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 Location Subsidy Source Yearsort icon Subsidy Value Loan/Bailout Value Type of Subsidy
ALSTOM POWER INC United States federal 2001 $500,000 federal grant
GENERAL ELECTRIC CO CORP RESEARCH & DEV DEPT United States federal 2001 $413,000 federal grant
GENERAL ELECTRIC CO CORP RESEARCH & DEV DEPT United States federal 2001 $331,000 federal grant
GENERAL ELECTRIC CO POWER GENERATION United States federal 2001 $1,477,548 federal grant
GENERAL ELECTRIC CO CORP RESEARCH & DEV DEPT United States federal 2001 $135,000 federal grant
DRESSER EQUIPMENT GROUP INC United States federal 2001 $42,500 federal grant
GENERAL ELECTRIC CO United States federal 2001 $223,536 federal grant
Unison Industries, LLC New York state 2001 $10,000 enterprise zone
JOHNSON TECHNOLOGY, INC. Michigan local 2000 undisclosed property tax abatement
BJ Services Co USA Texas state 2000 undisclosed property tax abatement
GE Power Systems Florida state 2000 $666,951 grant
ALSTOM POWER, INC. Texas local 2000 undisclosed tax credit/rebate
Ecolochem, Inc. Texas local 2000 undisclosed tax credit/rebate
GE Generators (Pensacola), LLC Florida state 2000 $804,000 tax credit/rebate
GENERAL ELECTRIC COMPANY United States federal 2000 $246,186 federal grant
GE CORPORATION R&D United States federal 2000 $1,072,946 federal grant
GENERAL ELECTRIC COMPANY United States federal 2000 $722,540 federal grant
GENERAL ELECTRIC COMPANY (INC) United States federal 2000 $3,415,786 federal grant
GENERAL ELECTRIC COMPANY United States federal 2000 $120,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2000 $375,627 federal grant
GENERAL ELECTRIC COMPANY United States federal 2000 $359,011 federal grant
GENERAL ELECTRIC COMPANY United States federal 2000 $298,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2000 $100,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2000 $38,138 federal grant
GENERALELECTRIC COMPANY United States federal 2000 $56,726 federal grant
SMITHS INDUSTRIES, INC. United States federal 2000 $100,000 federal grant
SMITHS INDUSTRIES, INC. United States federal 2000 $20,225 federal grant
GENERAL ELECTRIC COMPANY INC United States federal 2000 $609,696 federal grant
GENERAL ELECTRIC CO United States federal 2000 $456,054 federal grant
GENERAL ELECTRIC CO CORP RESEARCH & DEV DEPT United States federal 2000 $981,786 federal grant
GENERAL ELECTRIC CO CORP RESEARCH & DEV DEPT United States federal 2000 $981,510 federal grant
GENERAL ELECTRIC CO United States federal 2000 $1,000,000 federal grant
GENERAL ELECTRIC CO CORP RESEARCH & DEV DEPT United States federal 2000 $500,000 federal grant
GENERAL ELECTRIC CO CORP RESEARCH & DEV DEPT United States federal 2000 $300,000 federal grant
GENERAL ELECTRIC CO CORP RESEARCH & DEV DEPT United States federal 2000 $700,000 federal grant
GENERAL ELECTRIC CO CORP RESEARCH & DEV DEPT United States federal 2000 $650,000 federal grant
GENERAL ELECTRIC CO CORP RESEARCH & DEV DEPT United States federal 2000 $535,000 federal grant
GENERAL ELECTRIC CO United States federal 2000 $158,000 federal grant
GENERAL ELECTRIC CO United States federal 2000 $81,516 federal grant
GENERAL ELECTRIC CO POWER GENERATION United States federal 2000 $14,373,000 federal grant
GENERAL ELECTRIC CO POWER GENERATION United States federal 2000 $6,139,958 federal grant
GENERAL ELECTRIC CO POWER GENERATION United States federal 2000 $522,452 federal grant
GENERAL ELECTRIC CO CORP RESEARCH & DEV DEPT United States federal 2000 $120,000 federal grant
GENERAL ELECTRIC CO United States federal 2000 $75,000 federal grant
GE Capital Financial Service Corporation Ohio state 1999 undisclosed tax credit/rebate
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
IDX Systems Corporation and Subsidiaries Vermont state 1998 $7,587,670 tax credit/rebate; property tax abatement
GE-Harris Railway Electronics, LLC Florida state 1998 $600,000 tax credit/rebate
GE Capital Financial Service Corporation et al. Ohio state 1996 undisclosed tax credit/rebate
SMITHS INDUSTRIES AEROSPACE & DEFENSE SYS.INC Michigan local 1992 undisclosed property tax abatement
Smiths Aerospace North Carolina state $2,384,000 grant
General Electric Company d/b/a GE Transportation Pennsylvania state $500,000 training reimbursement
GE Infrastructure Rail Pennsylvania state $249,880 training reimbursement
General Electric Company d/b/a GE Transportation Pennsylvania state $1,000,000 grant
General Electric Company Pennsylvania state $350,000 grant
Baker Hughes, Inc. Pennsylvania state $220,000 tax credit/rebate
LM Wind Power Arkansas state $30,084 tax credit/rebate
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