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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 |
| General Electric Company | Pennsylvania | state | 2015 | $2,478,966 | | tax credit/rebate |
| GE Energy Power Conversion USA, Inc. | Pennsylvania | state | 2015 | $121,671 | | tax credit/rebate |
| GE Gas Turbines (Greenville) LLC | South Carolina | state | 2015 | undisclosed | | tax credit/rebate |
| General Electric | Virginia | state | 2013 | $350,000 | | grant |
| GE Mobile Water, Inc. | Virginia | state | 2015 | $69,107 | | enterprise zone |
| General Electric Company | Virginia | state | 2012 | $302,000 | | training reimbursement |
| GE Grid Solutions, LLC | Louisiana | state | 2016 | $117,295 | | 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 |
| Nuclear Fuel Holding Co., Inc. | North Carolina | state | 2015 | $48,365 | | tax credit/rebate |
| General Electric Company | North Carolina | state | 2016 | $228,974 | | tax credit/rebate |
| General Electric Company | North Carolina | state | 2015 | $265,836 | | tax credit/rebate |
| General Electric Company | North Carolina | state | 2015 | $284,638 | | tax credit/rebate |
| General Electric Company | North Carolina | state | 2016 | $1,151,281 | | tax credit/rebate |
| GE Aviation | Delaware | state | 2013 | $1,114,833 | | grant/loan hybrid program |
| General Electric Company | Florida | state | 2016 | $2,000,000 | | tax credit/rebate |
| General Electric Company | Florida | state | 2015 | $2,500,000 | | grant |
| Alstom Power Inc. Air Preheater Company | New York | state | 2010 | $463,268 | | enterprise zone |
| Alstom Power Inc. Air Preheater Company | New York | state | 2008 | $951,646 | | enterprise zone |
| Alstom Power Inc. Air Preheater Company | New York | state | 2009 | $776,621 | | enterprise zone |
| Alstom Power Inc. Air Preheater Company | New York | state | 2011 | $465,722 | | enterprise zone |
| Alstom Power Inc. Air Preheater Company | New York | state | 2012 | $416,478 | | enterprise zone |
| Alstom Power Inc. Air Preheater Company | New York | state | 2013 | $391,890 | | enterprise zone |
| 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 |
| GE MDS, LLC | New York | state | 2008 | $72,507 | | enterprise zone |
| Unison Industries, LLC | New York | state | 2004 | $49,683 | | enterprise zone |
| Unison Industries, LLC | New York | state | 2001 | $10,000 | | enterprise zone |
| Unison Industries, LLC | New York | state | 2002 | $10,000 | | enterprise zone |
| General Electric | Virginia | state | 2013 | $350,000 | | grant |
| General Electric Company | West Virginia | state | 2010 | undisclosed | | tax credit/rebate |
| General Electric Company of VA | West Virginia | state | 2010 | undisclosed | | tax credit/rebate |
| General Electric Company | West Virginia | state | 2010 | undisclosed | | tax credit/rebate |
| General Electric Company | Iowa | state | 2015 | $930,000 | | grant |
| GENERAL ELECTRIC CO | Ohio | state | 2016 | $750,000 | | grant |
| Alstom Power, Inc. | Connecticut | state | 2015 | undisclosed | | Enterprise Zone |
| 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 |
| GE Aviation Muskegon | Michigan | state | 2016 | $800,000 | | tax credit/rebate |
| LM Wind Power | Arkansas | state | | $30,084 | | tax credit/rebate |
| General Electric Company | West Virginia | state | 2008 | undisclosed | | tax credit/rebate |
| General Electric Company | West Virginia | state | 2008 | undisclosed | | tax credit/rebate |
| GENERAL ELECTRIC COMPANY | Maine | state | 2018 | $160,054 | | property tax abatement |
| GENERAL ELECTRIC COMPANY | Maine | state | 2019 | $160,054 | | property tax abatement |
| General Electric Company | North Carolina | state | 2017 | $178,000 | | grant |
| General Electric Company | North Carolina | state | 2018 | $143,000 | | grant |
| Nuclear Fuel Holding Co., Inc. | North Carolina | state | 2017 | $61,780 | | tax credit/rebate |
| Nuclear Fuel Holding Co., Inc. | North Carolina | state | 2018 | $49,958 | | tax credit/rebate |
| General Electric Company | Ohio | state | 2013 | $22,000,000 | | tax credit/rebate |
| GENERAL ELECTRIC | Oklahoma | state | 2018 | $635,241 | | tax credit/rebate |
| GE | Oklahoma | state | 2013 | $3,000,000 | | grant |
| General Electric Company | Georgia | state | 2019 | $1,500,000 | | grant |
| General Electric Company | Georgia | state | 2019 | $2,250,000 | | grant |
| Datex-Ohmeda, Inc. | Maryland | state | 2021 | $2,767 | | tax credit/rebate |
| General Electric Company | Maryland | state | 2021 | $8,107 | | tax credit/rebate |
| General Electric Company | Michigan | state | 1971 | undisclosed | | property tax abatement |
| Johnson Technology, Inc. | Michigan | state | 2001 | 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 | Maine | state | 2021 | $46,256 | | property tax abatement |
| General Electric Company | South Carolina | state | 2017 | $500,000 | | grant |
| General Electric Company | South Carolina | state | 2022 | undisclosed | | grant |
| General Electric Company | North Carolina | state | 2017 | $77,769 | | tax credit/rebate |
| General Electric Company | North Carolina | state | 2019 | $77,769 | | tax credit/rebate |
| General Electric Company | North Carolina | state | 2020 | $77,769 | | tax credit/rebate |
| GE Aviation (Asheville) (project 3) | North Carolina | state | 2022 | $140,240 | | training reimbursement |
| GE Aviation (Asheville) (project 4) | North Carolina | state | 2022 | $67,957 | | training reimbursement |
| GE Aviation (West Jefferson) (project 3) | North Carolina | state | 2022 | $82,756 | | training reimbursement |
