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
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
General Electric Company Florida state 2015 $2,500,000 grant
General Electric Company Iowa state 2015 $930,000 grant
Alstom Power, Inc. Connecticut state 2015 undisclosed Enterprise Zone
GE Healthcare Bio-Sciences Corp. Massachusetts state 2015 $3,150,000 tax credit/rebate
GENERAL ELECTRIC COMPANY United States federal 2016 $4,670 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $100,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $200,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $265,500 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $1,058,640 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $250,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $2,400,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $5,999,948 federal grant
ALSTOM POWER INC. United States federal 2016 $296,416 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $332,997 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $451,282 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $1,324,985 federal grant
General Electric Massachusetts multiple 2016 $145,000,000 MEGADEAL
GENERAL ELECTRIC COMPANY United States federal 2016 $5,357,049 federal grant
GE AVIATION SYSTEMS LLC United States federal 2016 $823,127 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $1,177,064 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $4,299,285 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $199,999 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $726,456 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $87,258 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $1,725,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $437,140 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $545,290 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $1,725,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $1,800,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $294,137 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $3,039,289 federal grant
ALSTOM GRID LLC United States federal 2016 $742,465 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $2,561,429 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $3,610,000 federal grant
GE CORPORATE RESEARCH & DEVELOPMENT United States federal 2016 $773,656 federal grant
GENERAL ELECTRIC CO Ohio state 2016 $750,000 grant/loan hybrid program
General Electric International Operations Company, Inc. United States federal 2016 $4,922,394 federal loan or loan guarantee
General Electric International Operations Company, Inc. United States federal 2016 $3,181,529 federal loan or loan guarantee
General Electric International Operations Company, Inc. United States federal 2016 $303,721 federal loan or loan guarantee
General Electric International Operations Company, Inc. United States federal 2016 $267,056 federal loan or loan guarantee
General Electric Aviation United States federal 2016 $10,593,000 federal loan or loan guarantee
General Electric United States federal 2016 $250,000,000 federal loan or loan guarantee
General Electric United States federal 2016 $250,000,000 federal loan or loan guarantee
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
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
General Electric Company North Carolina state 2016 $228,974 tax credit/rebate
General Electric Company North Carolina state 2016 $1,151,281 tax credit/rebate
General Electric Company Florida state 2016 $2,000,000 tax credit/rebate
Baker Hughes Oilfield Operations Oklahoma state 2016 $29,823 property tax abatement
Baker Petrolite Corp Oklahoma state 2016 $4,732 property tax abatement
GE Oil & Gas Compression Oklahoma state 2016 $12,692 property tax abatement
GE Oil & Gass ESP INC Oklahoma state 2016 $13,991 property tax abatement
GE Healthcare IITS USA Corp. Pennsylvania state 2016 $47,305 tax credit/rebate
General Electric Company Tennessee local 2016 undisclosed property tax abatement
General Electric Company Tennessee local 2016 undisclosed property tax abatement
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
GENERAL ELECTRIC CO Ohio state 2016 $750,000 grant
Baker Hughes Oilfield Operations, Inc. Colorado state 2016 $231,355 tax credit/rebate
GE Aviation Muskegon Michigan state 2016 $800,000 tax credit/rebate
General Electric International Operations Company, Inc. United States federal 2017 $10,000,000 federal loan or loan guarantee
GENERAL ELECTRIC COMPANY United States federal 2017 $300,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2017 $336,664 federal grant
GENERAL ELECTRIC COMPANY United States federal 2017 $499,755 federal grant
ALSTOM POWER INC. United States federal 2017 $500,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2017 $511,435 federal grant
GENERAL ELECTRIC COMPANY United States federal 2017 $524,594 federal grant
GENERAL ELECTRIC COMPANY United States federal 2017 $548,352 federal grant
GENERAL ELECTRIC COMPANY United States federal 2017 $689,909 federal grant
ALSTOM POWER INC. United States federal 2017 $696,416 federal grant
ALSTOM GRID LLC United States federal 2017 $742,465 federal grant
GENERAL ELECTRIC COMPANY United States federal 2017 $898,366 federal grant
GENERAL ELECTRIC COMPANY United States federal 2017 $934,749 federal grant
GENERAL ELECTRIC COMPANY United States federal 2017 $1,355,466 federal grant
GENERAL ELECTRIC COMPANY United States federal 2017 $1,528,218 federal grant
GENERAL ELECTRIC COMPANY United States federal 2017 $1,564,924 federal grant
GENERAL ELECTRIC COMPANY United States federal 2017 $1,663,146 federal grant
GE-HITACHI NUCLEAR ENERGY AMERICAS LLC United States federal 2017 $1,743,861 federal grant
GENERAL ELECTRIC COMPANY United States federal 2017 $1,750,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2017 $1,933,139 federal grant
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