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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 |
General Electric Company | United States | federal | 2020 | $3,042,919 | | federal grant |
General Electric Company | United States | federal | 2020 | $991,366 | | federal grant |
General Electric Company | United States | federal | 2020 | $2,123,823 | | federal grant |
General Electric Company | United States | federal | 2020 | $3,795,810 | | federal grant |
General Electric Company | United States | federal | 2021 | $644,089 | | federal grant |
General Electric Company | United States | federal | 2021 | $5,300,000 | | federal grant |
General Electric Company | United States | federal | 2021 | $6,930,656 | | federal grant |
General Electric Company | United States | federal | 2021 | $6,381,095 | | federal grant |
General Electric Company | United States | federal | 2021 | $1,246,325 | | federal grant |
General Electric Company | United States | federal | 2021 | $3,805,494 | | federal grant |
General Electric Company | United States | federal | 2021 | $3,448,797 | | federal grant |
Ge Grid Solutions LLC | United States | federal | 2022 | $2,259,041 | | federal grant |
General Electric Company | United States | federal | 2022 | $1,567,813 | | federal grant |
General Electric Company | United States | federal | 2022 | $2,696,056 | | federal grant |
General Electric Company | United States | federal | 2022 | $4,499,463 | | federal grant |
General Electric Company | United States | federal | 2023 | $5,889,997 | | federal grant |
General Electric Company | United States | federal | 2023 | $1,630,000 | | federal grant |
General Electric Company | United States | federal | 2023 | $1,802,117 | | federal grant |
General Electric Company | United States | federal | 2023 | $1,301,450 | | federal grant |
General Electric Company | United States | federal | 2023 | $2,999,030 | | federal grant |
General Electric Company | United States | federal | 2023 | $1,699,845 | | federal grant |
General Electric Company | United States | federal | 2023 | $2,799,995 | | federal grant |
General Electric Company | United States | federal | 2023 | $13,206,418 | | federal grant |
General Electric Company | United States | federal | 2023 | $5,115,949 | | federal grant |
General Electric Company | United States | federal | 2023 | $374,457 | | federal grant |
General Electric Company | United States | federal | 2024 | $1,499,848 | | federal grant |
General Electric Company | United States | federal | 2024 | $2,289,919 | | federal grant |
General Electric Consumer & Industrial | United States | federal | 2010 | $6,491,160 | | federal allocated tax credit |
General Electric Gas Turbines (Greenville) LLC | United States | federal | 2010 | $26,862,000 | | federal allocated tax credit |
General Electric Lighting, Inc | United States | federal | 2010 | $19,831,680 | | federal allocated tax credit |
General Electric Company | United States | federal | 2010 | $11,860,058 | | federal allocated tax credit |
GE MDS, LLC | New York | state | 2007 | $169,078 | | enterprise zone |
GENERAL ELECTRIC | Ohio | state | 2006 | undisclosed | | enterprise zone |
BJ SERVICES COMPANY, U.S.A. | Texas | state | 2005 | undisclosed | | enterprise zone |
BJ SERVICES COMPANY, U.S.A. | Texas | state | 2006 | undisclosed | | enterprise zone |
GE Mobile Water, Inc. | Virginia | state | 2015 | $69,107 | | 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 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 |