About Business
General Electric is a multinational company established on 15 April 1892 by Charles A. Coffin, Thomas Edison, Henry L. Higginson, and J. P. Morgan. The company?s services include aerospace, finance, healthcare and energy. In 1925, GE launched the first hermetically sealed refrigerator and its first automatic washing machine on the market in 1947. The GE Education Fund was renamed in 1952. The purpose of this foundation was to support their employees to participate in philanthropic activities.? In 1955, GE produced gas turbine electric locomotives for the Union Pacific Railroad. With a capacity of 8,500 horsepower, these are the most powerful electric locomotives to date. GE didn?t stop there; GE HealthCare created the first CT (computed tomography) scanner to contribute to healthcare.?