General Electric is among the largest jobsites in Houston where asbestos exposure occurred. Workers exposed to asbestos may face serious health consequences, including mesothelioma, a cancer of the lining of the lungs for which asbestos exposure is the only known cause.
The General Electric Company (GE) has been in operation since 1892. Its headquarters are in Fairfield, Connecticut, and it is engaged in the businesses of energy, consumer products, aviation, healthcare and finance.
General Electric was created through a merger of Thomas-Houston Electric Company and Edison General Electric. Thomas Edison originally sat on the board of directors. Financial backing from J.P. Morgan and the company’s research-based focus led to early success.
As a foray into radio broadcasting, GE formed the Radio Corporation of America (RCA), along with Westinghouse and American Telephone and Telegraph in the 1920s. However, GE divested its RCA holdings in 1930 because of an anti-trust ruling against the company.
As one of the world’s largest companies, GE had $25 billion in revenues by the 1980s. Jack Welch, named as CEO in 1981, decentralized GE’s operations, got rid of under-performing divisions, such as housewares, air conditioning and semi-conductors, and steered the company into the acquisitions of CGR medical equipment and supplies, Kidder-Peabody, Employers Reinsurance and NBC. GE sold 51 percent of its interest in NBC to Comcast in 2011.
The company has several facilities in Houston. A GE thermal repairs and industrial repairs facility in Houston was closed in January 2014, according to an article in the Houston Business Journal.
General Electric used asbestos in many products it manufactured, including steam turbines, appliances, consumer electronics, and plastic molding compounds for electrical boxes. Its power plants used cables, furnaces, wires and insulation containing asbestos.
GE consumer appliance assemblers, power plant workers, electricians and engine assemblers, among other occupations, may have been exposed to materials containing asbestos. Installation and demolition workers may also have been exposed because of potential contact with wiring and insulation sheathed in asbestos.
If you or your loved one has been the victim of asbestos exposure from work at GE, you may have a claim for substantial compensation. The experienced attorneys at Kraft & Associates, P.C. can advise you about your legal rights.
Our firm is established, and our lawyers and staff are friendly and easy to talk to. Contact us today for a free case consultation. We can advise you about your legal options and the potential damages you may be entitled to recover.