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 Year Subsidy Value Loan/Bailout Value Type of Subsidysort icon
Baker Oil Tools Louisiana state 2012 $636,700 property tax abatement
Baker Hughes Oilfield Operations, Inc. Louisiana state 2012 $3,482,113 property tax abatement
GENERAL ELECTRIC CREDIT CORP OF TENN Indiana local 2007 $597,900 property tax abatement
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 Capital [for Kettle] (349633) Oregon state 2013 $80,130 property tax abatement
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
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 COMPANY Maine state 2014 $696,388 property tax abatement
GE CAPITAL MANAGEMENT SERVICES CORP Maine state 2014 $44,845 property tax abatement
GENERAL ELECTRIC CAPITAL CORP Maine state 2014 $11,071 property tax abatement
GENERAL ELECTRIC CREDIT CORP OF TN Maine state 2014 $8,280 property tax abatement
GENERAL ELECTRIC INTERNATIONAL, INC Maine state 2014 $1,503 property tax abatement
GE CAPITAL COMMERCIAL INC Maine state 2014 $1,130 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
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
GE CAPITAL MANAGEMENT SERVICES CORP Maine state 2015 $40,137 property tax abatement
GENERAL ELECTRIC CREDIT CORP OF TN Maine state 2015 $7,237 property tax abatement
GENERAL ELECTRIC INTERNATIONAL, INC Maine state 2015 $1,101 property tax abatement
GENERAL ELECTRIC COMPANY Maine state 2015 $423,011 property tax abatement
GENERAL ELECTRIC CAPITAL CORP Maine state 2015 $5,509 property tax abatement
GE CAPITAL COMMERCIAL INC F/K/A CITICORP LEASING INC Maine state 2015 $5,465 property tax abatement
Baker Hughes Oilfield Operations, Inc. Louisiana state 2015 $217,346 property tax abatement
Baker Hughes Oilfield Operations, Inc. Louisiana state 2015 $114,455 property tax abatement
Baker Hughes Oilfield Operations, Inc. Louisiana state 2015 $95,313 property tax abatement
Baker Hughes Oilfield Operations dba Completions & Fishing Louisiana state 2015 $77,738 property tax abatement
Baker Hughes Oilfield Operations Louisiana state 2015 $28,041 property tax abatement
Baker Hughes Oilfield Operations Louisiana state 2015 $40,340 property tax abatement
Baker Hughes Oilfield Operations dba Drill Bits Louisiana state 2015 $28,962 property tax abatement
Baker Hughes Oilfield Operations Louisiana state 2015 $23,160 property tax abatement
Baker Hughes Oilfield Operations, Inc. Texas local 2011 undisclosed property tax abatement
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
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
General Electric Company Tennessee local 2016 undisclosed property tax abatement
General Electric Company Tennessee local 2016 undisclosed property tax abatement
GE EQUIP MIDTICKET LLC 2013 1 Maine state 2017 $1,056 property tax abatement
GENERAL ELECTRIC INTERNATIONAL, INC Maine state 2017 $1,101 property tax abatement
GE EQUIPMENT MIDTICKET LLC SER 2012 Maine state 2017 $2,099 property tax abatement
GENERAL ELECTRIC CREDIT CORP OF TN Maine state 2017 $3,121 property tax abatement
GE CAPITAL COMMERCIAL INC Maine state 2017 $12,469 property tax abatement
GENERAL ELECTRIC COMPANY Maine state 2017 $370,653 property tax abatement
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
Johnson Technology Inc. Michigan state 2010 $1,450,000 tax credit/rebate
General Electric Company Michigan state 2010 $580,000 tax credit/rebate
General Electric Company Michigan state 2009 $73,934,000 tax credit/rebate
Johnson Technology Inc. Michigan state 2009 $2,097,000 tax credit/rebate
General Electric Company Michigan state 2010 $2,341,000 tax credit/rebate
Johnson Technology Inc. Michigan state 2010 $2,185,000 tax credit/rebate
Johnson Technology Inc. Michigan state 2010 $202,000 tax credit/rebate
General Electric Company Michigan state 2010 $74,000 tax credit/rebate
Johnson Technology Inc. Michigan state 2010 $2,820,000 tax credit/rebate
General Electric Company Michigan state 2010 $810,000 tax credit/rebate
ECOLOCHEM, INC. Missouri state 2001 $61,514 tax credit/rebate
GE ENGINE SERVICES (GE TRANSPORTATION) Missouri state 2008 $48,219 tax credit/rebate
Smiths Aerospace Components, Inc. North Carolina state 2008 $77,412 tax credit/rebate
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