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 Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $737,490,654 | 509 |
| Federal (grants and allocated tax credits) | $1,438,899,361 | 1,040 |
| TOTAL | $2,176,390,015 | 1,549 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $17,000,000 | 3 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $160,900,304,376 | 328 |
| TOTAL | $160,917,304,376 | 331 |
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 awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| Ohio | $234,543,561 | 30 |
| Massachusetts | $148,150,000 | 2 |
| Michigan | $90,039,000 | 13 |
| North Carolina | $59,132,126 | 37 |
| Louisiana | $49,095,801 | 78 |
| All other | $156,530,166 | 349 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
| Company |
Location |
Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| GE Capital Financial Service Corporation et al. | Ohio | state | 1996 | undisclosed | tax credit/rebate | |
| GE Capital Financial Service Corporation | Ohio | state | 1999 | undisclosed | tax credit/rebate | |
| General Electric | Ohio | multiple | 2014 | $98,000,000 |
MEGADEAL  |
|
| GENERAL ELECTRIC CO | Ohio | state | 2014 | $250,000 | grant | |
| GE LIGHTING INC | Ohio | state | 2014 | $184,105 | grant | |
| THE GENERAL ELECTRIC COMPANY | Ohio | state | 2014 | $51,657,853 | tax credit/rebate | |
| UNISON INDUSTRIES LLC | Ohio | state | 2009 | $5,000,000 | loan or bond financing | |
| GENERAL ELECTRIC CO | Ohio | state | 2016 | $750,000 | grant/loan hybrid program | |
| GENERAL ELECTRIC CO | Ohio | state | 2016 | $750,000 | grant | |
| General Electric Company | North Carolina | state | 2003 | $7,533,327 | grant | |
| General Electric Company | North Carolina | state | 2005 | $4,124,000 | grant | |
| GE-Hitachi Nuclear Energy Americas LLC | North Carolina | state | 2008 | $34,277,000 | grant | |
| Smiths Aerospace | North Carolina | state | $2,384,000 | grant | ||
| Smiths Aerospace Components, Inc. | North Carolina | state | 2008 | $77,412 | tax credit/rebate | |
| Smiths Aerospace Components, Inc. | North Carolina | state | 2009 | $34,483 | tax credit/rebate | |
| GE-Hitachi Global Laser Enrichment, LLC | North Carolina | state | 2011 | $15,750 | tax credit/rebate | |
| GE-Hitachi Nuclear Energy Holdings, LLC | North Carolina | state | 2011 | $371,917 | tax credit/rebate | |
| General Electric Company | North Carolina | state | 2011 | $259,046 | tax credit/rebate | |
| Nuclear Fuel Holding Co., Inc. | North Carolina | state | 2012 | $15,000 | tax credit/rebate | |
| GE-Hitachi Nuclear Energy Holdings, LLC | North Carolina | state | 2012 | $40,500 | tax credit/rebate | |
| Nuclear Fuel Holding Co., Inc. | North Carolina | state | 2012 | $87,152 | tax credit/rebate | |
| GE-Hitachi Nuclear Energy Holdings, LLC | North Carolina | state | 2012 | $377,771 | tax credit/rebate | |
| Nuclear Fuel Holding Co., Inc. | North Carolina | state | 2012 | $7,819 | tax credit/rebate | |
| General Electric Co. | North Carolina | state | 2012 | $296,127 | tax credit/rebate | |
| General Electric Company | North Carolina | state | 2013 | $573,691 | tax credit/rebate | |
| Nuclear Fuel Holding Co., Inc. | North Carolina | state | 2013 | $44,441 | tax credit/rebate | |
| Nuclear Fuel Holding Co., Inc. | North Carolina | state | 2013 | $56,581 | tax credit/rebate | |
| General Electric (Aviation Division) | North Carolina | state | 2013 | $3,571,500 | grant | |
| General Electric | North Carolina | state | 2008 | $300,000 | grant | |
| General Electric Company | North Carolina | state | 2014 | $142,798 | tax credit/rebate | |
| Nuclear Fuel Holding Co., Inc. | North Carolina | state | 2014 | $9,450 | tax credit/rebate | |
| Nuclear Fuel Holding Co., Inc. | North Carolina | state | 2014 | $7,724 | tax credit/rebate | |
| Nuclear Fuel Holding Co., Inc. | North Carolina | state | 2013 | $44,441 | tax credit/rebate | |
| General Electric Company | North Carolina | state | 2013 | $573,691 | tax credit/rebate | |
| Nuclear Fuel Holding Co., Inc. | North Carolina | state | 2012 | $7,819 | tax credit/rebate | |
| General Electric Co. | North Carolina | state | 2012 | $296,127 | tax credit/rebate | |
| Nuclear Fuel Holding Co., Inc. | North Carolina | state | 2014 | $39,937 | tax credit/rebate | |
| General Electric Company | North Carolina | state | 2014 | $375,804 | tax credit/rebate | |
| Nuclear Fuel Holding Co., Inc. | North Carolina | state | 2014 | $7,724 | tax credit/rebate | |
| General Electric Company | North Carolina | local | 2013 | $615,000 | grant | |
| General Electric Company | North Carolina | local | 2013 | $585,000 | grant | |
| 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 | |
| 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 | |
| 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 | |
| GENERAL ELECTRIC COMPANY | New York | state | 2009 | $5,000,000 | grant | |
| 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 | |
| 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 | |
| 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 | |
| Alstom Power Inc. Air Preheater Company | New York | state | 2010 | $463,268 | enterprise zone | |
| Alstom Power Inc. Air Preheater Company | New York | state | 2008 | $951,646 | enterprise zone | |
| Alstom Power Inc. Air Preheater Company | New York | state | 2009 | $776,621 | enterprise zone | |
| Alstom Power Inc. Air Preheater Company | New York | state | 2011 | $465,722 | enterprise zone | |
| Alstom Power Inc. Air Preheater Company | New York | state | 2012 | $416,478 | enterprise zone | |
| Alstom Power Inc. Air Preheater Company | New York | state | 2013 | $391,890 | enterprise zone | |
| Everest VIT, Inc. | New York | state | 2004 | $59,000 | enterprise zone |
