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 | $737,458,825 | 507 |
| Federal (grants and allocated tax credits) | $1,366,034,736 | 1,014 |
| TOTAL | $2,103,493,561 | 1,521 |
| 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 | $156,498,337 | 347 |
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 Subsidy |
|---|---|---|---|---|---|---|
| GE-Harris Railway Electronics, LLC | Florida | state | 1998 | $600,000 | tax credit/rebate | |
| 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 Betz, Inc. | Pennsylvania | state | 2012 | $302,784 | tax credit/rebate | |
| General Electric | Michigan | state | 2009 | $76,200,000 |
MEGADEAL  |
|
| 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 | |
| Baker Hughes Oilfield Operations, Inc. | Louisiana | state | 2012 | $3,482,113 | property tax abatement | |
| GE HEALTHCARE IITS USA CORPORATION | Washington | state | 2011 | $116,827 | tax credit/rebate | |
| GE HEALTHCARE IITS USA CORPORATION | Washington | state | 2011 | $10,971 | tax credit/rebate | |
| GE HEALTHCARE IITS USA CORPORATION | Washington | state | 2004 | $10,904 | tax credit/rebate | |
| GE HEALTHCARE IITS USA CORPORATION | Washington | state | 2005 | $10,904 | tax credit/rebate | |
| I D X SYSTEMS CORP | Washington | state | 2005 | $10,904 | tax credit/rebate | |
| GE HEALTHCARE IITS USA CORPORATION | Washington | state | 2006 | $184,800 | tax credit/rebate | |
| GE HEALTHCARE IITS USA CORPORATION | Washington | state | 2007 | $10,971 | tax credit/rebate | |
| GE HEALTHCARE IITS USA CORPORATION | Washington | state | 2008 | $195,771 | tax credit/rebate | |
| GE HEALTHCARE IITS USA CORPORATION | Washington | state | 2009 | $10,971 | 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 | |
| UNISON INDUSTRIES LLC | Ohio | state | 2009 | $5,000,000 | loan or bond financing | |
| GENERAL ELECTRIC | Ohio | state | 2008 | $100,000 | grant | |
| GENERAL ELECTRIC CO | Ohio | state | 2008 | $75,000 | grant | |
| GENERAL ELECTRIC COMPANY | Ohio | state | 2009 | $15,000 | grant | |
| GE LIGHTING INC | Ohio | state | 2010 | $19,387 | grant | |
| GE LIGHTING INC | Ohio | state | 2010 | $125,000 | grant | |
| GE LIGHTING INC | Ohio | state | 2011 | $90,000 | grant | |
| GE LIGHTING INC | Ohio | state | 2012 | $285,000 | grant | |
| GENERAL ELECTRIC CO | Ohio | state | 2012 | $250,000 | grant | |
| GE LIGHTING INC | Ohio | state | 2013 | $111,043 | grant | |
| GENERAL ELECTRIC CO | Ohio | state | 2013 | $5,898 | grant | |
| GENERAL ELECTRIC CO | Ohio | state | 2008 | $750,000 | grant | |
| GENERAL ELECTRIC COMPANY | Ohio | state | 2009 | $79,000 | grant | |
| GENERAL ELECTRIC CO | Ohio | state | 2010 | $62,388 | grant | |
| GENERAL ELECTRIC COMPANY | Ohio | state | 2010 | $5,000 | grant | |
| GENERAL ELECTRIC CO | Ohio | state | 2011 | $172,750 | grant | |
| GENERAL ELECTRIC CO | Ohio | state | 2011 | $207,000 | grant | |
| GE Lighting, Inc. | Ohio | state | 2009 | $477,171 | tax credit/rebate | |
| Baker Hughes Oilfield Operations, Inc. | Ohio | state | 2012 | $9,455,025 | tax credit/rebate | |
| BAKER HUGHES OILFIELD OPERATIONS,INC | Oklahoma | state | 2007 | $304,408 | tax credit/rebate | |
| BAKER HUGHES OILFIELD OPERATIONS,INC | Oklahoma | state | 2008 | $340,498 | tax credit/rebate | |
| BAKER PETROLITE CORP | Oklahoma | state | 2010 | $263,137 | tax credit/rebate | |
| BAKER PETROLITE CORP | Oklahoma | state | 2007 | $338,084 | tax credit/rebate | |
| BAKER PETROLITE CORP | Oklahoma | state | 2008 | $343,257 | tax credit/rebate | |
| GE OIL & GAS ESP INC | Oklahoma | state | 2013 | $105,329 | grant | |
| GE OIL & GAS ESP INC | Oklahoma | state | 2013 | $113,470 | grant | |
| GE OIL & GAS ESP INC | Oklahoma | state | 2013 | $119,687 | grant | |
| GE OIL & GAS EXP INC #2 | Oklahoma | state | 2012 | $102,242 | grant | |
| GE OIL & GAS EXP INC #2 | Oklahoma | state | 2012 | $119,641 | grant | |
| GE OIL & GAS EXP INC #2 | Oklahoma | state | 2012 | $165,419 | grant | |
| GE OIL & GAS EXP INC #2 | Oklahoma | state | 2012 | $305,619 | grant | |
| GE OIL & GAS EXP INC #3 | Oklahoma | state | 2012 | $16,790 | grant | |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $48,125 | grant | |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $71,462 | grant | |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $73,801 | grant | |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $78,369 | grant | |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $82,083 | grant | |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $94,297 | grant | |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $98,051 | grant | |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $99,518 | grant | |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $116,016 | grant | |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $125,580 | grant | |
| 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 | |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2008 | $71,498 | grant | |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2008 | $88,741 | grant | |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2008 | $89,989 | grant | |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2009 | $86,590 | grant | |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2009 | $115,231 | grant | |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2011 | $2,066 | grant | |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2011 | $3,833 | grant | |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2011 | $12,404 | grant | |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2011 | $13,309 | grant | |
| General Electric | New Hampshire | state | 2013 | $68,119 | training reimbursement | |
| 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 | Alabama | state | 2013 | $1,500 | cost reimbursement | |
| General Electric Company | Alabama | state | 2013 | $1,500 | cost reimbursement | |
| General Electric Company | Alabama | state | 2013 | $1,500 | cost reimbursement | |
| General Electric Company | Alabama | state | 2013 | $1,500 | cost reimbursement | |
| General Electric Company | Alabama | state | 2013 | $4,200 | cost reimbursement | |
| General Electric Company | Alabama | state | 2013 | $4,200 | cost reimbursement |
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