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Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: General Electric
Ownership Structure: publicly traded (ticker symbol NYSE: GE)
Headquartered in: Massachusetts
Major Industry: diversified
Specific Industry: diversified
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $662,133,380 | 342 |
Federal (grants and allocated tax credits) | $988,327,326 | 223 |
TOTAL | $1,650,460,706 | 565 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $17,000,000 | 3 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $29,649,881,614 | 319 |
TOTAL | $29,666,881,614 | 322 |
Time Period for Federal Awards: FY2000 to the present
Notes: The dollar total above adjusts for the fact that there is an overlap between the amount in the Megadeal entry and that of one or more of the other entries. Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
Ohio | $245,429,889 | 20 |
Massachusetts | $145,000,000 | 1 |
Michigan | $90,039,000 | 13 |
North Carolina | $59,591,633 | 45 |
Maine | $20,524,420 | 42 |
All other | $101,548,438 | 221 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
General Electric Company | United States | federal | 2011 | $1,390,388 | | federal grant |
General Electric Company | United States | federal | 2019 | $1,377,373 | | federal grant |
General Electric Company | United States | federal | 2006 | $1,369,495 | | federal grant |
General Electric Company | Pennsylvania | state | 2009 | $1,363,045 | | tax credit/rebate |
General Electric Company | United States | federal | 2011 | $1,355,466 | | federal grant |
General Electric Company | United States | federal | 2008 | $1,336,473 | | federal grant |
General Electric Company | United States | federal | 2007 | $1,335,000 | | federal grant |
General Electric Company | United States | federal | 2008 | $1,333,078 | | federal grant |
General Electric Company | United States | federal | 2023 | $1,301,450 | | federal grant |
General Electric Company | United States | federal | 2022 | $1,291,762 | | federal grant |
General Electric Company | United States | federal | 2012 | $1,279,959 | | federal grant |
General Electric Company | United States | federal | 2021 | $1,246,325 | | federal grant |
General Electric Company | United States | federal | 2009 | $1,235,183 | | federal grant |
Ge Steam Power Inc | United States | federal | 2004 | $1,225,868 | | federal grant |
Everest VIT, Inc. | New York | state | 2005 | $1,215,000 | | enterprise zone |
Ge Steam Power Inc | United States | federal | 2007 | $1,200,000 | | federal grant |
General Electric Company | United States | federal | 2014 | $1,199,620 | | federal grant |
General Electric Company | United States | federal | 2008 | $1,183,769 | | federal grant |
General Electric Company | United States | federal | 2016 | $1,177,064 | | federal grant |
General Electric Company | North Carolina | state | 2016 | $1,151,281 | | tax credit/rebate |
General Electric Company | United States | federal | 2007 | $1,149,851 | | federal grant |
Ge Steam Power Inc | United States | federal | 2007 | $1,143,464 | | federal grant |
GE Aviation | Delaware | state | 2013 | $1,114,833 | | grant/loan hybrid program |
General Electric Company | United States | federal | 2015 | $1,099,941 | | federal grant |
General Electric Company d/b/a GE Transportation | Pennsylvania | state | | $1,000,000 | | grant |
GENERAL ELECTRIC CO | Ohio | state | 2010 | $1,000,000 | | grant |
General Electric Company | United States | federal | 2020 | $1,000,000 | | federal grant |
General Electric Company | United States | federal | 2020 | $999,763 | | federal grant |
General Electric Company | United States | federal | 2019 | $999,516 | | federal grant |
General Electric Company | United States | federal | 2013 | $998,986 | | federal grant |
General Electric Company | United States | federal | 2020 | $991,366 | | federal grant |
General Electric Company | United States | federal | 2019 | $981,874 | | federal grant |
GENERAL ELECTRIC COMPANY | Maine | state | 2009 | $980,789 | | property tax abatement |
General Electric Company | United States | federal | 2019 | $980,545 | | federal grant |
General Electric Company | United States | federal | 2022 | $968,825 | | federal grant |
General Electric Company | United States | federal | 2014 | $962,606 | | federal grant |
General Electric Company | United States | federal | 2000 | $941,060 | | federal grant |
General Electric Company | United States | federal | 2012 | $934,749 | | federal grant |
General Electric Company | Iowa | state | 2015 | $930,000 | | grant |
General Electric Aviation | United States | federal | 2012 | $929,423 | | federal grant |
General Electric Company | United States | federal | 2011 | $898,366 | | federal grant |
General Electric Global Research Center | New York | local | 2003 | $880,513 | | tax credit/rebate; property tax abatement |
General Electric Company | United States | federal | 2022 | $873,999 | | federal grant |
B J Services Company, U.S.A. | Kentucky | state | 2006 | $850,000 | | tax credit/rebate |
General Electric Company | United States | federal | 2008 | $820,035 | | federal grant |
General Electric Company | United States | federal | 2012 | $816,230 | | federal grant |
General Electric Company | Michigan | state | 2010 | $810,000 | | tax credit/rebate |
GE Generators (Pensacola), LLC | Florida | state | 2000 | $804,000 | | tax credit/rebate |
GE Clinical Services | Florida | state | 2001 | $800,000 | | tax credit/rebate |
GE Aviation Muskegon | Michigan | state | 2016 | $800,000 | | tax credit/rebate |
General Electric Company | United States | federal | 2020 | $799,981 | | federal grant |
GENERAL ELECTRIC COMPANY | Maine | state | 2010 | $795,099 | | property tax abatement |
GENERAL ELECTRIC CO | Ohio | state | 2008 | $750,000 | | grant |
GE Gas Turbines (Greenville), LLC (Same Project) | South Carolina | state | 2014 | $750,000 | | grant |
GENERAL ELECTRIC CO | Ohio | state | 2016 | $750,000 | | grant/loan hybrid program |
GENERAL ELECTRIC CO | Ohio | state | 2016 | $750,000 | | grant |
General Electric Company | United States | federal | 2015 | $749,999 | | federal grant |
General Electric Company | United States | federal | 2017 | $749,990 | | federal grant |
GE R&D General Electric Global Reaserch Center | New York | local | 2005 | $743,784 | | tax credit/rebate; property tax abatement |
General Electric Company | United States | federal | 2019 | $738,753 | | federal grant |
General Electric Company | United States | federal | 2015 | $738,087 | | federal grant |
General Electric Company | United States | federal | 2019 | $732,419 | | federal grant |
General Electric Company | United States | federal | 2006 | $722,303 | | federal grant |
Ge Steam Power Inc | United States | federal | 2008 | $702,315 | | federal grant |
Ge Steam Power Inc | United States | federal | 2015 | $696,415 | | federal grant |
GENERAL ELECTRIC COMPANY | Maine | state | 2014 | $696,388 | | property tax abatement |
General Electric Company | United States | federal | 2013 | $689,909 | | federal grant |
General Electric Company | United States | federal | 2003 | $682,579 | | federal grant |
General Electric Company | United States | federal | 2005 | $681,426 | | federal grant |
GENERAL ELECTRIC COMPANY | Maine | state | 2011 | $669,614 | | property tax abatement |
GE Power Systems | Florida | state | 2000 | $666,951 | | grant |
General Electric Company | United States | federal | 2008 | $666,602 | | federal grant |
GENERAL ELECTRIC COMPANY | Maine | state | 2012 | $662,786 | | property tax abatement |
General Electric Company | United States | federal | 2014 | $650,005 | | federal grant |
General Electric Company | Rhode Island | state | 2016 | $650,000 | | grant |
General Electric Company | United States | federal | 2009 | $647,769 | | federal grant |
General Electric Company | United States | federal | 2021 | $644,089 | | federal grant |
GENERAL ELECTRIC | Oklahoma | state | 2018 | $635,241 | | tax credit/rebate |
General Electric Company | United States | federal | 2015 | $625,000 | | federal grant |
General Electric Company | North Carolina | local | 2013 | $615,000 | | grant |
GE-Harris Railway Electronics, LLC | Florida | state | 1998 | $600,000 | | tax credit/rebate |
General Electric Company | United States | federal | 2010 | $600,000 | | federal grant |
General Electric Company | United States | federal | 2005 | $595,395 | | federal grant |
General Electric Company | United States | federal | 2015 | $595,205 | | federal grant |
General Electric Company | United States | federal | 2008 | $589,454 | | federal grant |
General Electric Company | North Carolina | local | 2013 | $585,000 | | grant |
General Electric Company | Michigan | state | 2010 | $580,000 | | tax credit/rebate |
Hydril Company | Louisiana | state | 2008 | $577,930 | | property tax abatement |
General Electric Company | North Carolina | state | 2013 | $573,691 | | tax credit/rebate |
General Electric Company | United States | federal | 2018 | $570,838 | | federal grant |
Ge-Hitachi Nuclear Energy Americas LLC | United States | federal | 2013 | $567,593 | | federal grant |
General Electric Company | Pennsylvania | state | 2014 | $557,873 | | tax credit/rebate |
General Electric Company | United States | federal | 2015 | $548,352 | | federal grant |
General Electric Company | United States | federal | 2016 | $545,290 | | federal grant |
Ge Steam Power Inc | United States | federal | 2007 | $501,494 | | federal grant |
General Electric Company | United States | federal | 2005 | $501,164 | | federal grant |
GE ENGINE SERVICES (GE TRANSPORTATION) | Missouri | state | 2009 | $500,000 | | training reimbursement |
General Electric Company d/b/a GE Transportation | Pennsylvania | state | | $500,000 | | training reimbursement |
General Electric | Florida | local | 2015 | $500,000 | | grant |
General Electric Company | South Carolina | state | 2017 | $500,000 | | grant |
General Electric Company | United States | federal | 2018 | $499,989 | | federal grant |