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 SummarySubsidy ValueNumber of Awards
State/Local$737,458,825507
Federal (grants and allocated tax credits)$1,366,034,7361,014
TOTAL$2,103,493,5611,521
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$17,000,0003
Federal loans, loan guarantees and bailout assistance (not including repayments)$160,900,304,376328
TOTAL$160,917,304,376331
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 awardsTotal Subsidy $Number of Awards
Ohio$234,543,56130
Massachusetts$148,150,0002
Michigan$90,039,00013
North Carolina$59,132,12637
Louisiana$49,095,80178
All other$156,498,337347

Individual Subsidy Records:

Click on the company name for more information on each subsidy award.
Download results as CSV or XML
Company Locationsort icon Subsidy Source Year Subsidy Value Loan/Bailout Value Type of Subsidy
Baker Hughes Oilfield Operations Louisiana local 2014 $307,682 property tax abatement
Baker Hughes Oilfield Operations dba Completions & Fishing Louisiana local 2014 $38,787 property tax abatement
Baker Hughes Oilfield Operations dba Drill Bits Louisiana local 2014 $25,422 property tax abatement
Baker Hughes Oilfield Operations, Inc. Louisiana local 2014 $2,150,471 property tax abatement
Baker Hughes Oilfield Operations, Inc. Louisiana local 2014 $18,214 property tax abatement
Baker Hughes Oilfield Operations, Inc. Louisiana local 2014 $167,286 property tax abatement
Dresser, Inc. Louisiana local 2014 $184,536 property tax abatement
GE Energy Oilfield Technology Louisiana local 2014 $53,927 property tax abatement
GE Oil & Gas Compression Systems, LLC Louisiana local 2014 $24,710 property tax abatement
General Electric Company Louisiana local 2014 $366,634 property tax abatement
Baker Hughes Oilfield Operations, Inc. Louisiana state 2014 $5,297,119 Tax Credit/Rebate
Baker Hughes Oilfield Operations, Inc. Louisiana state 2015 $217,346 property tax abatement
Baker Hughes Oilfield Operations, Inc. Louisiana state 2015 $114,455 property tax abatement
Baker Hughes Oilfield Operations, Inc. Louisiana state 2015 $95,313 property tax abatement
Baker Hughes Oilfield Operations dba Completions & Fishing Louisiana state 2015 $77,738 property tax abatement
Baker Hughes Oilfield Operations Louisiana state 2015 $28,041 property tax abatement
Baker Hughes Oilfield Operations Louisiana state 2015 $40,340 property tax abatement
Baker Hughes Oilfield Operations dba Drill Bits Louisiana state 2015 $28,962 property tax abatement
Baker Hughes Oilfield Operations Louisiana state 2015 $23,160 property tax abatement
Baker Petrolite Corp Louisiana state 2016 $34,314 property tax abatement
Baker Petrolite Corp Louisiana state 2016 $403,953 property tax abatement
Baker Hughes Oilfield Operations, Inc. Louisiana state 2016 $68,219 property tax abatement
General Electric Company Louisiana state 2016 $201,744 property tax abatement
Baker Hughes Oilfield Operations, Inc dba Drill Bits Louisiana state 2016 $91,859 property tax abatement
Baker Hughes Oilfield Operations dba Drilling Services Louisiana state 2016 $49,891 property tax abatement
Baker Hughes Oilfield Operations, inc dba Completions & Fishing Louisiana state 2016 $65,291 property tax abatement
Baker Hughes Oilfield Operations Louisiana state 2016 $75,188 property tax abatement
GENERAL ELECTRIC COMPANY Maine state 2010 $795,099 property tax abatement
GE CAPITAL MANAGEMENT SERVICES Maine state 2010 $257,754 property tax abatement
GENERAL ELECTRIC CREDIT CORP OF TN Maine state 2010 $54,165 property tax abatement
GENERAL ELECTRIC CAPITAL CORP Maine state 2010 $50,062 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
GE CAPITAL MANAGEMENT SERVICES Maine state 2009 $317,344 property tax abatement
GENERAL ELECTRIC CAPITAL CORP Maine state 2009 $127,042 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 CAPITAL COMMERCIAL INC Maine state 2009 $1,339 property tax abatement
GE CAPITAL COMMERCIAL INC F/K/A CITICORP LEASING INC Maine state 2011 $36,096 property tax abatement
GE CAPITAL MANAGEMENT SERVICES CORP Maine state 2011 $154,742 property tax abatement
GE COMMERCIAL EQUIPMENT HOLDING LLC Maine state 2011 $8,101 property tax abatement
GENERAL ELECTRIC CAPITAL CORP Maine state 2011 $22,262 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
GE CAPITAL MANAGEMENT SERVICES CORP Maine state 2012 $94,701 property tax abatement
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 CAPITAL CORP Maine state 2012 $21,720 property tax abatement
GE CAPITAL COMMERCIAL INC F/K/A CITICORP LEASING INC Maine state 2012 $7,116 property tax abatement
GE CAPITAL COMMERCIAL INC F/K/A CITICORP LEASING INC Maine state 2013 $4,907 property tax abatement
GENERAL ELECTRIC CREDIT CORP OF TN Maine state 2013 $6,552 property tax abatement
GENERAL ELECTRIC CAPITAL CORP Maine state 2013 $22,081 property tax abatement
GE CAPITAL MANAGEMENT SERVICES CORP Maine state 2013 $40,900 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 CAPITAL CORP Maine state 2014 $11,071 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
GE CAPITAL COMMERCIAL INC Maine state 2014 $1,130 property tax abatement
GE CAPITAL MANAGEMENT SERVICES CORP Maine state 2015 $40,137 property tax abatement
GENERAL ELECTRIC CREDIT CORP OF TN Maine state 2015 $7,237 property tax abatement
GENERAL ELECTRIC INTERNATIONAL, INC Maine state 2015 $1,101 property tax abatement
GENERAL ELECTRIC COMPANY Maine state 2015 $423,011 property tax abatement
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
GE CAPITAL MANAGEMENT SERVICES CORP Maine state 2016 $47,752 property tax abatement
GENERAL ELECTRIC CREDIT CORP OF TN Maine state 2016 $8,116 property tax abatement
GENERAL ELECTRIC CAPITAL CORP Maine state 2016 $1,741 property tax abatement
GE CAPITAL COMMERCIAL INC Maine state 2016 $10,665 property tax abatement
GENERAL ELECTRIC INTERNATIONAL, INC Maine state 2016 $1,380 property tax abatement
GENERAL ELECTRIC COMPANY Maine state 2016 $385,775 property tax abatement
GE EQUIP MIDTICKET LLC 2013 1 Maine state 2017 $1,056 property tax abatement
GENERAL ELECTRIC INTERNATIONAL, INC Maine state 2017 $1,101 property tax abatement
GE EQUIPMENT MIDTICKET LLC SER 2012 Maine state 2017 $2,099 property tax abatement
GENERAL ELECTRIC CREDIT CORP OF TN Maine state 2017 $3,121 property tax abatement
GE CAPITAL COMMERCIAL INC Maine state 2017 $12,469 property tax abatement
GENERAL ELECTRIC COMPANY Maine state 2017 $370,653 property tax abatement
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
General Electric Massachusetts multiple 2016 $145,000,000 MEGADEAL
GE Healthcare Bio-Sciences Corp. Massachusetts state 2015 $3,150,000 tax credit/rebate
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
Download results as CSV or XML