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$737,490,654509
Federal (grants and allocated tax credits)$1,438,899,3611,040
TOTAL$2,176,390,0151,549
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$156,530,166349

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
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
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
Alstom Power Inc. Air Preheater Company New York state 2007 $282,000 enterprise zone
GE MDS, LLC New York state 2007 $169,078 enterprise zone
General Electric Global Research Center New York local 2003 $880,513 tax credit/rebate; property tax abatement
General Electric Global Research Center New York local 2004 $92,326 tax credit/rebate; property tax abatement
GE R&D General Electric Global Reaserch Center New York local 2005 $743,784 tax credit/rebate; property tax abatement
GE R&D General Electric Global Research Center New York local 2005 $335,748 tax credit/rebate; property tax abatement
GE R&D General Electric Global Reaserch Center New York local 2006 $178,338 tax credit/rebate; property tax abatement
GE R&D 2005 New York local 2007 $277,196 tax credit/rebate; property tax abatement
G E HealthCare New York local 2009 $2,190,212 tax credit/rebate; property tax abatement
General Electric One River Road New York local 2009 $2,000,000 tax credit/rebate; property tax abatement
GE R&D 2005 New York local 2009 $126,914 tax credit/rebate; property tax abatement
GE Inspection Technologies, LP New York local 2009 $94,229 tax credit/rebate; property tax abatement
GE Energy Learning Center New York local 2009 $14,181 tax credit/rebate; property tax abatement
GENERAL ELECTRIC COMPANY New York state 2009 $5,000,000 grant
G E HealthCare New York local 2010 $1,537,596 tax credit/rebate; property tax abatement
GE Energy Learning Center New York local 2010 $34,431 tax credit/rebate; property tax abatement
GE R&D 2005 New York local 2010 $348,902 tax credit/rebate; property tax abatement
GE R&D 2003 New York local 2010 $292,644 tax credit/rebate; property tax abatement
GE R&D 2005 New York local 2008 $370,495 tax credit/rebate; property tax abatement
GE Energy Learning Center New York local 2008 $32,791 tax credit/rebate; property tax abatement
GE R&D 2003 New York local 2008 $119,366 tax credit/rebate; property tax abatement
GE Energy Learning Center New York local 2011 $33,144 tax credit/rebate; property tax abatement
GE R&D 2003 New York local 2011 $140,762 tax credit/rebate; property tax abatement
GE Aviation/GL II Assoc. New York local 2011 $156,450 tax credit/rebate; property tax abatement
GE R&D 2005 New York local 2011 $346,685 tax credit/rebate; property tax abatement
G E HealthCare New York local 2011 $1,525,310 tax credit/rebate; property tax abatement
G E HealthCare New York local 2012 $6,768,652 tax credit/rebate; property tax abatement
GE R&D 2005 New York local 2012 $325,146 tax credit/rebate; property tax abatement
GE Aviation/GL II Assoc. New York local 2012 $156,450 tax credit/rebate; property tax abatement
GE R&D 2003 New York local 2012 $144,468 tax credit/rebate; property tax abatement
GE Energy Learning Center New York local 2012 $32,468 tax credit/rebate; property tax abatement
GE Energy Learning Center New York local 2013 $30,529 tax credit/rebate; property tax abatement
GE R&D 2005 New York local 2013 $65,331 tax credit/rebate; property tax abatement
GE Aviation/GL II Assoc. New York local 2013 $135,874 tax credit/rebate; property tax abatement
GE R&D 2003 New York local 2013 $148,995 tax credit/rebate; property tax abatement
G E HealthCare New York local 2013 $1,556,890 tax credit/rebate; property tax abatement
G E HealthCare New York local 2014 $1,585,323 tax credit/rebate
GE Rotterdam New York local 2014 $129,780 tax credit/rebate
GE Aviation/GL II Assoc. New York local 2014 $123,547 tax credit/rebate
GE R&D 2003 New York local 2014 $49,329 tax credit/rebate
GE R&D 2005 New York local 2014 $46,681 tax credit/rebate
GE Energy Learning Center New York local 2014 $28,323 tax credit/rebate
GE Energy Learning Center New York local 2015 $27,062 tax credit/rebate
GE R&D 2005 New York local 2015 $27,204 tax credit/rebate
Lufkin Industries, Inc. New York local 2015 $87,762 tax credit/rebate
GE Aviation/GL II Assoc. New York local 2015 $110,240 tax credit/rebate
GE Rotterdam New York local 2015 $423,228 tax credit/rebate
G E HealthCare New York local 2015 $1,571,856 tax credit/rebate
Alstom Power Inc. Air Preheater Company New York state 2010 $463,268 enterprise zone
Alstom Power Inc. Air Preheater Company New York state 2008 $951,646 enterprise zone
Alstom Power Inc. Air Preheater Company New York state 2009 $776,621 enterprise zone
Alstom Power Inc. Air Preheater Company New York state 2011 $465,722 enterprise zone
Alstom Power Inc. Air Preheater Company New York state 2012 $416,478 enterprise zone
Alstom Power Inc. Air Preheater Company New York state 2013 $391,890 enterprise zone
Everest VIT, Inc. New York state 2004 $59,000 enterprise zone
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