
General Electric began in 1892 when several companies merged together, including Thomas Edison’s Lamp Company. The men in charge hoped for lasting success. But it’s unlikely they expected their company would remain one of the largest in the world for over 100 years.
In 2000, GE was the most profitable company in the world. Yet two decades later, profits have nosedived, as has the value of the company. Why?
The answer is complex. Read on for some history and explanation.
History of General Electric: The Foundations
GE sprung from the merging of a lamp manufacturer, an electric company, and a railway & motor company. When the Dow Jones Industrial Average was first published in 1896, GE was one of the first companies listed. The company helped industrialize America through the availability of cheap electricity.
Continue reading “General Electric: Still Evolving After a Century.”


You must be logged in to post a comment.