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.
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Company Locationsort icon Subsidy Source Year Subsidy Value Loan/Bailout Value Type of Subsidy
Unison Industries, LLC New York state 2001 $10,000 enterprise zone
Unison Industries, LLC New York state 2002 $10,000 enterprise zone
G E HealthCare New York local 2016 $1,170,063 tax credit/rebate
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
Lufkin Industries, Inc. New York local 2016 $91,492 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
G E HealthCare New York local 2017 $1,272,707 tax credit/rebate
GE Rotterdam New York local 2017 $405,341 tax credit/rebate
Lufkin Industries, Inc. New York local 2017 $89,553 tax credit/rebate
GE Aviation/GL II Assoc. New York local 2017 $74,599 tax credit/rebate
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
Smiths Aerospace Components, Inc. North Carolina state 2008 $77,412 tax credit/rebate
Smiths Aerospace Components, Inc. North Carolina state 2009 $34,483 tax credit/rebate
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 North Carolina state 2011 $259,046 tax credit/rebate
Nuclear Fuel Holding Co., Inc. North Carolina state 2012 $15,000 tax credit/rebate
GE-Hitachi Nuclear Energy Holdings, LLC North Carolina state 2012 $40,500 tax credit/rebate
Nuclear Fuel Holding Co., Inc. North Carolina state 2012 $87,152 tax credit/rebate
GE-Hitachi Nuclear Energy Holdings, LLC North Carolina state 2012 $377,771 tax credit/rebate
Nuclear Fuel Holding Co., Inc. North Carolina state 2012 $7,819 tax credit/rebate
General Electric Co. North Carolina state 2012 $296,127 tax credit/rebate
General Electric Company North Carolina state 2013 $573,691 tax credit/rebate
Nuclear Fuel Holding Co., Inc. North Carolina state 2013 $44,441 tax credit/rebate
Nuclear Fuel Holding Co., Inc. North Carolina state 2013 $56,581 tax credit/rebate
General Electric (Aviation Division) North Carolina state 2013 $3,571,500 grant
General Electric North Carolina state 2008 $300,000 grant
General Electric Company North Carolina state 2014 $142,798 tax credit/rebate
Nuclear Fuel Holding Co., Inc. North Carolina state 2014 $9,450 tax credit/rebate
Nuclear Fuel Holding Co., Inc. North Carolina state 2014 $7,724 tax credit/rebate
Nuclear Fuel Holding Co., Inc. North Carolina state 2013 $44,441 tax credit/rebate
General Electric Company North Carolina state 2013 $573,691 tax credit/rebate
Nuclear Fuel Holding Co., Inc. North Carolina state 2012 $7,819 tax credit/rebate
General Electric Co. North Carolina state 2012 $296,127 tax credit/rebate
Nuclear Fuel Holding Co., Inc. North Carolina state 2014 $39,937 tax credit/rebate
General Electric Company North Carolina state 2014 $375,804 tax credit/rebate
Nuclear Fuel Holding Co., Inc. North Carolina state 2014 $7,724 tax credit/rebate
General Electric Company North Carolina local 2013 $615,000 grant
General Electric Company North Carolina local 2013 $585,000 grant
Nuclear Fuel Holding Co., Inc. North Carolina state 2015 $48,365 tax credit/rebate
General Electric Company North Carolina state 2016 $228,974 tax credit/rebate
General Electric Company North Carolina state 2015 $265,836 tax credit/rebate
General Electric Company North Carolina state 2015 $284,638 tax credit/rebate
General Electric Company North Carolina state 2016 $1,151,281 tax credit/rebate
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
GE LIGHTING INC Ohio state 2010 $250,000 grant
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
GE LIGHTING INC Ohio state 2010 $19,387 grant
GE LIGHTING INC Ohio state 2010 $125,000 grant
GE LIGHTING INC Ohio state 2011 $90,000 grant
GE LIGHTING INC Ohio state 2012 $285,000 grant
GENERAL ELECTRIC CO Ohio state 2012 $250,000 grant
GE LIGHTING INC Ohio state 2013 $111,043 grant
GENERAL ELECTRIC CO Ohio state 2013 $5,898 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
GE Lighting, Inc. Ohio state 2009 $477,171 tax credit/rebate
Baker Hughes Oilfield Operations, Inc. Ohio state 2012 $9,455,025 tax credit/rebate
GE LIGHTING INC Ohio state 2013 $111,043 training reimbursement
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
GE LIGHTING INC Ohio state 2014 $184,105 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
BAKER HUGHES OILFIELD OPERATIONS,INC Oklahoma state 2007 $304,408 tax credit/rebate
BAKER HUGHES OILFIELD OPERATIONS,INC Oklahoma state 2008 $340,498 tax credit/rebate
BAKER PETROLITE CORP Oklahoma state 2010 $263,137 tax credit/rebate
BAKER PETROLITE CORP Oklahoma state 2007 $338,084 tax credit/rebate
BAKER PETROLITE CORP Oklahoma state 2008 $343,257 tax credit/rebate
GE OIL & GAS ESP INC Oklahoma state 2013 $105,329 grant
GE OIL & GAS ESP INC Oklahoma state 2013 $113,470 grant
GE OIL & GAS ESP INC Oklahoma state 2013 $119,687 grant
GE OIL & GAS EXP INC #2 Oklahoma state 2012 $102,242 grant
GE OIL & GAS EXP INC #2 Oklahoma state 2012 $119,641 grant
GE OIL & GAS EXP INC #2 Oklahoma state 2012 $165,419 grant
GE OIL & GAS EXP INC #2 Oklahoma state 2012 $305,619 grant
GE OIL & GAS EXP INC #3 Oklahoma state 2012 $16,790 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
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