE INVISIO N"(PDF).GE. March 15, 2004. RetrievedSeptember 9, 2014.
  16. ^Reuters (July 2, 2009)
  17. ^"Bombardier Sells Finance Unit to General Electric for $1.4 Bln." Gunsalus, J.Bloomberg.
  18. ^"GE Money buys out Superbank - Business News".The New Zealand Herald. August 4, 2006. RetrievedDecember 3, 2023.
  19. ^"General Electric to acquire Vetco Gray for $1.9 billion".ReliablePlant.com. January 8, 2007. Archived fromthe original on July 6, 2014. RetrievedJune 11, 2014.
  20. ^"GE Oil & Gas buys Vetco Gray".E&P Magazine. January 8, 2007. Archived fromthe original on May 28, 2014. RetrievedJune 11, 2014.
  21. ^"GE to sell plastics unit to Sabic for $11.6 billion".MarketWatch. May 21, 2007. RetrievedSeptember 9, 2014.
  22. ^Saitto, Serena; Kingsbury, Kevin (January 28, 2008)."From Tenaris".MarketWatch.com — The Wall Street Journal. RetrievedJune 11, 2014.
  23. ^"GE Oil & Gas Buys Hydril Pressure Control". January 29, 2008. Archived from the original on July 9, 2014. RetrievedJune 11, 2014.
  24. ^"Vital Signs to be acquired for $860 million".Chicago Tribune. July 25, 2008. RetrievedJuly 25, 2008.
  25. ^"GE, Comcast announce NBC Universal joint venture deal" David Goldman and Julianne Pepitone, CNNMoney.com (December 3, 2009)
  26. ^GE Grabs Gearless Wind Turbines
  27. ^"GE unloads appliance division to Sweden's Electrolux".USA Today. September 8, 2014. RetrievedJanuary 28, 2023.
  28. ^"Acquisition of GE Appliances not to be completed" (Press release). Stockholm, Sweden: AB Electrolux. December 7, 2015. RetrievedJanuary 28, 2023.
  29. ^"GE calls off Electrolux appliance deal amid U.S. antitrust fight".Reuters. December 7, 2015. RetrievedJanuary 16, 2016.
  30. ^"G.E. to Sell Appliance Division to Haier for $5.4 Billion".The New York Times. January 15, 2016. RetrievedJanuary 16, 2016.
  31. ^"G.E. to Sell Appliance Division to Haier for $5.4 Billion".The New York Times. January 15, 2016. RetrievedJanuary 16, 2016.
  32. ^Chesto, Jon (January 30, 2017)."GE adds to the size of its future South Boston campus".Boston Globe. RetrievedJanuary 31, 2017.
  33. ^"GE Digital Acquires ServiceMax to Extend Predix and Analytics Across Field Service Processes".ServiceMax. November 14, 2016. RetrievedNovember 15, 2016.
  34. ^"GE, Baker Hughes complete merger". July 3, 2017.
  35. ^press release (June 19, 2018, pdf)
  36. ^abChesto, Jon (April 1, 2024)."GE's long life as giant industrial conglomerate enters new era, as company splits up on Tuesday".The Boston Globe.Archived from the original on April 1, 2024.
  37. ^abcMazein, Elodie (April 1, 2024)."Swan song for General Electric as it completes demerger". AFP.Archived from the original on April 2, 2024 – via Yahoo! News.The official finalization of the separation comes Tuesday, with General Electric disappearing in favor of GE Vernova, dealing with energy activities, and GE Aerospace, the new name of the late GE.
Successor companies*
Former subsidiaries
and divisions
Joint ventures/
shareholdings
Current**
Former
Products
and brands
People
Founders
Executives
Outside directors
Places and
facilities
Sponsorship
Other
  • * Following corporate split-up from 2023 to 2024
  • ** Joint ventures before corporate split-up from 2023 to 2024
Retrieved from "https://en.wikipedia.org/w/index.php?title=Timeline_of_General_Electric&oldid=1324459169"
Categories:
Hidden categories:

[8]ページ先頭

©2009-2026 Movatter.jp