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General Electric is bringing its focus on energy to Oklahoma

General Electric is highlighting its commitment to its oil and natural gas business by establishing a global energy research center in Oklahoma City.

BY JAY F. MARKS Modified: April 13, 2013 at 1:28 am •  Published: April 14, 2013
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Those in the know in Oklahoma’s energy sector have long been familiar with General Electric’s role in the industry.

Oklahoma Energy Secretary Mike Ming worked with GE while he was president of Research Partnership to Secure Energy for America, his last job before becoming Gov. Mary Fallin’s top energy advisory.

“They’re a global...

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ABOUT GENERAL ELECTRIC CO.

•GE is ranked as the world’s third-largest company (trailing ExxonMobil and JPMorgan Chase), and world’s largest conglomerate by Forbes.

2012 figures: Revenue of $147 billion, profits of $13.6 billion and assets of $685 billion.

Current market value: $244 billion

Employees: 305,000, including 134,000 in the United States

Business segments: Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation, Home & Business Solutions and GE Capital

Products and services: Include diesel-electric locomotives, aircraft engines, power generation turbines, water processing, household appliances, medical imaging devices, as well as business and consumer financing and industrial products

SOURCE: GE regulatory filings and Forbes

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