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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 |
Hydril Company | Louisiana | state | 2008 | $98,278 | | property tax abatement |
BJ Services Company, USA | Louisiana | state | 2008 | $31,241 | | property tax abatement |
General Electric Company | Louisiana | state | 2009 | $195,515 | | property tax abatement |
BJ Services Company, USA | Louisiana | state | 2009 | $6,934 | | property tax abatement |
General Electric Company | Louisiana | state | 2010 | $104,474 | | property tax abatement |
GE Energy Oilfield Technology | Louisiana | state | 2010 | $20,258 | | property tax abatement |
GE Energy Oilfield Technology | Louisiana | state | 2010 | $7,217 | | property tax abatement |
General Electric Company | Louisiana | state | 2011 | $152,043 | | property tax abatement |
Hydril Company | Louisiana | state | 2011 | $15,995 | | property tax abatement |
GE Energy Oilfield Technology | Louisiana | state | 2012 | $8,487 | | property tax abatement |
General Electric Company | Louisiana | state | 2012 | $39,978 | | property tax abatement |
Dresser, Inc. | Louisiana | state | 2012 | $69,208 | | 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 |
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 |
GE Grid Solutions, LLC | Louisiana | state | 2016 | $117,295 | | property tax abatement |
General Electric Company | Louisiana | state | 2016 | $201,744 | | property tax abatement |
B J Services Company, U.S.A. | Kentucky | state | 2006 | $850,000 | | tax credit/rebate |
GE Aviation Services | Kansas | state | 2011 | $351,383 | | training reimbursement |
General Electric Co | Iowa | state | 2010 | $2,000,000 | | grant |
General Electric Company | Iowa | state | 2015 | $930,000 | | grant |
GENERAL ELECTRIC CREDIT CORP OF TENN | Indiana | local | 2007 | undisclosed | | property tax abatement |
General Electric Company | Indiana | state | 2014 | $1,700,000 | | grant |
General Electric Company | Indiana | state | 2014 | $332,000 | | training reimbursement |
General Electric Company | Indiana | state | 2014 | $3,810,000 | | tax credit/rebate |
General Electric Company | Georgia | state | 2019 | $1,500,000 | | grant |
General Electric Company | Georgia | state | 2019 | $2,250,000 | | grant |
GE Power Systems | Florida | state | 2000 | $666,951 | | grant |
Unison Industries, LLC | Florida | state | 2011 | $50,000 | | training reimbursement |
Unison Industries | Florida | state | 2012 | $50,000 | | training reimbursement |
GE Clinical Services | Florida | state | 2001 | $800,000 | | tax credit/rebate |
GE Generators (Pensacola), LLC | Florida | state | 2001 | $480,000 | | tax credit/rebate |
GE Generators (Pensacola), LLC | Florida | state | 2000 | $804,000 | | tax credit/rebate |
GE-Harris Railway Electronics, LLC | Florida | state | 1998 | $600,000 | | tax credit/rebate |
General Electric | Florida | local | 2015 | $6,600,000 | | grant |
General Electric | Florida | local | 2015 | $3,000,000 | | grant |
General Electric | Florida | local | 2015 | $500,000 | | grant |
General Electric Company | Florida | state | 2016 | $2,000,000 | | tax credit/rebate |
General Electric Company | Florida | state | 2015 | $2,500,000 | | grant |
GE Aviation | Delaware | state | 2013 | $1,114,833 | | grant/loan hybrid program |
GE HITACHI NUCLEAR ENERGY AMERICAS LLC | California | local | 2012 | undisclosed | | tax credit/rebate |
General Electric Company | Alabama | state | 2013 | $1,500 | | cost reimbursement |
General Electric Company | Alabama | state | 2013 | $1,500 | | cost reimbursement |
General Electric Company | Alabama | state | 2013 | $1,500 | | cost reimbursement |
General Electric Company | Alabama | state | 2013 | $1,500 | | cost reimbursement |
General Electric Company | Alabama | state | 2013 | $4,200 | | cost reimbursement |
General Electric Company | Alabama | state | 2013 | $4,200 | | cost reimbursement |
General Electric Company | Alabama | state | 2013 | $4,200 | | cost reimbursement |
General Electric Company | Alabama | state | 2013 | $4,200 | | cost reimbursement |
General Electric Company | Alabama | state | 2013 | $6,046 | | cost reimbursement |
General Electric Company | Alabama | state | 2013 | $6,046 | | cost reimbursement |
General Electric Company | Alabama | state | 2013 | $6,046 | | cost reimbursement |
General Electric Company | Alabama | state | 2013 | $6,046 | | cost reimbursement |
GE Energy Power Conversion USA Inc | Alabama | state | 2013 | $13,520 | | cost reimbursement |
GE Energy Power Conversion USA Inc | Alabama | state | 2013 | $13,520 | | cost reimbursement |
GE Energy Power Conversion USA Inc | Alabama | state | 2013 | $13,520 | | cost reimbursement |
GE Energy Power Conversion USA Inc | Alabama | state | 2013 | $13,520 | | cost reimbursement |
General Electric Company | Alabama | state | 2013 | $1,500 | | cost reimbursement |