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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 | $695,810,469 | 389 |
| Federal (grants and allocated tax credits) | $2,137,798,988 | 1,218 |
| TOTAL | $2,833,609,457 | 1,607 |
| 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) | $29,683,311,253 | 319 |
| TOTAL | $29,700,311,253 | 322 |
Time Period for State and Local Awards: Earliest year of data: 1992. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2011.
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.
For more details on misconduct by this company, see its entry in the Project On Government Oversight's
Federal Contractor Misconduct Database.
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
| Ohio | $245,435,787 | 21 |
| Massachusetts | $148,150,000 | 2 |
| Michigan | $90,039,000 | 13 |
| North Carolina | $59,564,864 | 41 |
| New York | $43,817,012 | 78 |
| All other | $108,803,806 | 234 |
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  . |
| GECAS ASSET MANAGEMENT SERVICES INC | Tennessee | local | 2010 | $2,920 | | property tax abatement |
| Dresser, Inc. | Louisiana | state | 2013 | $52,340 | | property tax abatement |
| GE Energy Oilfield Technology | Louisiana | state | 2013 | $15,446 | | property tax abatement |
| General Electric Company | Louisiana | state | 2013 | $392,507 | | property tax abatement |
| GENERAL ELECTRIC COMPANY | Maine | state | 2014 | $696,388 | | property tax abatement |
| GE CAPITAL MANAGEMENT SERVICES CORP | Maine | state | 2014 | $44,845 | | property tax abatement |
| GENERAL ELECTRIC CREDIT CORP OF TN | Maine | state | 2014 | $8,280 | | property tax abatement |
| GENERAL ELECTRIC INTERNATIONAL, INC | Maine | state | 2014 | $1,503 | | property tax abatement |
| GE CAPITAL COMMERCIAL INC | Maine | state | 2014 | $1,130 | | property tax abatement |
| Dresser, Inc. | Louisiana | local | 2014 | $184,536 | | property tax abatement |
| GE Energy Oilfield Technology | Louisiana | local | 2014 | $53,927 | | property tax abatement |
| General Electric Company | Louisiana | local | 2014 | $366,634 | | property tax abatement |
| General Electric Company | Tennessee | local | 2014 | undisclosed | | property tax abatement |
| General Electric Company | Tennessee | local | 2014 | undisclosed | | property tax abatement |
| Alstom Power, Inc. & Alstom Power Turbo | Tennessee | local | 2014 | undisclosed | | property tax abatement |
| Alstom Power, Inc. & Alstom Power Turbo | Tennessee | local | 2014 | undisclosed | | property tax abatement |
| Alstom Power, Inc. & Alstom Power Turbo | Tennessee | local | 2014 | undisclosed | | property tax abatement |
| GE CAPITAL MANAGEMENT SERVICES CORP | Maine | state | 2015 | $40,137 | | property tax abatement |
| GENERAL ELECTRIC CREDIT CORP OF TN | Maine | state | 2015 | $7,237 | | property tax abatement |
| GENERAL ELECTRIC INTERNATIONAL, INC | Maine | state | 2015 | $1,101 | | property tax abatement |
| GENERAL ELECTRIC COMPANY | Maine | state | 2015 | $423,011 | | property tax abatement |
| GE CAPITAL COMMERCIAL INC F/K/A CITICORP LEASING INC | Maine | state | 2015 | $5,465 | | property tax abatement |
| General Electric Company | Louisiana | state | 2016 | $201,744 | | property tax abatement |
| GE EQUIPMENT MIDTICKET LLC SER 2012 | Maine | state | 2016 | $1,745 | | property tax abatement |
| GE CAPITAL MANAGEMENT SERVICES CORP | Maine | state | 2016 | $47,752 | | property tax abatement |
| GENERAL ELECTRIC CREDIT CORP OF TN | Maine | state | 2016 | $8,116 | | property tax abatement |
| GE CAPITAL COMMERCIAL INC | Maine | state | 2016 | $10,665 | | property tax abatement |
| GENERAL ELECTRIC INTERNATIONAL, INC | Maine | state | 2016 | $1,380 | | property tax abatement |
| GENERAL ELECTRIC COMPANY | Maine | state | 2016 | $385,775 | | property tax abatement |
| General Electric Company | Tennessee | local | 2016 | undisclosed | | property tax abatement |
| General Electric Company | Tennessee | local | 2016 | undisclosed | | property tax abatement |
| GE EQUIP MIDTICKET LLC 2013 1 | Maine | state | 2017 | $1,056 | | property tax abatement |
| GENERAL ELECTRIC INTERNATIONAL, INC | Maine | state | 2017 | $1,101 | | property tax abatement |
| GE EQUIPMENT MIDTICKET LLC SER 2012 | Maine | state | 2017 | $2,099 | | property tax abatement |
| GENERAL ELECTRIC CREDIT CORP OF TN | Maine | state | 2017 | $3,121 | | property tax abatement |
| GE CAPITAL COMMERCIAL INC | Maine | state | 2017 | $12,469 | | property tax abatement |
| GENERAL ELECTRIC COMPANY | Maine | state | 2017 | $370,653 | | property tax abatement |
| GENERAL ELECTRIC COMPANY | Maine | state | 2018 | $160,054 | | property tax abatement |
| GENERAL ELECTRIC COMPANY | Maine | state | 2019 | $160,054 | | property tax abatement |
| ALSTOM POWER INC - #1 | Tennessee | local | 2010 | $1,232,079 | | property tax abatement |
| ALSTOM POWER INC - #2 | Tennessee | local | 2011 | $335,101 | | property tax abatement |
| ALSTOM POWER INC - #3 | Tennessee | local | 2012 | $565,827 | | property tax abatement |
| General Electric | Michigan | state | 2009 | $76,200,000 | | MEGADEAL  |
| General Electric | Ohio | multiple | 2009 | $121,000,000 | | MEGADEAL |
| General Electric | Ohio | multiple | 2014 | $98,000,000 | | MEGADEAL |
| General Electric | Massachusetts | multiple | 2016 | $145,000,000 | | MEGADEAL |
| UNISON INDUSTRIES LLC | Ohio | state | 2009 | | $5,000,000 | loan or bond financing |
| General Electric | Mississippi | state | 2012 | | $7,000,000 | loan or bond financing |
| UNISON INDUSTRIES LLC | Ohio | state | 2009 | | $5,000,000 | loan or bond financing |
| Alstom Power Inc. | Connecticut | state | 2011 | $3,000,000 | | grant/loan hybrid program |
| GENERAL ELECTRIC CO | Ohio | state | 2016 | $750,000 | | grant/loan hybrid program |
| GE Aviation | Delaware | state | 2013 | $1,114,833 | | grant/loan hybrid program |
| General Electric Company | North Carolina | state | 2003 | $7,533,327 | | grant |
| General Electric Company | North Carolina | state | 2005 | $4,124,000 | | grant |
| GE-Hitachi Nuclear Energy Americas LLC | North Carolina | state | 2008 | $34,277,000 | | grant |
| Smiths Aerospace | North Carolina | state | | $2,384,000 | | grant |
| General Electric Company d/b/a GE Transportation | Pennsylvania | state | | $1,000,000 | | grant |
| GE Power Systems | Florida | state | 2000 | $666,951 | | grant |
| GENERAL ELECTRIC COMPANY | New York | state | 2009 | $5,000,000 | | grant |
| General Electric Company | Pennsylvania | state | | $350,000 | | grant |
| GE Aviation | Mississippi | state | 2010 | $8,461,500 | | grant |
| GENERAL ELECTRIC CO | Ohio | state | 2010 | $1,000,000 | | grant |
| GENERAL ELECTRIC | Ohio | state | 2008 | $100,000 | | grant |
| GENERAL ELECTRIC CO | Ohio | state | 2008 | $75,000 | | grant |
| GENERAL ELECTRIC COMPANY | Ohio | state | 2009 | $15,000 | | grant |
| GENERAL ELECTRIC CO | Ohio | state | 2012 | $250,000 | | grant |
| GENERAL ELECTRIC CO | Ohio | state | 2013 | $5,898 | | grant |
| GENERAL ELECTRIC CO | Ohio | state | 2008 | $750,000 | | grant |
| GENERAL ELECTRIC COMPANY | Ohio | state | 2009 | $79,000 | | grant |
| GENERAL ELECTRIC CO | Ohio | state | 2010 | $62,388 | | grant |
| GENERAL ELECTRIC COMPANY | Ohio | state | 2010 | $5,000 | | grant |
| GENERAL ELECTRIC CO | Ohio | state | 2011 | $172,750 | | grant |
| GENERAL ELECTRIC CO | Ohio | state | 2011 | $207,000 | | grant |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $48,125 | | grant |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $71,462 | | grant |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $73,801 | | grant |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $78,369 | | grant |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $82,083 | | grant |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $94,297 | | grant |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $98,051 | | grant |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $99,518 | | grant |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $116,016 | | grant |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $125,580 | | grant |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2007 | $46,658 | | grant |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2007 | $63,382 | | grant |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2007 | $68,543 | | grant |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2007 | $94,183 | | grant |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2008 | $71,498 | | grant |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2008 | $88,741 | | grant |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2008 | $89,989 | | grant |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2009 | $86,590 | | grant |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2009 | $115,231 | | grant |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2011 | $2,066 | | grant |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2011 | $3,833 | | grant |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2011 | $12,404 | | grant |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2011 | $13,309 | | grant |
| GE Gas Turbines (Greenville), LLC (Same Project) | South Carolina | state | 2014 | $750,000 | | grant |
| GENERAL ELECTRIC CO | Ohio | state | 2014 | $250,000 | | grant |
| General Electric (Aviation Division) | North Carolina | state | 2013 | $3,571,500 | | grant |
| General Electric | North Carolina | state | 2008 | $300,000 | | grant |
| General Electric Co | Iowa | state | 2010 | $2,000,000 | | grant |
