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
GE AVIATION SYSTEMS LLC Washington state 2012 undisclosed tax credit/rebate
GE AVIATION SYSTEMS LLC Washington state 2013 undisclosed tax credit/rebate
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 Company Pennsylvania state 2015 $2,478,966 tax credit/rebate
GE Energy Power Conversion USA, Inc. Pennsylvania state 2015 $121,671 tax credit/rebate
GE Betz, Inc. Pennsylvania state 2015 $8,497 tax credit/rebate
GE Gas Turbines (Greenville) LLC South Carolina state 2015 undisclosed tax credit/rebate
Nuclear Fuel Holding Co., Inc. North Carolina state 2015 $48,365 tax credit/rebate
General Electric Company North Carolina state 2016 $228,974 tax credit/rebate
General Electric Company North Carolina state 2015 $265,836 tax credit/rebate
General Electric Company North Carolina state 2015 $284,638 tax credit/rebate
General Electric Company North Carolina state 2016 $1,151,281 tax credit/rebate
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 Florida state 2016 $2,000,000 tax credit/rebate
GE Healthcare IITS USA Corp. Pennsylvania state 2016 $47,305 tax credit/rebate
General Electric Company West Virginia state 2010 undisclosed tax credit/rebate
General Electric Company of VA West Virginia state 2010 undisclosed tax credit/rebate
General Electric Company West Virginia state 2010 undisclosed tax credit/rebate
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
GE Healthcare IITS USA Corp. Pennsylvania state 2017 $43,118 tax credit/rebate
Baker Hughes Oilfield Operations, Inc. Colorado state 2017 $71,116 tax credit/rebate
Baker Hughes Oilfield Operations, Inc. Colorado state 2016 $231,355 tax credit/rebate
GE Healthcare Bio-Sciences Corp. Massachusetts state 2015 $3,150,000 tax credit/rebate
BAKER PETROLITE LLC Oklahoma state 2011 $182,854 tax credit/rebate
BAKER HUGHES OILFIELD OPERATIONS LLC Oklahoma state 2013 $186,755 tax credit/rebate
BAKER PETROLITE LLC Oklahoma state 2012 $272,508 tax credit/rebate
BAKER HUGHES OILFIELD OPERATIONS INC Oklahoma state 2011 $292,377 tax credit/rebate
BAKER HUGHES OILFIELD OPERATIONS INC Oklahoma state 2007 $304,408 tax credit/rebate
BAKER PETROLITE LLC Oklahoma state 2007 $338,084 tax credit/rebate
BAKER HUGHES OILFIELD OPERATIONS INC Oklahoma state 2008 $340,498 tax credit/rebate
BAKER HUGHES OILFIELD OPERATIONS INC Oklahoma state 2012 $377,993 tax credit/rebate
BAKER PETROLITE LLC Oklahoma state 2014 $428,613 tax credit/rebate
BAKER HUGHES OILFIELD OPERATIONS INC Oklahoma state 2009 $433,496 tax credit/rebate
BAKER PETROLITE LLC Oklahoma state 2013 $466,463 tax credit/rebate
BAKER HUGHES OILFIELD OPERATIONS LLC Oklahoma state 2014 $673,532 tax credit/rebate
GE Aviation Muskegon Michigan state 2016 $800,000 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 Global Research Center New York local 2003 $880,513 tax credit/rebate; property tax abatement
General Electric Global Research Center New York local 2004 $92,326 tax credit/rebate; property tax abatement
GE R&D General Electric Global Reaserch Center New York local 2005 $743,784 tax credit/rebate; property tax abatement
GE R&D General Electric Global Research Center New York local 2005 $335,748 tax credit/rebate; property tax abatement
GE R&D General Electric Global Reaserch Center New York local 2006 $178,338 tax credit/rebate; property tax abatement
GE R&D 2005 New York local 2007 $277,196 tax credit/rebate; property tax abatement
G E HealthCare New York local 2009 $2,190,212 tax credit/rebate; property tax abatement
General Electric One River Road New York local 2009 $2,000,000 tax credit/rebate; property tax abatement
GE R&D 2005 New York local 2009 $126,914 tax credit/rebate; property tax abatement
GE Inspection Technologies, LP New York local 2009 $94,229 tax credit/rebate; property tax abatement
GE Energy Learning Center New York local 2009 $14,181 tax credit/rebate; property tax abatement
IDX Systems Corporation and Subsidiaries Vermont state 1998 $7,587,670 tax credit/rebate; property tax abatement
IDX Systems Corporation and Subsidiaries Vermont state 2004 $3,759,522 tax credit/rebate; property tax abatement
IDX - City of South Burlington Vermont state 2004 $1,241,661 tax credit/rebate; 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
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
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
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 Maine local 2011 $14,273,135 tax increment financing
GE ENGINE SERVICES (GE TRANSPORTATION) Missouri state 2009 $500,000 training reimbursement
GE Capital Corporation Montana state 2008 $1,000,000 training reimbursement
General Electric New Hampshire state 2011 $100,000 training reimbursement
General Electric Company d/b/a GE Transportation Pennsylvania state $500,000 training reimbursement
GE Infrastructure Rail Pennsylvania state $249,880 training reimbursement
General Electric Aviation Vermont state 2010 $33,267 training reimbursement
General Electric Aviation Vermont state 2010 $250,000 training reimbursement
Alstom Power Inc Kansas state 2011 $15,385 training reimbursement
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