Subsidy Tracker Parent Company Summary
Parent Company Name:
General Electric
Ownership Structure:
publicly traded (ticker symbol GE)
Headquartered in:
Massachusetts
Major Industry:
diversified
Specific Industry:
diversified
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $737,458,825 | 507 |
| Federal (grants and allocated tax credits) | $1,366,034,736 | 1,014 |
| TOTAL | $2,103,493,561 | 1,521 |
| 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) | $160,900,304,376 | 328 |
| TOTAL | $160,917,304,376 | 331 |
Time Period for State and Local Awards:
Earliest year of data: 1992. 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.
Associated Names:
ALSTOM GRID; ALSTOM POWER; BAKER HUGHES; BAKER HUGHES OILFIELD OPERATIONS DBA DRILLING SVC; BAKER OIL TOOLS; BAKER OILFIELD OPERATIONS; BAKER PETROLITE; BJ SVC USA; DATEX OHMEDA; DRESSER; DRESSER GE; ECOLOCHEM; EVEREST VIT; GE AVIATION; GE AVIATION MUSKEGON; GE BETZ; GE CAPITAL; GE EQUIP MIDTICKET LLC 2013 1; GE EQUIPMENT MIDTICKET LLC SER 2012; GE HEALTHCARE; GE Healthcare Bio-Sciences Corp.; GE HITACHI NUCLEAR ENERGY; GE OIL AND GAS; GE OIL AND GAS COMPRESSION; GE OIL AND GASS ESP; GE PACKAGED [...]
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.
For a summary of this company's federal contracts, see its page on Fedspending.
For an overview of political contributions associated with this company, see its Follow the Money page.
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| Ohio | $234,543,561 | 30 |
| Massachusetts | $148,150,000 | 2 |
| Michigan | $90,039,000 | 13 |
| North Carolina | $59,132,126 | 37 |
| Louisiana | $49,095,801 | 78 |
| All other | $156,498,337 | 347 |
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 |
|---|---|---|---|---|---|---|
| GE CAPITAL COMMERCIAL INC F/K/A CITICORP LEASING INC | Maine | state | 2012 | $7,116 | property tax abatement | |
| GE R&D 2005 | New York | local | 2016 | $7,034 | tax credit/rebate | |
| BJ Services Company, USA | Louisiana | state | 2009 | $6,934 | property tax abatement | |
| GENERAL ELECTRIC CREDIT CORP OF TN | Maine | state | 2013 | $6,552 | property tax abatement | |
| 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 | |
| GENERAL ELECTRIC CO | Ohio | state | 2013 | $5,898 | grant | |
| GENERAL ELECTRIC CO | Ohio | state | 2013 | $5,898 | training reimbursement | |
| GENERAL ELECTRIC CAPITAL CORP | Maine | state | 2015 | $5,509 | property tax abatement | |
| GE CAPITAL COMMERCIAL INC F/K/A CITICORP LEASING INC | Maine | state | 2015 | $5,465 | property tax abatement | |
| GENERAL ELECTRIC COMPANY | Ohio | state | 2010 | $5,000 | grant | |
| GE CAPITAL COMMERCIAL INC F/K/A CITICORP LEASING INC | Maine | state | 2013 | $4,907 | property tax abatement | |
| Baker Petrolite Corp | Oklahoma | state | 2016 | $4,732 | property tax abatement | |
| GE AVIATION | South Carolina | state | 2009 | $4,682 | training reimbursement | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2016 | $4,670 | federal grant | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2005 | $4,275 | federal grant | |
| 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 | |
| THE MEMPHIS GROUP INC | Tennessee | local | 2008 | $4,111 | property tax abatement | |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2011 | $3,833 | grant | |
| GECAS ASSET MANAGEMENT SERVICES INC | Tennessee | local | 2009 | $3,343 | property tax abatement | |
| ALSTOM GRID INC | Washington | state | 2012 | $3,158 | tax credit/rebate | |
| ALSTOM GRID INC | Washington | state | 2013 | $3,158 | tax credit/rebate | |
| GENERAL ELECTRIC CREDIT CORP OF TN | Maine | state | 2017 | $3,121 | property tax abatement | |
| GECAS ASSET MANAGEMENT SERVICES INC | Tennessee | local | 2010 | $2,920 | property tax abatement | |
| ALSTOM POWER INC | United States | federal | 2008 | $2,502 | federal grant | |
| GE COMMERCIAL EQUIPMENT HOLDING LLC | Maine | state | 2012 | $2,500 | property tax abatement | |
| GENERAL ELECTRIC CO & SUBS | Oklahoma | state | 2015 | $2,253 | grant | |
| GE Aviation Systems North America, Inc. | Maryland | state | 2011 | $2,165 | tax credit/rebate | |
| GE EQUIPMENT MIDTICKET LLC SER 2012 | Maine | state | 2017 | $2,099 | property tax abatement | |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2011 | $2,066 | grant | |
| GENERAL ELECTRIC CAPITAL CORP | Maine | state | 2016 | $1,741 | property tax abatement | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2002 | $1,662 | federal grant | |
| GENERAL ELECTRIC CO & SUBS | Oklahoma | state | 2015 | $1,616 | grant | |
| GENERAL ELECTRIC INTERNATIONAL, INC | Maine | state | 2014 | $1,503 | property tax abatement | |
| 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 | $1,500 | cost reimbursement | |
| GENERAL ELECTRIC INTERNATIONAL, INC | Maine | state | 2016 | $1,380 | property tax abatement | |
| GE CAPITAL COMMERCIAL INC | Maine | state | 2009 | $1,339 | property tax abatement | |
| GENERAL ELECTRIC INTERNATIONAL, INC | Maine | state | 2012 | $1,268 | property tax abatement | |
| GENERALELECTRIC COMPANY | United States | federal | 2005 | $1,204 | federal grant | |
| GE CAPITAL COMMERCIAL INC | Maine | state | 2014 | $1,130 | property tax abatement | |
| GENERAL ELECTRIC INTERNATIONAL, INC | Maine | state | 2015 | $1,101 | property tax abatement | |
| GENERAL ELECTRIC INTERNATIONAL, INC | Maine | state | 2017 | $1,101 | property tax abatement | |
| GE EQUIP MIDTICKET LLC 2013 1 | Maine | state | 2017 | $1,056 | property tax abatement | |
| 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 | Ohio | state | 2006 | undisclosed | enterprise zone | |
| 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 | |
| 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 | |
| General Electric | Texas | state | 2009 | undisclosed | training reimbursement | |
| Hydril Company | Texas | state | 2011 | undisclosed | training reimbursement | |
| ALSTOM POWER, INC. | Texas | local | 2000 | undisclosed | tax credit/rebate | |
| Ecolochem, Inc. | Texas | local | 2000 | undisclosed | 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 | |
| Alstom Power, Inc. | Tennessee | local | 2011 | undisclosed | property tax abatement | |
| Alstom Power, Inc. | Tennessee | local | 2011 | undisclosed | property tax abatement | |
| Alstom Power, Inc. | Tennessee | local | 2011 | undisclosed | property tax abatement | |
| Alstom Power, Inc. | Tennessee | local | 2011 | undisclosed | property tax abatement | |
| General Electric Co. | Tennessee | local | 2011 | undisclosed | property tax abatement | |
| General Electric Co. | Tennessee | local | 2011 | undisclosed | property tax abatement |
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