Honor GE's 125th Anniversary

Senate Resolution No. 3016 BY: Senator TEDISCO COMMENDING General Electric upon the occasion of celebrating its 125th Anniversary WHEREAS, It is the custom of this Legislative Body to honor those businesses within the State of New York which distinguish themselves through outstanding professional behavior and enduring commitment to the community; and WHEREAS, Attendant to such concern, and in full accord with its long-standing traditions, this Legislative Body is justly proud to commend General Electric upon the occasion of celebrating its 125th Anniversary; and WHEREAS, General Electric was formed through the 1892 merger of Edison General Electric Company of Schenectady, New York, and Thomson-Houston Electric Company of Lynn, Massachusetts; and WHEREAS, In 1896, General Electric was one of the original 12 companies listed on the Dow Jones Industrial Average; it is the only original company still listed on the Dow index; and WHEREAS, Since its inception, General Electric has been inventing and manufacturing the things that power the world, move the world and heal the world; and WHEREAS, General Electric employs more than 8,000 New Yorkers and has an annual economic impact of more than four billion dollars in the Capital Region; and WHEREAS, Furthermore, General Electric has an annual economic impact of more than one billion dollars in Schenectady County; and WHEREAS, General Electric and its employees gives tirelessly of their time, energy and support to numerous charitable organizations throughout the Capital Region; and WHEREAS, General Electric has sponsored many assistance programs to help local children excel in areas of education such as STEM related programs and activities, Junior Achievement, Science Bowl, Girls Inc., mentoring programs and internships with local community colleges; and WHEREAS, General Electric invested significant funds for the "Brilliant Career Mobile Technology Lab" for the Schenectady School District in 2017; and WHEREAS, It is with great pleasure that this Legislative Body acknowledges General Electric's success, recognizes its contributions to the local and State economies, and extends its highest commendation to the corporation and its employees, fully confident that, in its future, it will enjoy the same success which has so characterized its past; now, therefore, be it RESOLVED, That this Legislative Body pause in its deliberations to commend General Electric upon the occasion of celebrating its 125th Anniversary; and be it further RESOLVED, That a copy of this Resolution, suitably engrossed, be transmitted to General Electric.