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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 | $667,606,336 | 357 |
| Federal (grants and allocated tax credits) | $1,019,433,015 | 219 |
| TOTAL | $1,687,039,351 | 576 |
| 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: 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 awards | Total Subsidy $ | Number of Awards |
| Ohio | $245,429,889 | 20 |
| Massachusetts | $145,000,000 | 1 |
| Michigan | $90,039,000 | 13 |
| North Carolina | $59,159,322 | 42 |
| New York | $21,359,974 | 67 |
| All other | $106,618,151 | 214 |
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 |
| I D X SYSTEMS CORP | Washington | state | 2005 | $207,073 | | tax credit/rebate |
| I D X SYSTEMS CORP | Washington | state | 2005 | $10,904 | | tax credit/rebate |
| GE Ionics, Inc. | United States | federal | 2005 | | $200,000,000 | federal loan or loan guarantee |
| GE Energy Rentals, Inc. | United States | federal | 2005 | | $1,056,627 | federal insurance |
| GE Energy Rentals, Inc. | United States | federal | 2005 | | $1,395,000 | federal insurance |
| BJ SERVICES COMPANY, U.S.A. | Texas | state | 2005 | undisclosed | | enterprise zone |
| Everest VIT, Inc. | New York | state | 2005 | $1,215,000 | | enterprise zone |
| General Electric Company | United States | federal | 2005 | $681,426 | | federal grant |
| General Electric Company | United States | federal | 2005 | $53,153,564 | | federal grant |
| General Electric Company | United States | federal | 2005 | $57,952,500 | | federal grant |
| General Electric Company | United States | federal | 2005 | $595,395 | | federal grant |
| General Electric Company | United States | federal | 2005 | $501,164 | | federal grant |
| General Electric Company | United States | federal | 2005 | $460,778 | | federal grant |
| General Electric Company | United States | federal | 2005 | $57,952,500 | | federal grant |
| General Electric Global Research Center | New York | local | 2004 | $92,326 | | tax credit/rebate; property tax abatement |
| BJ Services Co USA | Texas | state | 2004 | undisclosed | | property tax abatement |
| Ecolochem Inc | Texas | state | 2004 | undisclosed | | property tax abatement |
| IDX Systems Corporation and Subsidiaries | Vermont | state | 2004 | $3,759,522 | | tax credit/rebate; property tax abatement |
| General Electric Energy Rentals, Inc. | United States | federal | 2004 | | $540,000 | federal insurance |
| General Electric Energy Rentals, Inc. | United States | federal | 2004 | | $9,180,000 | federal insurance |
| Everest VIT, Inc. | New York | state | 2004 | $59,000 | | enterprise zone |
| Unison Industries, LLC | New York | state | 2004 | $49,683 | | enterprise zone |
| General Electric Company | United States | federal | 2004 | $2,392,646 | | federal grant |
| Ge Steam Power Inc | United States | federal | 2004 | $1,225,868 | | federal grant |
| SMITHS AEROSPACE INC | Michigan | local | 2003 | undisclosed | | property tax abatement |
| General Electric Company | North Carolina | state | 2003 | $7,533,327 | | grant |
| General Electric Global Research Center | New York | local | 2003 | $880,513 | | tax credit/rebate; property tax abatement |
| Alstom Power Incorporated | Texas | state | 2003 | undisclosed | | property tax abatement |
| BJ Services Co USA | Texas | state | 2003 | undisclosed | | property tax abatement |
| Ecolochem Inc | Texas | state | 2003 | undisclosed | | property tax abatement |
| GE Energy Rentals Inc. | United States | federal | 2003 | | $12,314,398 | federal insurance |
| GE Energy Rentals, Inc. | United States | federal | 2003 | | $12,103,321 | federal insurance |
| Everest VIT, Inc. | New York | state | 2003 | $35,345 | | enterprise zone |
| Generalelectric Company | United States | federal | 2003 | $277,120 | | federal grant |
| General Electric Company | United States | federal | 2003 | $682,579 | | federal grant |
| General Electric Co | United States | federal | 2003 | $414,210 | | federal grant |
| Alstom Power Incorporated | Texas | state | 2002 | undisclosed | | property tax abatement |
| BJ Services Co USA | Texas | state | 2002 | undisclosed | | property tax abatement |
| Ecolochem Inc | Texas | state | 2002 | undisclosed | | property tax abatement |
| General Electric International, Inc. | United States | federal | 2002 | | $9,000,000 | federal insurance |
| Everest VIT, Inc. | New York | state | 2002 | $94,556 | | enterprise zone |
| Unison Industries, LLC | New York | state | 2002 | $10,000 | | enterprise zone |
| JOHNSON TECHNOLOGY INC. | Michigan | local | 2001 | undisclosed | | property tax abatement |
| ECOLOCHEM, INC. | Missouri | state | 2001 | $61,514 | | tax credit/rebate |
| BJ Services Co USA | Texas | state | 2001 | undisclosed | | property tax abatement |
| Ecolochem Inc | Texas | state | 2001 | undisclosed | | property tax abatement |
| GE Clinical Services | Florida | state | 2001 | $800,000 | | tax credit/rebate |
| GE Generators (Pensacola), LLC | Florida | state | 2001 | $480,000 | | tax credit/rebate |
| Unison Industries, LLC | New York | state | 2001 | $10,000 | | enterprise zone |
| Johnson Technology, Inc. | Michigan | state | 2001 | 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 |
| Alstom Power Inc. | United States | federal | 2001 | $2,344,018 | | federal grant |
| JOHNSON TECHNOLOGY, INC. | Michigan | local | 2000 | undisclosed | | property tax abatement |
| BJ Services Co USA | Texas | state | 2000 | undisclosed | | property tax abatement |
| GE Power Systems | Florida | state | 2000 | $666,951 | | grant |
| ALSTOM POWER, INC. | Texas | local | 2000 | undisclosed | | tax credit/rebate |
| Ecolochem, Inc. | Texas | local | 2000 | undisclosed | | tax credit/rebate |
| GE Generators (Pensacola), LLC | Florida | state | 2000 | $804,000 | | tax credit/rebate |
| General Electric Company | United States | federal | 2000 | $941,060 | | federal grant |
| GE Capital Financial Service Corporation | Ohio | state | 1999 | undisclosed | | tax credit/rebate |
| JOHNSON TECHNOLOGY INC | Michigan | local | 1998 | undisclosed | | property tax abatement |
| SMITHS INDUSTRIES AEROSPACE/DEFENSE | Michigan | local | 1998 | undisclosed | | property tax abatement |
| JOHNSON TECHNOLOGY INC. | Michigan | local | 1998 | undisclosed | | property tax abatement |
| JOHNSON TECHNOLOGY INC | Michigan | local | 1998 | undisclosed | | property tax abatement |
| IDX Systems Corporation and Subsidiaries | Vermont | state | 1998 | $7,587,670 | | tax credit/rebate; property tax abatement |
| GE-Harris Railway Electronics, LLC | Florida | state | 1998 | $600,000 | | tax credit/rebate |
| GE Capital Financial Service Corporation et al. | Ohio | state | 1996 | undisclosed | | tax credit/rebate |
| SMITHS INDUSTRIES AEROSPACE & DEFENSE SYS.INC | Michigan | local | 1992 | undisclosed | | property tax abatement |
| Smiths Ind. Aerospace & Defense | Michigan | state | 1991 | undisclosed | | property tax abatement |
| Smiths Ind. Aerospace & Defense | Michigan | state | 1991 | undisclosed | | property tax abatement |
| General Electric Company | Michigan | state | 1971 | undisclosed | | property tax abatement |
| Smiths Aerospace | North Carolina | state | | $2,384,000 | | grant |
| General Electric Company d/b/a GE Transportation | Pennsylvania | state | | $500,000 | | training reimbursement |
| GE Infrastructure Rail | Pennsylvania | state | | $249,880 | | training reimbursement |
| General Electric Company d/b/a GE Transportation | Pennsylvania | state | | $1,000,000 | | grant |
| General Electric Company | Pennsylvania | state | | $350,000 | | grant |
| LM Wind Power | Arkansas | state | | $30,084 | | tax credit/rebate |
