New Wisdom Investment Limited
GE Mining Engineering Manager Visits WISDOM in Preparation of Strategic Partnership
(08 Dec, 2016)
GE Engineering manager Steve Clifton of General Electric Australia visited New Wisdom investment limited (Wisdom) on December 6th, 2016 to meet with CEO Tom, Marketing director Jenny, and sales associate Mars to discuss future cooperation between the two companies. Topics of the meetings were strategic planning between the two companies, and detailing Wisdoms brand culture and product concept. Steve was given a warm welcome and all parties are confident about the opportunity to work together in the near future.
General Electric (GE) is an American multinational conglomerate corporation incorporated in New York, and headquartered in Boston, Massachusetts. Its main offices are located at 30 Rockefeller Plaza at Rockefeller Center in New York City, known now as the Comcast Building. As of 2016, the company operates through the following segments: Power & Water, Oil and Gas, Aviation, Healthcare, Transportation and Capital which cater to the needs of Financial services, Medical devices, Life Sciences, Pharmaceutical, Automotive, Software Development and Engineering industries.
The company describes itself as composed of a number of primary business units or "businesses." Each unit is itself a vast enterprise, many of which would, even as a standalone company, rank in the Fortune 500. The list of GE businesses varies over time as the result of acquisitions, divestitures and reorganizations.
General Electric is a large industrial company controlled by the Morgan consortium. It has been operating for decades, earning huge profits, strong assets, and huge size. In 1976 and 1977, it was the ninth largest company in the United States. According to the May 8, 1978 US magazine "happiness" statistics, the General Electric total assets of 13.696 billion US dollars in 1977, total sales was 17.515 billion US dollars, this year’s net profit of 1.088 billion US dollars ranked at the fifth place in the United States Large companies, the total number of employees was 38.4 million. The company began building new plants in 1956 to manufacture missiles and provide nuclear weapons to foreign countries, such as atomic energy, atomic fuel and naval torpedoes in Japan. Cooperated with France to develop turboprops and engines that could be equipped with torpedo submarines or launch vehicles in 1976. Got a total of $1 billion 420 million U.S. military order, ranking second in the major companies in 1973.