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 Source Yearsort icon Subsidy Value Loan/Bailout Value Type of Subsidy
General Electric Co United States federal 2008 $1,489,700,000 federal loan or loan guarantee
General Electric Co United States federal 2008 $198,600,000 federal loan or loan guarantee
General Electric Co United States federal 2008 $2,086,400,000 federal loan or loan guarantee
General Electric Co United States federal 2008 $99,400,000 federal loan or loan guarantee
General Electric Co United States federal 2008 $2,980,800,000 federal loan or loan guarantee
General Electric Co United States federal 2008 $49,800,000 federal loan or loan guarantee
General Electric North Carolina state 2008 $300,000 grant
LUFKIN INDUSTRIES, LLC Texas state 2008 undisclosed enterprise zone
LUFKIN INDUSTRIES, LLC Texas state 2008 undisclosed enterprise zone
Alstom Power Inc. Air Preheater Company New York state 2008 $951,646 enterprise zone
GE MDS, LLC New York state 2008 $72,507 enterprise zone
BAKER HUGHES OILFIELD OPERATIONS INC Oklahoma state 2008 $340,498 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
Alstom Power Inc. Air Preheater Company New York state 2007 $282,000 enterprise zone
GE MDS, LLC New York state 2007 $169,078 enterprise zone
GE R&D 2005 New York local 2007 $277,196 tax credit/rebate; property tax abatement
GE AVIATION SYSTEMS LLC Washington state 2007 undisclosed tax credit/rebate
NAVERUS INC Washington state 2007 undisclosed tax credit/rebate
GE HEALTHCARE IITS USA CORPORATION Washington state 2007 $101,631 tax credit/rebate
JOHNSON TECHNOLOGY INC Michigan local 2007 undisclosed property tax abatement
GE HEALTHCARE IITS USA CORPORATION Washington state 2007 $10,971 tax credit/rebate
BAKER HUGHES OILFIELD OPERATIONS,INC Oklahoma state 2007 $304,408 tax credit/rebate
BAKER PETROLITE CORP Oklahoma state 2007 $338,084 tax credit/rebate
WOOD GROUP ESP INC #3 Oklahoma state 2007 $46,658 grant
WOOD GROUP ESP INC #3 Oklahoma state 2007 $63,382 grant
WOOD GROUP ESP INC #3 Oklahoma state 2007 $68,543 grant
WOOD GROUP ESP INC #3 Oklahoma state 2007 $94,183 grant
GENERAL ELECTRIC CREDIT CORP OF TENN Indiana local 2007 $597,900 property tax abatement
General Electric Company West Virginia state 2007 undisclosed tax credit/rebate
General Electric Company West Virginia state 2007 undisclosed tax credit/rebate
GE Aviation Systems North America, Inc. (FNA Smiths Technologies North America, Inc. Maryland state 2007 $17,902 tax credit/rebate
General Electric Company United States federal 2007 $1,904,561 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $841,928 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $4,228,262 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $500,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $360,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $350,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $300,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $300,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $194,590 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $134,157 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $112,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $100,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $16,400 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $422,501 federal grant
General Electric Company United States federal 2007 $499,878 federal grant
General Electric Company United States federal 2007 $496,341 federal grant
General Electric Company United States federal 2007 $450,294 federal grant
DRESSER, INC United States federal 2007 $700,000 federal grant
DRESSER, INC United States federal 2007 $165,000 federal grant
DRESSER, INC United States federal 2007 $135,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $800,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $790,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $60,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $20,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $981,547 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $899,851 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $426,955 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $400,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $291,193 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $200,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $183,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $175,000 federal grant
GENERALELECTRIC COMPANY United States federal 2007 $362,671 federal grant
GENERALELECTRIC COMPANY United States federal 2007 $200,000 federal grant
GENERALELECTRIC COMPANY United States federal 2007 $200,000 federal grant
GENERALELECTRIC COMPANY United States federal 2007 $187,560 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $4,600,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $4,600,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $772,319 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $500,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $400,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $245,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $200,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $190,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $150,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $130,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $125,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $115,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $75,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $75,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $70,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $40,000 federal grant
GENERALELECTRIC COMPANY United States federal 2007 $32,880 federal grant
ALSTOM POWER INC United States federal 2007 $1,200,000 federal grant
ALSTOM POWER INC United States federal 2007 $1,200,000 federal grant
ALSTOM POWER INC United States federal 2007 $600,000 federal grant
ALSTOM POWER INC United States federal 2007 $400,445 federal grant
ALSTOM POWER INC United States federal 2007 $275,000 federal grant
ALSTOM POWER INC United States federal 2007 $270,000 federal grant
G E ENERGY & ENVIRONMENTAL RESEARCH CORPORATI United States federal 2007 $500,000 federal grant
G E ENERGY & ENVIRONMENTAL RESEARCH CORPORATI United States federal 2007 $91,000 federal grant
G E ENERGY & ENVIRONMENTAL RESEARCH CORPORATI United States federal 2007 $33,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $2,000,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $500,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $200,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $49,250 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $1,327,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $1,000,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $666,667 federal grant
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