Key moments in the history of General Electric

AP News
|
Posted: Jan 13, 2016 5:37 PM

Industrial conglomerate General Electric Co. traces its roots to 1878, when inventor Thomas Edison formed the Edison Electric Light Co. in New York City after having opened his famous laboratory in Menlo Park, New Jersey. The next year, Edison invented the first successful incandescent electric lamp.

Today, GE is now a "$130 billion high-tech global industrial company, one that is leading the digital transformation of industry," said Jeff Immelt, GE's chairman and chief executive officer, as the company announced Wednesday that it is moving its headquarters to Boston from Fairfield, Connecticut.

Here is a look at key moments in GE's history:

1892 — General Electric Co. is incorporated in New York City when Edison's umbrella company for his businesses, Edison General Electric Co., merges with a competing company, the Thomson-Houston Co. of Lynn, Massachusetts. The new company is headquartered in Schenectady, New York.

1900 — The trademark GE logo is registered.

1902 — GE receives patents for the electric fan, the latest company invention.

1905 — GE forms The Electric Bond and Share Co. to provide financing to small utilities, a move that delves the company into commercial finance.

1910 — GE manufactures the first electric range, the Hotpoint.

1912 — GE improves vacuum tube design, paving the way for modern electronics and radio.

1917 — The company begins production of the first hermetically sealed home refrigerators.

1922 — One of the first radio stations in the country, GE's WGY in Schenectady, New York, starts regularly scheduled broadcasting with GE's 1,500-watt transmitter.

1927 — The first television reception occurs at a Schenectady home, with a signal from GE's WGY.

1935 — The first Major League Baseball game played at night is illuminated by GE lamps at Crosley Field in Cincinnati, Ohio. The Reds beat the Philadelphia Phillies 2-1.

1938 — GE invents the fluorescent lamp.

1942 — GE builds the United States' first jet engine, the I-A.

1957 — The company opens the world's first licensed nuclear power plant in Vallecitos, California.

1969 — The first time man walks on the moon, boots made from GE silicone rubber are worn by Neil Armstrong.

1974 — GE moves its headquarters to Fairfield, Connecticut, from New York City.

1981 — Jack Welch becomes CEO of GE.

1986 — GE acquires NBC in its purchase of RCA.

2001 — Jeff Immelt replaces Welch as CEO.

2016 — GE announces it is moving its headquarters to Boston from Fairfield, Connecticut.

___

Source: General Electric Co.