GE Industrial [SEP] parent company
GE Industrial
GE Industrial was a division of General Electric. It provided a broad range of products and services throughout the world, including appliances, lighting and industrial products; factory automation systems; plastics, silicones and quartz products; security and sensors technology, and equipment financing, management and operating services.
Key financial figures for GE Industrial:
2007 Revenue: $17.7 billion
2007 Profit: 9% (%vol)
Number of Employees: ~70,000
Sub Businesses.
After some major realignments in late
of the 9FB unit would impact the new 9HA units.
Forced by a wave of very negative financial results, the company went through a series of disinvestments and reorganization in 2017.
In May 2017, GE Oil & Gas was combined with Baker Hughes Incorporated to create Baker Hughes, a GE company (BHGE), a new tier-1 business inside the parent group.
In June 2017, GE Energy Connections merged again with GE Power & Water, to become the present GE Power. The new combined business unit is