General Electric Co. (GE) made room air conditioners and heat pumps. Boston, Mass..-based GE is a publicly held company and trades under the New York Stock Exchange symbol (NYSE:GE). In 2017, the company saw revenue of approximately $122 billion USD, down 1% from the previous year.
Thomas Edison established the Electric Light Co. in 1878. In 1892, Electric Light Co. and Thomson-Houston Electric Co. merged and created General Electric Co. General Electric Co. manufactured its first electric cooling system — the electric fan — in the early 1900s.
While the company at one point produced central air conditioners, GE sold its central air conditioning division to Trane in 1982.
In its 2011 Annual Report, GE announced its decision to return the bulk of manufacture of its appliances to the United States from Mexico and China, accompanied by a $1 billion investment in U.S. facilities.
In 2016, GE sold its appliance division to Haier. The sale to the Chinese-based company was for $5.6 billion. Haier recorded revenue of approximately $11.5 billion USD in 2017.
Today, GE still makes high and low-efficiency room air conditioners. Built-in, wall-mounted room air conditioners, and units for residential and commercial applications.
The company’s Energy Star-qualified window and wall units feature high-efficiency compressors, fan motors and heat transfer surfaces. An “Energy Saver” feature shuts down both compressor and fan once a room has reached the desired cool temperature.
Zoneline commercial air conditioners incorporate either heat pumps or electric heat sources, and come in a range of efficiencies.
GE also makes the GeoSpring hybrid water heater, which has a 50-gallon capacity and is up to 67% more efficient than a standard electric water heater.
GE appliances generally come with a limited 1-year parts and labor warranty. The GeoSpring water heater comes with a 10-year limited warranty. Extended warranties are available for some products.