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 Location Subsidy Source Yearsort icon Subsidy Value Loan/Bailout Value Type of Subsidy
BAKER OILFIELD OPERATIONS Oklahoma state 2014 $168,582 grant
BAKER OILFIELD OPERATIONS Oklahoma state 2014 $162,548 grant
GE OIL & GAS ESP INC #2 Oklahoma state 2014 $128,066 grant
BAKER OILFIELD OPERATIONS Oklahoma state 2014 $122,006 grant
BAKER OILFIELD OPERATIONS Oklahoma state 2014 $91,686 grant
BAKER OILFIELD OPERATIONS Oklahoma state 2014 $68,989 grant
BAKER OILFIELD OPERATIONS Oklahoma state 2014 $66,999 grant
BAKER OILFIELD OPERATIONS Oklahoma state 2014 $47,762 grant
BAKER OILFIELD OPERATIONS Oklahoma state 2014 $38,011 grant
BAKER OILFIELD OPERATIONS Oklahoma state 2014 $26,832 grant
GE AVIATION RUTLAND FACILITY Vermont state 2014 $100,000 training reimbursement
General Electric Company Indiana state 2014 $1,700,000 grant
General Electric Company Indiana state 2014 $332,000 training reimbursement
Baker Hughes Oilfield Operations, Inc. Louisiana state 2014 $126,500 enterprise zone
Baker Hughes Oilfield Operations, Inc. Louisiana state 2014 $44,000 enterprise zone
Baker Hughes Oilfield Operations Louisiana local 2014 $236,931 property tax abatement
Baker Hughes Oilfield Operations Louisiana local 2014 $168,590 property tax abatement
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
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 2014 $39,937 tax credit/rebate
General Electric Company North Carolina state 2014 $375,804 tax credit/rebate
General Electric Company Tennessee local 2014 undisclosed property tax abatement
General Electric Company Tennessee local 2014 undisclosed property tax abatement
Alstom Power, Inc. & Alstom Power Turbo Tennessee local 2014 undisclosed property tax abatement
Alstom Power, Inc. & Alstom Power Turbo Tennessee local 2014 undisclosed property tax abatement
Alstom Power, Inc. & Alstom Power Turbo Tennessee local 2014 undisclosed property tax abatement
General Electric Company Indiana state 2014 $3,810,000 tax credit/rebate
Nuclear Fuel Holding Co., Inc. North Carolina state 2014 $7,724 tax credit/rebate
General Electric Company Pennsylvania state 2014 $557,873 tax credit/rebate
GE Betz, Inc. Pennsylvania state 2014 $211,849 tax credit/rebate
GE HEALTHCARE IITS USA CORPORATION Washington state 2014 $83,296 tax credit/rebate
General Electric Company United States federal 2014 $50,000,000 federal loan or loan guarantee
THE GENERAL ELECTRIC COMPANY Ohio state 2014 $51,657,853 tax credit/rebate
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
General Electric Oklahoma local 2014 $1,750,000 grant
BAKER PETROLITE LLC Oklahoma state 2014 $428,613 tax credit/rebate
BAKER HUGHES OILFIELD OPERATIONS LLC Oklahoma state 2014 $673,532 tax credit/rebate
GE LIGHTING INC Ohio state 2013 $111,043 grant
GENERAL ELECTRIC CO Ohio state 2013 $5,898 grant
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
General Electric New Hampshire state 2013 $68,119 training 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 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
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
GE Energy Power Conversion USA Inc Alabama state 2013 $13,520 cost reimbursement
GE Energy Power Conversion USA Inc Alabama state 2013 $13,520 cost reimbursement
GE Energy Power Conversion USA Inc Alabama state 2013 $13,520 cost reimbursement
GE Energy Power Conversion USA Inc Alabama state 2013 $13,520 cost reimbursement
General Electric Company Alabama state 2013 $1,500 cost reimbursement
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
GE LIGHTING INC Ohio state 2013 $111,043 training reimbursement
GENERAL ELECTRIC CO Ohio state 2013 $5,898 training reimbursement
GE Capital [for Kettle] (349633) Oregon state 2013 $80,130 property tax abatement
Baker Hughes Oilfield Operations, Inc Louisiana state 2013 $133,931 property tax abatement
Baker Hughes Oilfield Operations, Inc. Louisiana state 2013 $459,206 property tax abatement
Baker Hughes Oilfield Operations, Inc. Louisiana state 2013 $522,778 property tax abatement
Baker Oil Tools Louisiana state 2013 $10,333 property tax abatement
Baker Oil Tools Louisiana state 2013 $71,045 property tax abatement
Dresser, Inc. Louisiana state 2013 $52,340 property tax abatement
GE Energy Oilfield Technology Louisiana state 2013 $15,446 property tax abatement
General Electric Company Louisiana state 2013 $392,507 property tax abatement
General Electric Capital Corporation Louisiana state 2013 $10,168,719 tax credit/rebate
GENERAL ELECTRIC COMPANY United States federal 2013 $257,979 federal grant
GENERAL ELECTRIC COMPANY United States federal 2013 $142,622 federal grant
GENERAL ELECTRIC COMPANY United States federal 2013 $5,000,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2013 $2,800,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2013 $2,503,192 federal grant
GENERAL ELECTRIC COMPANY United States federal 2013 $1,750,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2013 $1,600,000 federal grant
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