3. 1876 - Thomas Alva Edison opened a laboratory in Menlo Park, New Jersey. The greatest invention of the age - an incandescent electric lamp. 1890 - Edison established the Edison General Electric Company GE-Thomas-Houston Company merger In 1892, the two companies combined. They called the new organization the General Electric Company. GE Research lab started in a barn in 1900
4. Geography Northern Asia With its accelerated growth rate and migration of population to urban areas, China is a market of tremendous opportunity for GE - particularly for our infrastructure businesses. GE's "Company to Country" strategy for China means localizing our business to China, building on local capabilities and developing local resources. Southeast Asia GE has long been a vital part of the Southeast Asian economies. Today GE is supplying cutting-edge technology to hospitals in Malaysia; helping to build the infrastructure of Indonesia; providing clean energy and water solutions to the Philippines; building aircraft engines in Vietnam; and much more.
5. Europe Eastern Europe is growing at three times the global rate. GE has been a part of that growth, providing new technologies to build the region's infrastructure, and investing $52 million to build a Global Research Center in Munich, Germany. Middle East / Africa The Middle East is diversifying beyond its oil-based economy with explosive development. North America GE's North American presence will exercise its leadership and innovation on an ever-broader scale as we seek to create jobs and opportunity everywhere we serve. Latin America Building Latin America's transportation, healthcare and infrastructure needs.
8. Innovations: Virgin Atlantic and GE –biofuel in aviation The worlds first hi-definition CT scanner GE’s first compact ECG device – designed, developed and manufactured in India The worlds first zero carbon city at Masdar, Abu Dhabi. Contactless transmission of Electricity
11. Future Ahead… Healthcare Products – reduce costs improve quality and increase access, General Electric Co expects to record flat profit across its big industrial units next year, as a sluggish global economy crimps sales for jet engines, electric turbines and other heavy equipment. At $180 billion in revenue, it's both hard to manage such a large and complex organization, and it's hard to grow that top line by a substantial percentage. The company expects operating profit at NBC to decline next year due to the high cost of broadcasting the Olympics. Jack Immelt: "If we do inorganic growth in the future, it's going to be in the key domains
