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 $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 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
General Electric Company Michigan state 2010 $480,000 property tax abatement
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 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
General Electric Company Pennsylvania state 2010 $363,475 tax credit/rebate
General Electric Aviation Vermont state 2010 $33,267 training reimbursement
General Electric Aviation Vermont state 2010 $250,000 training reimbursement
L M WINDPOWER BLADES Arkansas state 2010 $1,364,486 tax credit/rebate
General Electric Aviation Mississippi state 2010 $21,608 training reimbursement
BJ SERVICES Utah state 2010 $18,190 training reimbursement
JOHNSON TECHNOLOGY INC Michigan local 2010 undisclosed property tax abatement
JOHNSON TECHNOLOGY INC Michigan local 2010 undisclosed property tax abatement
GENERAL ELECTRIC COMPANY Michigan local 2010 undisclosed property tax abatement
GENERAL ELECTRIC COMPANY Michigan local 2010 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
GE HEALTHCARE IITS USA CORPORATION Washington state 2010 $195,702 tax credit/rebate
GE Aviation Mississippi state 2010 $8,461,500 grant
GE Aviation Mississippi state 2010 undisclosed tax credit/rebate
GE HEALTHCARE IITS USA CORPORATION Washington state 2010 $10,971 tax credit/rebate
GE LIGHTING INC Ohio state 2010 $250,000 grant
GENERAL ELECTRIC CO Ohio state 2010 $1,000,000 grant
GE LIGHTING INC Ohio state 2010 $19,387 grant
GE LIGHTING INC Ohio state 2010 $125,000 grant
GENERAL ELECTRIC CO Ohio state 2010 $62,388 grant
GENERAL ELECTRIC COMPANY Ohio state 2010 $5,000 grant
BAKER PETROLITE CORP Oklahoma state 2010 $263,137 tax credit/rebate
GE Aviation Systems North America, Inc. Maryland state 2010 $8,621 tax credit/rebate
GECAS ASSET MANAGEMENT SERVICES INC Tennessee local 2010 $2,920 property tax abatement
GE HEALTHCARE South Carolina state 2010 $90,720 training reimbursement
General Electric Expansion South Carolina state 2010 $26,627 training reimbursement
General Electric Company United States federal 2010 $1,500,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $441,567 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $76,987 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $8,640,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $4,000,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $350,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $29,606 federal grant
SMITHS AEROSPACE LLC United States federal 2010 $575,000 federal grant
SMITHS AEROSPACE LLC United States federal 2010 $400,000 federal grant
SMITHS AEROSPACE LLC United States federal 2010 $21,000 federal grant
DRESSER, INC United States federal 2010 $1,807,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $2,499,999 federal grant
GE LIGHTING SOLUTIONS, LLC United States federal 2010 $548,824 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $3,635,683 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $1,736,272 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $1,471,291 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $657,321 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $457,341 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $400,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $351,377 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $313,129 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $210,367 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $150,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $150,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $149,999 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $100,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $649,903 federal grant
BAKER HUGHES OILFIELD OPERATIONS, INC. United States federal 2010 $5,000,000 federal grant
DRESSER, INC. United States federal 2010 $240,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $3,408,485 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $3,000,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $2,390,210 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $2,085,062 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $539,839 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $445,069 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $291,060 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $107,930 federal grant
ALSTOM POWER INC United States federal 2010 $10,000,000 federal grant
ALSTOM POWER INC United States federal 2010 $2,722,936 federal grant
ALSTOM POWER INC United States federal 2010 $1,250,000 federal grant
ALSTOM POWER INC United States federal 2010 $1,250,000 federal grant
ALSTOM POWER INC United States federal 2010 $239,466 federal grant
ALSTOM POWER INC United States federal 2010 $68,254 federal grant
ALSTOM POWER INC United States federal 2010 $32,414 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $1,000,010 federal grant
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