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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 Sourcesort icon Year Subsidy Value Loan/Bailout Value Type of Subsidy
Alstom Power, Inc. Tennessee local 2011 undisclosed property tax abatement
Alstom Power, Inc. Tennessee local 2011 undisclosed property tax abatement
Alstom Power, Inc. Tennessee local 2011 undisclosed property tax abatement
Alstom Power, Inc. Tennessee local 2011 undisclosed property tax abatement
General Electric Co. Tennessee local 2011 undisclosed property tax abatement
General Electric Co. Tennessee local 2011 undisclosed property tax abatement
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
General Electric Maine local 2011 $14,273,135 tax increment financing
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
GENERAL ELECTRIC CREDIT CORP OF TENN Indiana local 2007 $597,900 property tax abatement
GE HITACHI NUCLEAR ENERGY AMERICAS LLC California local 2012 undisclosed tax credit/rebate
THE MEMPHIS GROUP INC Tennessee local 2008 $4,111 property tax abatement
GECAS ASSET MANAGEMENT SERVICES INC Tennessee local 2009 $3,343 property tax abatement
GECAS ASSET MANAGEMENT SERVICES INC Tennessee local 2010 $2,920 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
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
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
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
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 Florida local 2015 $6,600,000 grant
General Electric Florida local 2015 $3,000,000 grant
General Electric Company North Carolina local 2013 $615,000 grant
General Electric Company North Carolina local 2013 $585,000 grant
General Electric Florida local 2015 $500,000 grant
General Electric Oklahoma local 2014 $1,750,000 grant
Baker Hughes Oilfield Operations, Inc. Texas local 2011 undisclosed property tax abatement
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
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
G E HealthCare New York local 2017 $1,272,707 tax credit/rebate
GE Rotterdam New York local 2017 $405,341 tax credit/rebate
Lufkin Industries, Inc. New York local 2017 $89,553 tax credit/rebate
GE Aviation/GL II Assoc. New York local 2017 $74,599 tax credit/rebate
General Electric Ohio multiple 2009 $121,000,000 MEGADEAL
General Electric Ohio multiple 2014 $98,000,000 MEGADEAL
General Electric Massachusetts multiple 2016 $145,000,000 MEGADEAL
GE Capital Corporation Connecticut state 2001 $4,292,250 grant/loan hybrid program
GE Lighting, LLC - Lexington Lamp Plant Kentucky state 2011 $600,000 tax credit/rebate
GE Lighting, LLC - Lexington Lamp Plant Kentucky state 2011 $16,800 tax credit/rebate
GE Lighting, LLC Kentucky state 2001 $2,200,000 tax credit/rebate
B J Services Company, U.S.A. Kentucky state 2006 $850,000 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
General Electric Company Louisiana state 2009 $195,515 property tax abatement
Baker Hughes Inteq Louisiana state 2009 $84,193 property tax abatement
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