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
General Electric Michigan state 2009 $76,200,000 MEGADEAL
General Electric Ohio multiple 2009 $121,000,000 MEGADEAL
General Electric Ohio multiple 2014 $98,000,000 MEGADEAL
General Electric Massachusetts multiple 2016 $145,000,000 MEGADEAL
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
GE COMMERCIAL EQUIPMENT HOLDIN Maine state 2009 $60,677 property tax abatement
GE CAPITAL COMMERCIAL INC Maine state 2009 $1,339 property tax abatement
GE CAPITAL COMMERCIAL INC F/K/A CITICORP LEASING INC Maine state 2011 $36,096 property tax abatement
GE CAPITAL MANAGEMENT SERVICES CORP Maine state 2011 $154,742 property tax abatement
GE COMMERCIAL EQUIPMENT HOLDING LLC Maine state 2011 $8,101 property tax abatement
GENERAL ELECTRIC CAPITAL CORP Maine state 2011 $22,262 property tax abatement
GENERAL ELECTRIC COMPANY Maine state 2011 $669,614 property tax abatement
GENERAL ELECTRIC CREDIT CORP OF TN Maine state 2011 $18,616 property tax abatement
JOHNSON TECHNOLOGY INC Michigan local 2007 undisclosed property tax abatement
JOHNSON TECHNOLOGY INC Michigan local 2008 undisclosed property tax abatement
JOHNSON TECHNOLOGY,INC. Michigan local 2008 undisclosed property tax abatement
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
JOHNSON TECHNOLOGY,INC. Michigan local 2011 undisclosed property tax abatement
Alstom Power, Inc. Tennessee local 2011 undisclosed property tax abatement
Alstom Power, Inc. Tennessee local 2011 undisclosed property tax abatement
Alstom Power, Inc. Tennessee local 2011 undisclosed property tax abatement
Alstom Power, Inc. Tennessee local 2011 undisclosed property tax abatement
General Electric Co. Tennessee local 2011 undisclosed property tax abatement
General Electric Co. Tennessee local 2011 undisclosed property tax abatement
Baker Hughes Inteq Louisiana state 2011 $643,938 property tax abatement
Baker Hughes Inteq Louisiana state 2011 $200,740 property tax abatement
Baker Hughes Oilfield Operations, Inc Louisiana state 2011 $99,436 property tax abatement
Baker Oil Tools Louisiana state 2011 $23,253 property tax abatement
General Electric Company Louisiana state 2011 $152,043 property tax abatement
Hydril Company Louisiana state 2011 $15,995 property tax abatement
GE CAPITAL MANAGEMENT SERVICES CORP Maine state 2012 $94,701 property tax abatement
GENERAL ELECTRIC CREDIT CORP OF TN Maine state 2012 $23,836 property tax abatement
GE COMMERCIAL EQUIPMENT HOLDING LLC Maine state 2012 $2,500 property tax abatement
GENERAL ELECTRIC INTERNATIONAL, INC Maine state 2012 $1,268 property tax abatement
GENERAL ELECTRIC COMPANY Maine state 2012 $662,786 property tax abatement
GENERAL ELECTRIC CAPITAL CORP Maine state 2012 $21,720 property tax abatement
GE CAPITAL COMMERCIAL INC F/K/A CITICORP LEASING INC Maine state 2012 $7,116 property tax abatement
GE Energy Oilfield Technology Louisiana state 2012 $8,487 property tax abatement
Baker Hughes Oilfield Operations, Inc Louisiana state 2012 $11,865 property tax abatement
General Electric Company Louisiana state 2012 $39,978 property tax abatement
Baker Hughes Oilfield Operations, Inc. Louisiana state 2012 $31,707 property tax abatement
Dresser, Inc. Louisiana state 2012 $69,208 property tax abatement
Baker Oil Tools Louisiana state 2012 $76,519 property tax abatement
Baker Hughes Oilfield Operations Louisiana state 2012 $265,736 property tax abatement
Baker Hughes Inteq Louisiana state 2012 $658,489 property tax abatement
Baker Hughes Inteq Louisiana state 2012 $775,950 property tax abatement
Baker Oil Tools Louisiana state 2012 $636,700 property tax abatement
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