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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 | $799,990,241 | 363 |
Federal (grants and allocated tax credits) | $979,456,518 | 227 |
TOTAL | $1,779,446,759 | 590 |
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) | $29,681,973,611 | 320 |
TOTAL | $29,698,973,611 | 323 |
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.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
Ohio | $297,129,889 | 20 |
Michigan | $163,973,000 | 13 |
Massachusetts | $145,000,000 | 1 |
North Carolina | $59,209,322 | 43 |
New York | $21,743,564 | 68 |
All other | $112,934,466 | 218 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
General Electric Company | Pennsylvania | state | 2010 | $363,475 | | tax credit/rebate |
BJ Services Co USA | Texas | state | 2000 | undisclosed | | property tax abatement |
BJ Services Co USA | Texas | state | 2001 | undisclosed | | property tax abatement |
Ecolochem Inc | Texas | state | 2001 | undisclosed | | property tax abatement |
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 |
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 |
BJ Services Co USA | Texas | state | 2004 | undisclosed | | property tax abatement |
Ecolochem Inc | Texas | state | 2004 | undisclosed | | property tax abatement |
Ecolochem Inc | Texas | state | 2005 | undisclosed | | property tax abatement |
IDX Systems Corporation and Subsidiaries | Vermont | state | 1998 | $7,587,670 | | tax credit/rebate; property tax abatement |
IDX Systems Corporation and Subsidiaries | Vermont | state | 2004 | $3,759,522 | | tax credit/rebate; property tax abatement |
GE AVIATION SYSTEMS LLC | Washington | state | 2005 | undisclosed | | tax credit/rebate |
GE AVIATION SYSTEMS LLC | Washington | state | 2006 | undisclosed | | tax credit/rebate |
GE AVIATION SYSTEMS LLC | Washington | state | 2007 | undisclosed | | tax credit/rebate |
GE AVIATION SYSTEMS LLC | Washington | state | 2008 | undisclosed | | tax credit/rebate |
GE AVIATION SYSTEMS LLC | Washington | state | 2009 | undisclosed | | tax credit/rebate |
NAVERUS INC | Washington | state | 2007 | undisclosed | | tax credit/rebate |
NAVERUS INC | Washington | state | 2008 | undisclosed | | tax credit/rebate |
I D X SYSTEMS CORP | Washington | state | 2005 | $207,073 | | tax credit/rebate |
GENERAL ELECTRIC COMPANY | Maine | state | 2009 | $980,789 | | property tax abatement |
GENERAL ELECTRIC CREDIT CORP O | Maine | state | 2009 | $109,272 | | property tax abatement |
GE COMMERCIAL EQUIPMENT HOLDIN | Maine | state | 2009 | $60,677 | | property tax abatement |
GE Power Systems | Florida | state | 2000 | $666,951 | | grant |
General Electric Aviation | Vermont | state | 2010 | $33,267 | | training reimbursement |
General Electric Aviation | Vermont | state | 2010 | $250,000 | | training reimbursement |
Alstom Power Inc | Kansas | state | 2011 | $15,385 | | training reimbursement |
L M WINDPOWER BLADES | Arkansas | state | 2010 | $1,364,486 | | tax credit/rebate |
LM WIND POWER BLADES (ARKANSAS) INC | Arkansas | state | 2010 | $733,360 | | tax credit/rebate |
GE COMMERCIAL EQUIPMENT HOLDING LLC | Maine | state | 2011 | $8,101 | | property tax abatement |
GENERAL ELECTRIC COMPANY | Maine | state | 2011 | $669,614 | | property tax abatement |
GENERAL ELECTRIC CREDIT CORP OF TN | Maine | state | 2011 | $18,616 | | property tax abatement |
General Electric Aviation | Mississippi | state | 2009 | $19,600 | | training reimbursement |
General Electric Aviation | Mississippi | state | 2010 | $21,608 | | training reimbursement |
General Electric Aviation | Mississippi | state | 2011 | $11,219 | | training reimbursement |
GENERAL ELECTRIC COMPANY | New York | state | 2009 | $5,000,000 | | grant |
General Electric | Texas | state | 2009 | undisclosed | | training reimbursement |
Hydril Company | Texas | state | 2011 | undisclosed | | training reimbursement |
BJ Services | Utah | state | 2011 | $24,260 | | training reimbursement |
BJ SERVICES | Utah | state | 2010 | $18,190 | | training reimbursement |
Unison Industries, LLC | Florida | state | 2011 | $50,000 | | training reimbursement |
Unison Industries | Florida | state | 2012 | $50,000 | | training reimbursement |
LM Wind Power Blades, (Arkansas), Inc. | Arkansas | state | 2010 | $4,160 | | training reimbursement |
Alstom Power Inc. | Connecticut | state | 2011 | $3,000,000 | | grant/loan hybrid program |
GE-Hitachi Global Laser Enrichment, LLC | North Carolina | state | 2011 | $15,750 | | tax credit/rebate |
GE-Hitachi Nuclear Energy Holdings, LLC | North Carolina | state | 2011 | $371,917 | | tax credit/rebate |
General Electric Company | Louisiana | state | 2011 | $152,043 | | property tax abatement |
Hydril Company | Louisiana | state | 2011 | $15,995 | | property tax abatement |
General Electric Company | Pennsylvania | state | | $350,000 | | grant |
General Electric Aviation | Vermont | state | 2011 | $250,000 | | training reimbursement |
General Electric | New Hampshire | state | 2011 | $100,000 | | training reimbursement |
General Electric Company | North Carolina | state | 2011 | $259,046 | | tax credit/rebate |
GE Aviation | Mississippi | state | 2010 | $8,461,500 | | grant |
GE Aviation | Mississippi | state | 2010 | undisclosed | | tax credit/rebate |
GE Aviation -South Delta | Mississippi | state | 2012 | $100,000 | | training reimbursement |
GE Clinical Services | Florida | state | 2001 | $800,000 | | tax credit/rebate |
GE Generators (Pensacola), LLC | Florida | state | 2001 | $480,000 | | tax credit/rebate |
GE Generators (Pensacola), LLC | Florida | state | 2000 | $804,000 | | tax credit/rebate |
GE-Harris Railway Electronics, LLC | Florida | state | 1998 | $600,000 | | tax credit/rebate |
GENERAL ELECTRIC CREDIT CORP OF TN | Maine | state | 2012 | $23,836 | | property tax abatement |
GE COMMERCIAL EQUIPMENT HOLDING LLC | Maine | state | 2012 | $2,500 | | property tax abatement |
GENERAL ELECTRIC INTERNATIONAL, INC | Maine | state | 2012 | $1,268 | | property tax abatement |
GENERAL ELECTRIC COMPANY | Maine | state | 2012 | $662,786 | | property tax abatement |
General Electric | Michigan | state | 2009 | $76,200,000 | | MEGADEAL (Archived) |
GE Energy Oilfield Technology | Louisiana | state | 2012 | $8,487 | | property tax abatement |
General Electric Company | Louisiana | state | 2012 | $39,978 | | property tax abatement |
Dresser, Inc. | Louisiana | state | 2012 | $69,208 | | property tax abatement |
I D X SYSTEMS CORP | Washington | state | 2005 | $10,904 | | tax credit/rebate |
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 |
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 |