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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 |
GE AVIATION SYSTEMS LLC | Washington | state | 2005 | undisclosed | | tax credit/rebate |
GE AVIATION SYSTEMS LLC | Washington | state | 2006 | undisclosed | | tax credit/rebate |
GE AVIATION SYSTEMS LLC | Washington | state | 2007 | undisclosed | | tax credit/rebate |
GE AVIATION SYSTEMS LLC | Washington | state | 2008 | undisclosed | | tax credit/rebate |
GE AVIATION SYSTEMS LLC | Washington | state | 2009 | undisclosed | | tax credit/rebate |
GE AVIATION SYSTEMS LLC | Washington | state | 2010 | undisclosed | | tax credit/rebate |
GE AVIATION SYSTEMS LLC | Washington | state | 2011 | undisclosed | | tax credit/rebate |
GE AVIATION SYSTEMS LLC | Washington | state | 2012 | undisclosed | | tax credit/rebate |
GE AVIATION SYSTEMS LLC | Washington | state | 2013 | undisclosed | | tax credit/rebate |
GE Aviation Services | Kansas | state | 2011 | $351,383 | | training reimbursement |
GE AVIATION RUTLAND FACILITY | Vermont | state | 2014 | $100,000 | | training reimbursement |
GE Aviation Muskegon | Michigan | state | 2016 | $800,000 | | tax credit/rebate |
GE Aviation -South Delta | Mississippi | state | 2012 | $100,000 | | training reimbursement |
GE Aviation (West Jefferson) (project 3) | North Carolina | state | 2022 | $82,756 | | training reimbursement |
GE Aviation (West Jefferson) (project 3) | North Carolina | state | 2023 | $212,718 | | training reimbursement |
GE Aviation (Asheville) (project 4) | North Carolina | state | 2022 | $67,957 | | training reimbursement |
GE Aviation (Asheville) (project 4) | North Carolina | state | 2023 | $169,593 | | training reimbursement |
GE Aviation (Asheville) (project 3) | North Carolina | state | 2022 | $140,240 | | training reimbursement |
GE Aviation | Mississippi | state | 2010 | $8,461,500 | | grant |
GE Aviation | Mississippi | state | 2010 | undisclosed | | tax credit/rebate |
GE Aviation | Mississippi | state | 2012 | $75,000 | | training reimbursement |
GE AVIATION | South Carolina | state | 2009 | $4,682 | | training reimbursement |
GE Aviation | Washington | state | 2012 | $24,900 | | training reimbursement |
GE Aviation | Mississippi | state | 2015 | $175,000 | | training reimbursement |
GE Aviation | Delaware | state | 2013 | $1,114,833 | | grant/loan hybrid program |
GE | Oklahoma | state | 2013 | $3,000,000 | | grant |
G E Energy & Environmental Research Corporation | United States | federal | 2007 | $124,000 | | federal grant |
Everest VIT, Inc. | New York | state | 2004 | $59,000 | | enterprise zone |
Everest VIT, Inc. | New York | state | 2005 | $1,215,000 | | enterprise zone |
Everest VIT, Inc. | New York | state | 2002 | $94,556 | | enterprise zone |
Everest VIT, Inc. | New York | state | 2003 | $35,345 | | enterprise zone |
ECOLOCHEM, INC. | Missouri | state | 2001 | $61,514 | | tax credit/rebate |
Ecolochem, Inc. | Texas | local | 2000 | undisclosed | | tax credit/rebate |
Ecolochem Inc | Texas | state | 2001 | undisclosed | | property tax abatement |
Ecolochem Inc | Texas | state | 2002 | undisclosed | | property tax abatement |
Ecolochem Inc | Texas | state | 2003 | undisclosed | | property tax abatement |
Ecolochem Inc | Texas | state | 2004 | undisclosed | | property tax abatement |
Ecolochem Inc | Texas | state | 2005 | undisclosed | | property tax abatement |
Dresser, LLC | United States | federal | 2001 | $3,925,769 | | federal grant |
Dresser, LLC | United States | federal | 2001 | $10,629,120 | | federal grant |
Dresser, LLC | United States | federal | 2010 | $2,540,333 | | federal grant |
Dresser, Inc. | Louisiana | state | 2012 | $69,208 | | property tax abatement |
Dresser, Inc. | Louisiana | state | 2013 | $52,340 | | property tax abatement |
Dresser, Inc. | United States | federal | 2008 | | $630,000 | federal loan or loan guarantee |
Dresser, Inc. | United States | federal | 2010 | | $630,000 | federal loan or loan guarantee |
Dresser, Inc. | Louisiana | local | 2014 | $184,536 | | property tax abatement |
Datex-Ohmeda, Inc. | Maryland | state | 2021 | $2,767 | | tax credit/rebate |
Datex-ohmeda Inc | United States | federal | 2012 | | $1,080,000 | federal loan or loan guarantee |
Datex-ohmeda Inc | United States | federal | 2011 | | $492,388 | federal loan or loan guarantee |
BJ Services Company, USA | Louisiana | state | 2008 | $31,241 | | property tax abatement |
BJ Services Company, USA | Louisiana | state | 2009 | $6,934 | | property tax abatement |
BJ SERVICES COMPANY, U.S.A. | Texas | state | 2005 | undisclosed | | enterprise zone |
BJ SERVICES COMPANY, U.S.A. | Texas | state | 2006 | undisclosed | | enterprise zone |
BJ Services Co USA | Texas | state | 2000 | undisclosed | | property tax abatement |
BJ Services Co USA | Texas | state | 2001 | undisclosed | | property tax abatement |
BJ Services Co USA | Texas | state | 2002 | undisclosed | | property tax abatement |
BJ Services Co USA | Texas | state | 2003 | undisclosed | | property tax abatement |
BJ Services Co USA | Texas | state | 2004 | undisclosed | | property tax abatement |
BJ Services | Utah | state | 2011 | $24,260 | | training reimbursement |
BJ SERVICES | Utah | state | 2010 | $18,190 | | training reimbursement |
B J Services Company, U.S.A. | Kentucky | state | 2006 | $850,000 | | tax credit/rebate |