Rank: 22 (Previous rank: 16)
CEO: Jeffrey R. Immelt
Address: 3135 Easton Turnpike
Fairfield, Connecticut 6828
During Jeff Immeltís 10th year as CEO, General Electric saw its net income climb 22% to $14 billion despite a slight dip in revenue. The company invested $1 billion in the appliance business with new products expected to roll out over the next two years and plans to move most of the appliance product manufacturing back to the U.S. from China and Mexico. The company also reported a record backlog of orders -- $200 billion -- which Immelt said will help GE eventually reach its goal of growing industrial earnings by 10%. -- J.P.M.
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|Company||2011 Number of Employees|
|China National Petroleum||1,668,072|