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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 | $673,922,651 | 361 |
| Federal (grants and allocated tax credits) | $1,063,144,339 | 227 |
| TOTAL | $1,737,066,990 | 588 |
| 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) | $29,678,926,253 | 318 |
| TOTAL | $29,695,926,253 | 321 |
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 | $112,934,466 | 218 |
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 |
| 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 |
| GE Rotterdam | New York | local | 2016 | $381,194 | | tax credit/rebate |
| GE Aviation/GL II Assoc. | New York | local | 2016 | $93,040 | | tax credit/rebate |
| GE Energy Learning Center | New York | local | 2016 | $26,412 | | tax credit/rebate |
| GE R&D 2005 | New York | local | 2016 | $7,034 | | tax credit/rebate |
| GE Rotterdam | New York | local | 2017 | $405,341 | | tax credit/rebate |
| GE Aviation/GL II Assoc. | New York | local | 2017 | $74,599 | | tax credit/rebate |
| General Electric Company | New York | Local | 2018 | $151,889 | | tax credit/rebate |
| GE Aviation/GL | New York | Local | 2018 | $55,854 | | tax credit/rebate |
| GE Rotterdam | New York | local | 2019 | $375,212 | | tax credit/rebate |
| GE Aviation/GL II Assoc. | New York | local | 2019 | $37,541 | | tax credit/rebate |
| GE Aviation/GL II Assoc. | New York | local | 2020 | $19,161 | | tax credit/rebate |
| GE Rotterdam | New York | local | 2020 | $355,166 | | tax credit/rebate |
| GE Rotterdam | New York | local | 2021 | $291,183 | | tax credit/rebate |
| GE FANUC EMBEDDED SYSTEMS INC | New Mexico | state | 2011 | $42,315 | | tax credit/rebate |
| GE FANUC EMBEDDED SYSTEMS INC | New Mexico | state | 2011 | $26,721 | | tax credit/rebate |
| GE FANUC EMBEDDED SYSTEMS INC | New Mexico | state | 2011 | $13,332 | | tax credit/rebate |
| General Electric | New Hampshire | state | 2011 | $100,000 | | training reimbursement |
| General Electric | New Hampshire | state | 2011 | $100,000 | | training reimbursement |
| General Electric | New Hampshire | state | 2013 | $68,119 | | training reimbursement |
| ECOLOCHEM, INC. | Missouri | state | 2001 | $61,514 | | tax credit/rebate |
| GE ENGINE SERVICES (GE TRANSPORTATION) | Missouri | state | 2008 | $48,219 | | tax credit/rebate |
| GE ENGINE SERVICES (GE TRANSPORTATION) | Missouri | state | 2009 | $500,000 | | training reimbursement |
| 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 |
| 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 |
| General Electric | Mississippi | state | 2012 | | $7,000,000 | loan or bond financing |
| GE Aviation | Mississippi | state | 2012 | $75,000 | | training reimbursement |
| GE Aviation | Mississippi | state | 2015 | $175,000 | | training reimbursement |
| SMITHS INDUSTRIES AEROSPACE & DEFENSE SYS.INC | Michigan | local | 1992 | undisclosed | | property tax abatement |
| 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 |
| JOHNSON TECHNOLOGY, INC. | Michigan | local | 2000 | undisclosed | | property tax abatement |
| JOHNSON TECHNOLOGY INC. | Michigan | local | 2001 | undisclosed | | property tax abatement |
| SMITHS AEROSPACE INC | Michigan | local | 2003 | undisclosed | | property tax abatement |
| JOHNSON TECHNOLOGY INC | Michigan | local | 2005 | undisclosed | | property tax abatement |
| SMITHS AEROSPACE LLC | Michigan | local | 2005 | undisclosed | | property tax abatement |
| JOHNSON TECHNOLOGY INC | Michigan | local | 2005 | undisclosed | | property tax abatement |
| General Electric Company | Michigan | state | 2010 | $480,000 | | property tax abatement |
| Johnson Technology Inc. | Michigan | state | 2010 | $1,450,000 | | tax credit/rebate |
| General Electric Company | Michigan | state | 2010 | $580,000 | | tax credit/rebate |
| General Electric Company | Michigan | state | 2009 | $73,934,000 | | tax credit/rebate |
| Johnson Technology Inc. | Michigan | state | 2009 | $2,097,000 | | tax credit/rebate |
| General Electric Company | Michigan | state | 2010 | $2,341,000 | | tax credit/rebate |
| Johnson Technology Inc. | Michigan | state | 2010 | $2,185,000 | | tax credit/rebate |
| Johnson Technology Inc. | Michigan | state | 2010 | $202,000 | | tax credit/rebate |
| General Electric Company | Michigan | state | 2010 | $74,000 | | tax credit/rebate |
| Johnson Technology Inc. | Michigan | state | 2010 | $2,820,000 | | tax credit/rebate |
| General Electric Company | Michigan | state | 2010 | $810,000 | | tax credit/rebate |
| JOHNSON TECHNOLOGY INC | Michigan | local | 2007 | undisclosed | | property tax abatement |
| JOHNSON TECHNOLOGY INC | Michigan | local | 2008 | undisclosed | | property tax abatement |
| JOHNSON TECHNOLOGY,INC. | Michigan | local | 2008 | undisclosed | | property tax abatement |
| JOHNSON TECHNOLOGY INC | Michigan | local | 2010 | undisclosed | | property tax abatement |
| JOHNSON TECHNOLOGY INC | Michigan | local | 2010 | undisclosed | | property tax abatement |
| GENERAL ELECTRIC COMPANY | Michigan | local | 2010 | undisclosed | | property tax abatement |
| GENERAL ELECTRIC COMPANY | Michigan | local | 2010 | undisclosed | | property tax abatement |
| JOHNSON TECHNOLOGY,INC. | Michigan | local | 2011 | undisclosed | | property tax abatement |
| General Electric | Michigan | state | 2009 | $76,200,000 | | MEGADEAL  |
| GE Aviation Muskegon | Michigan | state | 2016 | $800,000 | | 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 | Massachusetts | multiple | 2016 | $145,000,000 | | MEGADEAL |
| GE Aviation Systems North America, Inc. | Maryland | state | 2010 | $8,621 | | tax credit/rebate |
| GE Aviation Systems North America, Inc. | Maryland | state | 2011 | $2,165 | | tax credit/rebate |
| GE Aviation Systems North America, Inc. (FNA Smiths Technologies North America, Inc. | Maryland | state | 2007 | $17,902 | | tax credit/rebate |
| GE Aviation Systems, North America, Inc. | Maryland | state | 2009 | $16,061 | | tax credit/rebate |
| GE Aviation Systems North America, Inc | Maryland | state | 2008 | $13,151 | | tax credit/rebate |
| 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 | Maine | state | 2010 | $795,099 | | property tax abatement |
| GENERAL ELECTRIC CREDIT CORP OF TN | Maine | state | 2010 | $54,165 | | property tax abatement |
| GE COMMERCIAL EQUIPMENT HOLDING LLC | Maine | state | 2010 | $28,897 | | property tax abatement |
| 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 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 | Maine | local | 2011 | $14,273,135 | | tax increment financing |
| 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 CREDIT CORP OF TN | Maine | state | 2013 | $6,552 | | property tax abatement |
| GENERAL ELECTRIC COMPANY | Maine | state | 2013 | $327,560 | | property tax abatement |
| GENERAL ELECTRIC COMPANY | Maine | state | 2014 | $696,388 | | property tax abatement |
| GE CAPITAL MANAGEMENT SERVICES CORP | Maine | state | 2014 | $44,845 | | property tax abatement |
| GENERAL ELECTRIC CREDIT CORP OF TN | Maine | state | 2014 | $8,280 | | property tax abatement |
| GENERAL ELECTRIC INTERNATIONAL, INC | Maine | state | 2014 | $1,503 | | property tax abatement |
