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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 Co. | Tennessee | local | 2011 | undisclosed | | property tax abatement |
THE MEMPHIS GROUP INC | Tennessee | local | 2008 | $4,111 | | property tax abatement |
GECAS ASSET MANAGEMENT SERVICES INC | Tennessee | local | 2009 | $3,343 | | property tax abatement |
GECAS ASSET MANAGEMENT SERVICES INC | Tennessee | local | 2010 | $2,920 | | property tax abatement |
General Electric Company | Tennessee | local | 2014 | undisclosed | | property tax abatement |
General Electric Company | Tennessee | local | 2014 | undisclosed | | property tax abatement |
Alstom Power, Inc. & Alstom Power Turbo | Tennessee | local | 2014 | undisclosed | | property tax abatement |
Alstom Power, Inc. & Alstom Power Turbo | Tennessee | local | 2014 | undisclosed | | property tax abatement |
Alstom Power, Inc. & Alstom Power Turbo | Tennessee | local | 2014 | undisclosed | | property tax abatement |
General Electric Company | Tennessee | local | 2016 | undisclosed | | property tax abatement |
General Electric Company | Tennessee | local | 2016 | undisclosed | | property tax abatement |
ALSTOM POWER INC - #1 | Tennessee | local | 2010 | $1,232,079 | | property tax abatement |
ALSTOM POWER INC - #2 | Tennessee | local | 2011 | $335,101 | | property tax abatement |
ALSTOM POWER INC - #3 | Tennessee | local | 2012 | $565,827 | | property tax abatement |
GE Energy | South Carolina | state | 2012 | $47,900 | | training reimbursement |
General Electric Co. - Wind | South Carolina | state | 2011 | $38,539 | | training reimbursement |
General Electric Expansion | South Carolina | state | 2010 | $26,627 | | training reimbursement |
GE AVIATION | South Carolina | state | 2009 | $4,682 | | training reimbursement |
GENERAL ELECTRIC | South Carolina | state | 2008 | $131,714 | | training reimbursement |
GE Gas Turbines (Greenville), LLC (Same Project) | South Carolina | state | 2014 | $750,000 | | grant |
GE Gas Turbines (Greenville) LLC | South Carolina | state | 2015 | undisclosed | | tax credit/rebate |
General Electric Company | South Carolina | state | 2017 | $500,000 | | grant |
General Electric Company | South Carolina | state | 2022 | undisclosed | | 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 | 2008 | $1,451,925 | | tax credit/rebate |
General Electric Company | Pennsylvania | state | 2009 | $1,363,045 | | tax credit/rebate |
General Electric Company | Pennsylvania | state | 2010 | $363,475 | | tax credit/rebate |
General Electric Company | Pennsylvania | state | | $350,000 | | grant |
General Electric Company | Pennsylvania | state | 2013 | $1,568,021 | | tax credit/rebate |
General Electric Company | Pennsylvania | state | 2014 | $557,873 | | tax credit/rebate |
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 |
WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $48,125 | | grant |
WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $71,462 | | grant |
WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $73,801 | | grant |
WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $78,369 | | grant |
WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $82,083 | | grant |
WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $94,297 | | grant |
WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $98,051 | | grant |
WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $99,518 | | grant |
WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $116,016 | | grant |
WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $125,580 | | grant |
WOOD GROUP ESP INC #3 | Oklahoma | state | 2007 | $46,658 | | grant |
WOOD GROUP ESP INC #3 | Oklahoma | state | 2007 | $63,382 | | grant |
WOOD GROUP ESP INC #3 | Oklahoma | state | 2007 | $68,543 | | grant |
WOOD GROUP ESP INC #3 | Oklahoma | state | 2007 | $94,183 | | grant |
WOOD GROUP ESP INC #3 | Oklahoma | state | 2008 | $71,498 | | grant |
WOOD GROUP ESP INC #3 | Oklahoma | state | 2008 | $88,741 | | grant |
WOOD GROUP ESP INC #3 | Oklahoma | state | 2008 | $89,989 | | grant |
WOOD GROUP ESP INC #3 | Oklahoma | state | 2009 | $86,590 | | grant |
WOOD GROUP ESP INC #3 | Oklahoma | state | 2009 | $115,231 | | grant |
WOOD GROUP ESP INC #3 | Oklahoma | state | 2011 | $2,066 | | grant |
WOOD GROUP ESP INC #3 | Oklahoma | state | 2011 | $3,833 | | grant |
WOOD GROUP ESP INC #3 | Oklahoma | state | 2011 | $12,404 | | grant |
WOOD GROUP ESP INC #3 | Oklahoma | state | 2011 | $13,309 | | grant |
GENERAL ELECTRIC CO & SUBS | Oklahoma | state | 2015 | $32,551 | | grant |
GENERAL ELECTRIC CO & SUBS | Oklahoma | state | 2015 | $23,664 | | grant |
GENERAL ELECTRIC CO & SUBS | Oklahoma | state | 2015 | $14,802 | | grant |
GENERAL ELECTRIC CO & SUBS | Oklahoma | state | 2015 | $1,616 | | grant |
GENERAL ELECTRIC CO & SUBS | Oklahoma | state | 2015 | $177,133 | | grant |
GENERAL ELECTRIC CO & SUBS | Oklahoma | state | 2015 | $101,267 | | grant |
GENERAL ELECTRIC CO & SUBS | Oklahoma | state | 2015 | $98,334 | | grant |
GENERAL ELECTRIC CO & SUBS | Oklahoma | state | 2015 | $64,223 | | grant |
GENERAL ELECTRIC CO & SUBS | Oklahoma | state | 2015 | $32,094 | | grant |
GENERAL ELECTRIC CO & SUBS | Oklahoma | state | 2015 | $7,312 | | grant |
GENERAL ELECTRIC CO & SUBS | Oklahoma | state | 2015 | $2,253 | | grant |
General Electric | Oklahoma | local | 2014 | $1,750,000 | | grant |
GENERAL ELECTRIC | Oklahoma | state | 2018 | $635,241 | | tax credit/rebate |
GE | Oklahoma | state | 2013 | $3,000,000 | | grant |
GENERAL ELECTRIC | Ohio | state | 2006 | undisclosed | | enterprise zone |
General Electric Company | Ohio | state | 2009 | $115,335,000 | | tax credit/rebate |
General Electric | Ohio | multiple | 2009 | $121,000,000 | | MEGADEAL  |
GENERAL ELECTRIC CO | Ohio | state | 2010 | $1,000,000 | | grant |
UNISON INDUSTRIES LLC | Ohio | state | 2009 | | $5,000,000 | loan or bond financing |
GENERAL ELECTRIC | Ohio | state | 2008 | $100,000 | | grant |
GENERAL ELECTRIC CO | Ohio | state | 2008 | $75,000 | | grant |
GENERAL ELECTRIC COMPANY | Ohio | state | 2009 | $15,000 | | grant |
GENERAL ELECTRIC CO | Ohio | state | 2012 | $250,000 | | grant |
GENERAL ELECTRIC CO | Ohio | state | 2008 | $750,000 | | grant |
GENERAL ELECTRIC COMPANY | Ohio | state | 2009 | $79,000 | | grant |
GENERAL ELECTRIC CO | Ohio | state | 2010 | $62,388 | | grant |
GENERAL ELECTRIC COMPANY | Ohio | state | 2010 | $5,000 | | grant |
GENERAL ELECTRIC CO | Ohio | state | 2011 | $172,750 | | grant |
GENERAL ELECTRIC CO | Ohio | state | 2011 | $207,000 | | grant |
GENERAL ELECTRIC CO | Ohio | state | 2013 | $5,898 | | training reimbursement |
GE Capital Financial Service Corporation et al. | Ohio | state | 1996 | undisclosed | | tax credit/rebate |
GE Capital Financial Service Corporation | Ohio | state | 1999 | undisclosed | | tax credit/rebate |
General Electric | Ohio | multiple | 2014 | $98,000,000 | | MEGADEAL  |
GENERAL ELECTRIC CO | Ohio | state | 2014 | $250,000 | | grant |
THE GENERAL ELECTRIC COMPANY | Ohio | state | 2014 | $51,657,853 | | tax credit/rebate |
UNISON INDUSTRIES LLC | Ohio | state | 2009 | | $5,000,000 | loan or bond financing |
GENERAL ELECTRIC CO | Ohio | state | 2016 | $750,000 | | grant/loan hybrid program |
GENERAL ELECTRIC CO | Ohio | state | 2016 | $750,000 | | grant |
General Electric Company | Ohio | state | 2013 | $22,000,000 | | tax credit/rebate |
LM WIND POWER BLADES (ND) INC | North Dakota | state | 2010 | $221,065 | | training reimbursement |
General Electric Company | North Carolina | state | 2003 | $7,533,327 | | grant |
General Electric Company | North Carolina | state | 2005 | $4,124,000 | | grant |
GE-Hitachi Nuclear Energy Americas LLC | North Carolina | state | 2008 | $34,277,000 | | grant |
Smiths Aerospace | North Carolina | state | | $2,384,000 | | grant |