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 Capital Credit Card Master Note Trust United States federal 2009 $12,000,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $308,200,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $10,100,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $18,400,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $18,200,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $25,300,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $12,800,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $10,100,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $69,000,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $10,100,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $12,900,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $12,000,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $10,100,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $10,100,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $10,100,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $18,400,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $46,000,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $157,500,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $34,000,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $87,400,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $363,300,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $18,400,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $41,400,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $10,100,000 federal loan or loan guarantee
GE Dealer Floorplan Master Note Trust United States federal 2009 $20,000,000 federal loan or loan guarantee
GE Dealer Floorplan Master Note Trust United States federal 2009 $414,100,000 federal loan or loan guarantee
GE Commercial Mortgage Corporation Series 2005-C1 United States federal 2009 $22,400,000 federal loan or loan guarantee
GE Commercial Mortgage Corporation Series 2005-C4 United States federal 2009 $26,700,000 federal loan or loan guarantee
GE Commercial Mortgage Corporation Series 2005-C4 United States federal 2009 $15,800,000 federal loan or loan guarantee
GE Commercial Mortgage Corporation, Series 2007-C1 Trust United States federal 2009 $13,200,000 federal loan or loan guarantee
GE Commercial Mortgage Corporation, Series 2007-C1 Trust United States federal 2009 $13,200,000 federal loan or loan guarantee
GE Commercial Mortgage Corporation, Series 2007-C1 Trust United States federal 2009 $14,900,000 federal loan or loan guarantee
GE Commercial Mortgage Corporation, Series 2007-C1 Trust United States federal 2009 $10,600,000 federal loan or loan guarantee
GE Commercial Mortgage Corporation, Series 2007-C1 Trust United States federal 2009 $31,700,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $14,100,000 federal loan or loan guarantee
GE Equipment Midticket LLC, Series 2009-1 United States federal 2009 $10,300,000 federal loan or loan guarantee
GE Equipment Midticket LLC, Series 2009-1 United States federal 2009 $52,600,000 federal loan or loan guarantee
GE Equipment Midticket LLC, Series 2009-1 United States federal 2009 $10,300,000 federal loan or loan guarantee
GE Equipment Midticket LLC, Series 2009-1 United States federal 2009 $11,500,000 federal loan or loan guarantee
GE Equipment Midticket LLC, Series 2009-1 United States federal 2009 $12,000,000 federal loan or loan guarantee
GE Equipment Midticket LLC, Series 2009-1 United States federal 2009 $13,800,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $13,200,000 federal loan or loan guarantee
GE Commercial Mortgage Corporation Series 2004-C3 United States federal 2009 $15,800,000 federal loan or loan guarantee
GE Commercial Mortgage Corporation Series 2005-C1 United States federal 2009 $20,000,000 federal loan or loan guarantee
GE Commercial Mortgage Corporation Series 2005-C4 United States federal 2009 $26,400,000 federal loan or loan guarantee
GE Dealer Floorplan Master Note Trust United States federal 2009 $87,000,000 federal loan or loan guarantee
GE Dealer Floorplan Master Note Trust United States federal 2009 $43,500,000 federal loan or loan guarantee
GE Dealer Floorplan Master Note Trust United States federal 2009 $73,100,000 federal loan or loan guarantee
GE Dealer Floorplan Master Note Trust United States federal 2009 $26,100,000 federal loan or loan guarantee
GE Dealer Floorplan Master Note Trust United States federal 2009 $87,000,000 federal loan or loan guarantee
GE Commercial Mortgage Corporation Series 2005-C4 United States federal 2009 $34,500,000 federal loan or loan guarantee
GE Capital Credit Card Master Note Trust United States federal 2009 $28,100,000 federal loan or loan guarantee
LUFKIN INDUSTRIES, LLC Texas state 2009 undisclosed enterprise zone
LUFKIN INDUSTRIES, LLC Texas state 2009 undisclosed enterprise zone
General Electric Capital Corporation United States federal 2009 $130,850,000,000 federal loan or loan guarantee
UNISON INDUSTRIES LLC Ohio state 2009 $5,000,000 loan or bond financing
Alstom Power Inc. Air Preheater Company New York state 2009 $776,621 enterprise zone
BAKER HUGHES OILFIELD OPERATIONS INC Oklahoma state 2009 $433,496 tax credit/rebate
Baker Oil Tools Louisiana state 2008 $809,794 property tax abatement
Hydril Company Louisiana state 2008 $577,930 property tax abatement
Baker Oil Tools Louisiana state 2008 $369,656 property tax abatement
General Electric Company Louisiana state 2008 $178,356 property tax abatement
Baker Hughes Inteq Louisiana state 2008 $146,908 property tax abatement
Hydril Company Louisiana state 2008 $98,278 property tax abatement
Baker Hughes Inteq Louisiana state 2008 $38,142 property tax abatement
BJ Services Company, USA Louisiana state 2008 $31,241 property tax abatement
Baker Oil Tools Louisiana state 2008 $26,128 property tax abatement
GE ENGINE SERVICES (GE TRANSPORTATION) Missouri state 2008 $48,219 tax credit/rebate
General Electric Capital Corporation Montana state 2008 $625,000 grant/loan hybrid program
GE Capital Corporation Montana state 2008 $1,000,000 training reimbursement
GE-Hitachi Nuclear Energy Americas LLC North Carolina state 2008 $34,277,000 grant
Smiths Aerospace Components, Inc. North Carolina state 2008 $77,412 tax credit/rebate
General Electric Company Pennsylvania state 2008 $1,451,925 tax credit/rebate
GE AVIATION SYSTEMS LLC Washington state 2008 undisclosed tax credit/rebate
NAVERUS INC Washington state 2008 undisclosed tax credit/rebate
GE HEALTHCARE IITS USA CORPORATION Washington state 2008 $131,043 tax credit/rebate
JOHNSON TECHNOLOGY INC Michigan local 2008 undisclosed property tax abatement
JOHNSON TECHNOLOGY,INC. Michigan local 2008 undisclosed 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 HEALTHCARE IITS USA CORPORATION Washington state 2008 $195,771 tax credit/rebate
GENERAL ELECTRIC Ohio state 2008 $100,000 grant
GENERAL ELECTRIC CO Ohio state 2008 $75,000 grant
GENERAL ELECTRIC CO Ohio state 2008 $750,000 grant
BAKER HUGHES OILFIELD OPERATIONS,INC Oklahoma state 2008 $340,498 tax credit/rebate
BAKER PETROLITE CORP Oklahoma state 2008 $343,257 tax credit/rebate
WOOD GROUP ESP INC #3 Oklahoma state 2008 $71,498 grant
WOOD GROUP ESP INC #3 Oklahoma state 2008 $88,741 grant
WOOD GROUP ESP INC #3 Oklahoma state 2008 $89,989 grant
GE Aviation Systems North America, Inc Maryland state 2008 $13,151 tax credit/rebate
THE MEMPHIS GROUP INC Tennessee local 2008 $4,111 property tax abatement
GENERAL ELECTRIC South Carolina state 2008 $131,714 training reimbursement
GENERAL ELECTRIC COMPANY United States federal 2008 $2,715,986 federal grant
GENERAL ELECTRIC COMPANY United States federal 2008 $2,000,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2008 $1,679,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2008 $1,033,209 federal grant
GENERAL ELECTRIC COMPANY United States federal 2008 $500,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2008 $500,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2008 $500,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2008 $246,394 federal grant
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