What Companies are Owned by GE?

When it comes to the global economy, few companies have as prominent a presence and influence as General Electric.

For over 130 years, General Electric has been one of the most recognizable names in business.

General Electric is a powerhouse in the world of business, with a diverse portfolio of companies under its belt.

From energy and aviation to healthcare technology and financial services, GE is a behemoth that spans multiple industries.

Who Owns General Electric?

As of June 2021, the largest institutional shareholder of GE was Blackrock Inc., owning over 6.5 percent of the company’s outstanding shares.

Vanguard Group also held a sizable stake in the company at 5.1 percent. Other significant shareholders included State Street Corporation (4.9 percent) and Bank of New York Mellon (3.7 percent).

These institutional investors have significant voting power within GE, allowing them to influence the company’s strategic decisions.

However, unlike some other large companies, individual shareholders do not hold much power over GE’s corporate governance.

In fact, according to market insiders in 2021, less than 5 percent of GE’s outstanding shares were held by individuals – making it difficult for individuals to influence the company’s key decisions.

What Companies Does General Electric Own?

Some of the companies that fall under GE’s umbrella include the following list of brands:

1. Baker Hughes

Baker Hughes is a leading provider of energy technology and services, including oilfield equipment, artificial lift systems, digital solutions, and other products.

With operations in more than 120 countries globally, Baker Hughes helps customers reduce costs through improved efficiency in drilling and completion operations.

The company works closely with customers to develop integrated solutions that meet their needs while helping to optimize their upstream production processes.

2. GE Capital

GE Capital is a financial services unit of the General Electric Company, offering financing solutions for businesses across numerous industries.

It provides commercial loans, leases, mortgages, credit cards, and other forms of capital to companies in need.

GE Capital offers customers a range of products and services designed to help them manage risk while increasing their return on investment.

The company also has extensive experience in structuring complex transactions and providing tailored solutions to meet its customer’s specific needs.

3. GE Healthcare

GE Healthcare is a leading provider of healthcare technology and services, providing medical imaging, diagnostics, and monitoring solutions to hospitals and clinics around the world.

The company works with customers to develop innovative products that help improve patient care, reduce costs, and drive better outcomes.

GE Healthcare also provides digital health services to enable patients to access their own health records in real time, as well as smart technologies such as wearable devices and remote patient monitoring capabilities.

With its broad portfolio of healthcare solutions, GE Healthcare has enabled more efficient delivery of care worldwide.

4. GE Digital

GE Digital is the digital arm of General Electric, offering a range of software and services designed to help customers optimize their operations.

From data management and analytics to automation and industrial internet-of-things (IIoT) solutions, GE Digital provides products that enable customers to improve their productivity and efficiency.

The company’s software platform enables businesses to quickly develop applications tailored to their specific needs, while also helping them gain visibility into their operations.

By leveraging digital technologies such as predictive analytics and remote monitoring capabilities, GE Digital helps customers respond rapidly to changing market conditions and consumer demands.

5. GE Power

GE Power is a leading provider of power generation and energy storage solutions.

The company designs, develops, manufactures and services products to support customers’ power needs across the entire energy value chain.

GE Power provides reliable electricity through its turbines, generators, controls, and balance-of-plant solutions.

Additionally, it offers efficient conversion of fuel to electricity with its smart grid technologies, as well as integrated digital solutions for real-time analytics and advanced performance monitoring.

GE Power also helps customers reduce emissions through renewable energy options such as wind and solar power.

6. Monogram

Monogram is a lifestyle brand within the General Electric corporate structure.

Monogram provides innovative kitchen appliances that offer consumers cutting-edge technology, unparalleled performance, and superior craftsmanship.

Monogram products are designed to fit into any home’s aesthetic while offering the highest quality of performance.

From refrigerators to dishwashers, Monogram offers an array of products specifically tailored to consumer’s needs.

Monogram also works with renowned chefs to create recipes and tips for getting the most out of their products.

7. Café

Café is a General Electric-owned company that specializes in home appliances.

Café offers a variety of products including refrigerators, ovens, dishwashers, and cooktops.

All Café products are designed to provide superior performance while delivering exceptional value.

Café appliances are equipped with advanced technologies such as Wi-Fi connectivity for remote monitoring and control, touchscreen controls, and even built-in sous vide cooking capabilities.

Cafés’ unique design aesthetic allows consumers to add style and function to their kitchens through the use of tailored finishes and hardware selections.

8. GE Profile

GE Profile is a line of upgraded appliances from General Electric.

GE Profile appliances are designed to provide consumers with more sophisticated technology, advanced features, and superior performance.

They come equipped with modern LCD displays that allow for easy control over settings and other functions.

GE Profile also offers specialty products such as built-in coffee makers, all-refrigerator models, induction cooktops, and convection ovens.

All Profile appliances have been certified by the U.S Environmental Protection Agency’s ENERGY STAR program for their energy efficiency and sustainability.

9. Haier

Haier is a globally renowned manufacturer of home appliances and electronics that has been owned by General Electric since 2016.

Haier offers an array of products including refrigerators, dishwashers, washing machines, dryers, air conditioners, microwaves, and more.

All Haier products are designed to combine modern technology with elegant design elements so consumers can get the best out of their appliances.

With advanced features such as smart sensors for optimal performance and real-time energy monitoring capabilities, Haier’s products provide reliable solutions with a focus on efficiency.

10. Hotpoint 

Hotpoint is a brand that specializes in the manufacture of kitchen and laundry appliances.

It is owned by General Electric since 2014.

Hotpoint has been developing innovative home solutions for over 100 years, offering dependable products with advanced features such as self-cleaning ovens, delay start washers, and advanced touch controls.

Their products come in various finishes to match any kitchen décor and are designed to provide users with reliable performance and low energy consumption.

Hotpoint appliances are also ENERGY STAR certified for their energy efficiency which makes them a great investment for any home.

Each of these companies contributes to the overall success of GE and helps the conglomerate maintain its position as a global leader.

It’s no wonder why so many people are curious about the many companies that General Electric owns.

When Was General Electric Founded?

The company dates back all the way to the 1800s, specifically, it was founded in 1892.

Though the focus of the company has shifted and changed over the past century-plus, GE has remained a juggernaut in many fields.

General Electric, or GE for short, is one of the most recognizable names on the planet.

They’ve impacted society in countless ways from powering homes to producing light bulbs, televisions, and even major appliances.

With their long and storied history, it’s easy to see why General Electric remains a household name.

Who is the CEO of General Electric?

The person holding the top position at General Electric is Larry Culp.

As the CEO, he has a big responsibility to keep the company on top and moving forward.

Culp brings over 30 years of experience to the role and is known for his ability to turn businesses around.

With his leadership, General Electric is poised for a bright future.

What is General Electric’s Net Worth?

As of October 2023, General Electric’s net worth is estimated to be around $119 billion.

That’s an incredible feat for any company, let alone one that’s faced its fair share of challenges over the past few years.

Despite these hurdles, General Electric has remained a force to be reckoned with in the world of industry and innovation.

With its diverse portfolio of products and services, it’s no wonder that it continues to thrive financially.

Whether you’re an investor or simply someone with an interest in business, it’s hard not to be impressed by General Electric’s net worth.

General Electric is one of the most well-known companies in the world, having been in business for over a century.

Where is the Headquarters of General Electric?

General Electric has its headquarters located in Boston, Massachusetts, USA.

The iconic 12-story building of the company, with its sleek and modern design, stands out among the city’s skyline.

It serves as a hub for the company’s operations, which span across multiple industries such as healthcare, aviation, renewable energy, and more.

General Electric’s commitment to innovation and quality has helped it become a household name known for excellence and cutting-edge technology, making its headquarters a destination for visitors and a source of inspiration for its employees.

What is the Annual Revenue of General Electric?

General Electric’s annual revenue for the last 12 months ending June 2023 was approximately $72.05 billion.

This is a staggering amount, and although the company has faced significant challenges in recent years, it continues to maintain its position as a leading player in the industry.

General Electric’s revenue highlights its financial prowess and its ability to remain competitive in the market.

As the company continues to innovate and push boundaries in different industries, it’s clear that General Electric is a titan of industry.

How Many Employees Does General Electric Have?

As of 2023, GE owns well over 205,000 employees.

That’s an impressive number by any standard, but it’s not just the quantity of employees that is striking.

General Electric (GE) is one of the most renowned multinational companies in the world, operating across a range of industries, from aviation to healthcare.

Founded over a century ago, GE has grown into a massive conglomerate with a global presence. GE is known for its commitment to innovation, diversity, and sustainability.

Its workforce is made up of individuals from diverse backgrounds and cultures, all of whom bring unique perspectives and talents to the table.

As GE continues to evolve and expand, it’s clear that its workforce will be a key part of its success.

Final Thoughts

Overall, General Electric is one of the most iconic and successful companies in the world.

With its headquarters being based in Boston, Massachusetts, the company has been around since 1892.

With a current CEO, Larry Culp, leading the way forward for GE it continues to be a global leader in terms of innovation and providing services for its customers.

In conclusion, General Electric has had an impressive presence in our society for many decades now and shows no signs of slowing down anytime soon!

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