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Basic Search  |  Geographic Searches  |  Advanced Search | 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 SummarySubsidy ValueNumber of Awards
State/Local$667,606,336357
Federal (grants and allocated tax credits)$1,019,433,015219
TOTAL$1,687,039,351576
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$17,000,0003
Federal loans, loan guarantees and bailout assistance (not including repayments)$29,683,311,253319
TOTAL$29,700,311,253322
Time Period for State and Local Awards: Earliest year of data: 1971. 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 awardsTotal Subsidy $Number of Awards
Ohio$245,429,88920
Massachusetts$145,000,0001
Michigan$90,039,00013
North Carolina$59,159,32242
New York$21,359,97467
All other$106,618,151214

Individual Subsidy Records:

Click on the company name for more information on each subsidy award.

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CompanyLocationSubsidy SourceYear sort icon . Subsidy ValueLoan/Bailout ValueType of Subsidy
GE AVIATION SYSTEMS LLCWashingtonstate2005undisclosedtax credit/rebate
I D X SYSTEMS CORPWashingtonstate2005$207,073tax credit/rebate
I D X SYSTEMS CORPWashingtonstate2005$10,904tax credit/rebate
GE Ionics, Inc.United Statesfederal2005$200,000,000federal loan or loan guarantee
GE Energy Rentals, Inc.United Statesfederal2005$1,056,627federal insurance
GE Energy Rentals, Inc.United Statesfederal2005$1,395,000federal insurance
BJ SERVICES COMPANY, U.S.A.Texasstate2005undisclosedenterprise zone
Everest VIT, Inc.New Yorkstate2005$1,215,000enterprise zone
General Electric CompanyUnited Statesfederal2005$681,426federal grant
General Electric CompanyUnited Statesfederal2005$53,153,564federal grant
General Electric CompanyUnited Statesfederal2005$57,952,500federal grant
General Electric CompanyUnited Statesfederal2005$595,395federal grant
General Electric CompanyUnited Statesfederal2005$501,164federal grant
General Electric CompanyUnited Statesfederal2005$460,778federal grant
General Electric CompanyUnited Statesfederal2005$57,952,500federal grant
General Electric Global Research CenterNew Yorklocal2004$92,326tax credit/rebate; property tax abatement
BJ Services Co USATexasstate2004undisclosedproperty tax abatement
Ecolochem IncTexasstate2004undisclosedproperty tax abatement
IDX Systems Corporation and SubsidiariesVermontstate2004$3,759,522tax credit/rebate; property tax abatement
General Electric Energy Rentals, Inc. United Statesfederal2004$540,000federal insurance
General Electric Energy Rentals, Inc. United Statesfederal2004$9,180,000federal insurance
Everest VIT, Inc.New Yorkstate2004$59,000enterprise zone
Unison Industries, LLCNew Yorkstate2004$49,683enterprise zone
General Electric CompanyUnited Statesfederal2004$2,392,646federal grant
Ge Steam Power IncUnited Statesfederal2004$1,225,868federal grant
SMITHS AEROSPACE INCMichiganlocal2003undisclosedproperty tax abatement
General Electric CompanyNorth Carolinastate2003$7,533,327grant
General Electric Global Research CenterNew Yorklocal2003$880,513tax credit/rebate; property tax abatement
Alstom Power IncorporatedTexasstate2003undisclosedproperty tax abatement
BJ Services Co USATexasstate2003undisclosedproperty tax abatement
Ecolochem IncTexasstate2003undisclosedproperty tax abatement
GE Energy Rentals Inc.United Statesfederal2003$12,314,398federal insurance
GE Energy Rentals, Inc.United Statesfederal2003$12,103,321federal insurance
Everest VIT, Inc.New Yorkstate2003$35,345enterprise zone
Generalelectric CompanyUnited Statesfederal2003$277,120federal grant
General Electric CompanyUnited Statesfederal2003$682,579federal grant
General Electric CoUnited Statesfederal2003$414,210federal grant
Alstom Power IncorporatedTexasstate2002undisclosedproperty tax abatement
BJ Services Co USATexasstate2002undisclosedproperty tax abatement
Ecolochem IncTexasstate2002undisclosedproperty tax abatement
General Electric International, Inc.United Statesfederal2002$9,000,000federal insurance
Everest VIT, Inc.New Yorkstate2002$94,556enterprise zone
Unison Industries, LLCNew Yorkstate2002$10,000enterprise zone
JOHNSON TECHNOLOGY INC.Michiganlocal2001undisclosedproperty tax abatement
ECOLOCHEM, INC.Missouristate2001$61,514tax credit/rebate
BJ Services Co USATexasstate2001undisclosedproperty tax abatement
Ecolochem IncTexasstate2001undisclosedproperty tax abatement
GE Clinical ServicesFloridastate2001$800,000tax credit/rebate
GE Generators (Pensacola), LLCFloridastate2001$480,000tax credit/rebate
Unison Industries, LLCNew Yorkstate2001$10,000enterprise zone
Johnson Technology, Inc.Michiganstate2001undisclosedproperty tax abatement
Dresser, LLCUnited Statesfederal2001$3,925,769federal grant
Dresser, LLCUnited Statesfederal2001$10,629,120federal grant
Alstom Power Inc.United Statesfederal2001$2,344,018federal grant
JOHNSON TECHNOLOGY, INC.Michiganlocal2000undisclosedproperty tax abatement
BJ Services Co USATexasstate2000undisclosedproperty tax abatement
GE Power SystemsFloridastate2000$666,951grant
ALSTOM POWER, INC.Texaslocal2000undisclosedtax credit/rebate
Ecolochem, Inc.Texaslocal2000undisclosedtax credit/rebate
GE Generators (Pensacola), LLCFloridastate2000$804,000tax credit/rebate
General Electric CompanyUnited Statesfederal2000$941,060federal grant
GE Capital Financial Service CorporationOhiostate1999undisclosedtax credit/rebate
JOHNSON TECHNOLOGY INCMichiganlocal1998undisclosedproperty tax abatement
SMITHS INDUSTRIES AEROSPACE/DEFENSEMichiganlocal1998undisclosedproperty tax abatement
JOHNSON TECHNOLOGY INC.Michiganlocal1998undisclosedproperty tax abatement
JOHNSON TECHNOLOGY INCMichiganlocal1998undisclosedproperty tax abatement
IDX Systems Corporation and SubsidiariesVermontstate1998$7,587,670tax credit/rebate; property tax abatement
GE-Harris Railway Electronics, LLCFloridastate1998$600,000tax credit/rebate
GE Capital Financial Service Corporation et al.Ohiostate1996undisclosedtax credit/rebate
SMITHS INDUSTRIES AEROSPACE & DEFENSE SYS.INCMichiganlocal1992undisclosedproperty tax abatement
Smiths Ind. Aerospace & DefenseMichiganstate1991undisclosedproperty tax abatement
Smiths Ind. Aerospace & DefenseMichiganstate1991undisclosedproperty tax abatement
General Electric CompanyMichiganstate1971undisclosedproperty tax abatement
Smiths AerospaceNorth Carolinastate$2,384,000grant
General Electric Company d/b/a GE TransportationPennsylvaniastate$500,000training reimbursement
GE Infrastructure RailPennsylvaniastate$249,880training reimbursement
General Electric Company d/b/a GE TransportationPennsylvaniastate$1,000,000grant
General Electric CompanyPennsylvaniastate$350,000grant
LM Wind PowerArkansasstate$30,084tax credit/rebate
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