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.
Download results as CSV or XML
Company Location Subsidy Source Year Subsidy Value Loan/Bailout Value Type of Subsidysort icon
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
LM Wind Power Arkansas state $30,084 tax credit/rebate
General Electric Company West Virginia state 2008 undisclosed tax credit/rebate
General Electric Company West Virginia state 2008 undisclosed 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
Baker Oil Tools Louisiana state 2009 $22,552 property tax abatement
BJ Services Company, USA Louisiana state 2009 $6,934 property tax abatement
Baker Oil Tools Louisiana state 2010 $515,370 property tax abatement
Baker Oil Tools Louisiana state 2010 $482,246 property tax abatement
General Electric Company Louisiana state 2010 $104,474 property tax abatement
Baker Oil Tools Louisiana state 2010 $37,615 property tax abatement
GE Energy Oilfield Technology Louisiana state 2010 $20,258 property tax abatement
GE Energy Oilfield Technology Louisiana state 2010 $7,217 property tax abatement
GENERAL ELECTRIC COMPANY Maine state 2010 $795,099 property tax abatement
GE CAPITAL MANAGEMENT SERVICES Maine state 2010 $257,754 property tax abatement
GENERAL ELECTRIC CREDIT CORP OF TN Maine state 2010 $54,165 property tax abatement
GENERAL ELECTRIC CAPITAL CORP Maine state 2010 $50,062 property tax abatement
GE COMMERCIAL EQUIPMENT HOLDING LLC Maine state 2010 $28,897 property tax abatement
SMITHS INDUSTRIES AEROSPACE & DEFENSE SYS.INC Michigan local 1992 undisclosed property tax abatement
JOHNSON TECHNOLOGY INC Michigan local 1998 undisclosed property tax abatement
SMITHS INDUSTRIES AEROSPACE/DEFENSE Michigan local 1998 undisclosed property tax abatement
JOHNSON TECHNOLOGY INC. Michigan local 1998 undisclosed property tax abatement
JOHNSON TECHNOLOGY INC Michigan local 1998 undisclosed property tax abatement
JOHNSON TECHNOLOGY, INC. Michigan local 2000 undisclosed property tax abatement
JOHNSON TECHNOLOGY INC. Michigan local 2001 undisclosed property tax abatement
SMITHS AEROSPACE INC Michigan local 2003 undisclosed property tax abatement
JOHNSON TECHNOLOGY INC Michigan local 2005 undisclosed property tax abatement
SMITHS AEROSPACE LLC Michigan local 2005 undisclosed property tax abatement
JOHNSON TECHNOLOGY INC Michigan local 2005 undisclosed property tax abatement
General Electric Company Michigan state 2010 $480,000 property tax abatement
BJ Services Co USA Texas state 2000 undisclosed property tax abatement
BJ Services Co USA Texas state 2001 undisclosed property tax abatement
Ecolochem Inc Texas state 2001 undisclosed property tax abatement
Alstom Power Incorporated Texas state 2002 undisclosed property tax abatement
BJ Services Co USA Texas state 2002 undisclosed property tax abatement
Ecolochem Inc Texas state 2002 undisclosed property tax abatement
Alstom Power Incorporated Texas state 2003 undisclosed property tax abatement
BJ Services Co USA Texas state 2003 undisclosed property tax abatement
Ecolochem Inc Texas state 2003 undisclosed property tax abatement
BJ Services Co USA Texas state 2004 undisclosed property tax abatement
Ecolochem Inc Texas state 2004 undisclosed property tax abatement
Ecolochem Inc Texas state 2005 undisclosed property tax abatement
GENERAL ELECTRIC COMPANY Maine state 2009 $980,789 property tax abatement
GE CAPITAL MANAGEMENT SERVICES Maine state 2009 $317,344 property tax abatement
GENERAL ELECTRIC CAPITAL CORP Maine state 2009 $127,042 property tax abatement
GENERAL ELECTRIC CREDIT CORP O Maine state 2009 $109,272 property tax abatement
Download results as CSV or XML