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$734,637,371500
Federal (grants and allocated tax credits)$1,311,288,436992
TOTAL$2,045,925,8071,492
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)$160,868,448,322323
TOTAL$160,885,448,322326
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 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; GECAS ASSET MGT SVC; GENERAL ELEC [...]

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$89,239,00012
North Carolina$59,132,12637
Louisiana$49,095,80178
All other$154,476,883341

Individual Subsidy Records:

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Company Location Subsidy Sourcesort icon Year Subsidy Value Loan/Bailout Value Type of Subsidy
GE AVIATION SYSTEMS LLC Washington state 2011 undisclosed tax credit/rebate
GE AVIATION SYSTEMS LLC Washington state 2012 undisclosed tax credit/rebate
GE AVIATION SYSTEMS LLC Washington state 2013 undisclosed tax credit/rebate
THE GENERAL ELECTRIC COMPANY Ohio state 2014 $51,657,853 tax credit/rebate
Baker Hughes Oilfield Operations, Inc. Louisiana state 2015 $217,346 property tax abatement
Baker Hughes Oilfield Operations, Inc. Louisiana state 2015 $114,455 property tax abatement
Baker Hughes Oilfield Operations, Inc. Louisiana state 2015 $95,313 property tax abatement
Baker Hughes Oilfield Operations dba Completions & Fishing Louisiana state 2015 $77,738 property tax abatement
Baker Hughes Oilfield Operations Louisiana state 2015 $28,041 property tax abatement
Baker Hughes Oilfield Operations Louisiana state 2015 $40,340 property tax abatement
Baker Hughes Oilfield Operations dba Drill Bits Louisiana state 2015 $28,962 property tax abatement
Baker Hughes Oilfield Operations Louisiana state 2015 $23,160 property tax abatement
GE Aviation Mississippi state 2015 $175,000 training reimbursement
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 Company Pennsylvania state 2015 $2,478,966 tax credit/rebate
GE Energy Power Conversion USA, Inc. Pennsylvania state 2015 $121,671 tax credit/rebate
GE Betz, Inc. Pennsylvania state 2015 $8,497 tax credit/rebate
GE Gas Turbines (Greenville) LLC South Carolina state 2015 undisclosed tax credit/rebate
General Electric Virginia state 2013 $350,000 grant
GE Mobile Water, Inc. Virginia state 2015 $69,107 enterprise zone
General Electric Company Virginia state 2012 $302,000 training reimbursement
Baker Petrolite Corp Louisiana state 2016 $34,314 property tax abatement
Baker Petrolite Corp Louisiana state 2016 $403,953 property tax abatement
Baker Hughes Oilfield Operations, Inc. Louisiana state 2016 $68,219 property tax abatement
General Electric Company Louisiana state 2016 $201,744 property tax abatement
Baker Hughes Oilfield Operations, Inc dba Drill Bits Louisiana state 2016 $91,859 property tax abatement
Baker Hughes Oilfield Operations dba Drilling Services Louisiana state 2016 $49,891 property tax abatement
Baker Hughes Oilfield Operations, inc dba Completions & Fishing Louisiana state 2016 $65,291 property tax abatement
Baker Hughes Oilfield Operations Louisiana state 2016 $75,188 property tax abatement
GE CAPITAL MANAGEMENT SERVICES CORP Maine state 2016 $47,752 property tax abatement
GENERAL ELECTRIC CREDIT CORP OF TN Maine state 2016 $8,116 property tax abatement
GENERAL ELECTRIC CAPITAL CORP Maine state 2016 $1,741 property tax abatement
GE CAPITAL COMMERCIAL INC Maine state 2016 $10,665 property tax abatement
GENERAL ELECTRIC INTERNATIONAL, INC Maine state 2016 $1,380 property tax abatement
GENERAL ELECTRIC COMPANY Maine state 2016 $385,775 property tax abatement
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
GE Aviation Delaware state 2013 $1,114,833 grant/loan hybrid program
General Electric Company Florida state 2016 $2,000,000 tax credit/rebate
General Electric Company Florida state 2015 $2,500,000 grant
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
Everest VIT, Inc. New York state 2005 $1,215,000 enterprise zone
Everest VIT, Inc. New York state 2002 $94,556 enterprise zone
Everest VIT, Inc. New York state 2003 $35,345 enterprise zone
GE MDS, LLC New York state 2008 $72,507 enterprise zone
Unison Industries, LLC New York state 2004 $49,683 enterprise zone
Unison Industries, LLC New York state 2001 $10,000 enterprise zone
Unison Industries, LLC New York state 2002 $10,000 enterprise zone
Baker Hughes Oilfield Operations Oklahoma state 2016 $29,823 property tax abatement
Baker Petrolite Corp Oklahoma state 2016 $4,732 property tax abatement
GE Oil & Gas Compression Oklahoma state 2016 $12,692 property tax abatement
GE Oil & Gass ESP INC Oklahoma state 2016 $13,991 property tax abatement
GE Healthcare IITS USA Corp. Pennsylvania state 2016 $47,305 tax credit/rebate
General Electric Virginia state 2013 $350,000 grant
General Electric Company West Virginia state 2010 undisclosed tax credit/rebate
General Electric Company of VA West Virginia state 2010 undisclosed tax credit/rebate
General Electric Company West Virginia state 2010 undisclosed tax credit/rebate
General Electric Company Iowa state 2015 $930,000 grant
GENERAL ELECTRIC CO Ohio state 2016 $750,000 grant
GE Healthcare IITS USA Corp. Pennsylvania state 2017 $43,118 tax credit/rebate
Baker Hughes Oilfield Operations, Inc. Colorado state 2017 $71,116 tax credit/rebate
Baker Hughes Oilfield Operations, Inc. Colorado state 2016 $231,355 tax credit/rebate
Alstom Power, Inc. Connecticut state 2015 undisclosed Enterprise Zone
GE Healthcare Bio-Sciences Corp. Massachusetts state 2015 $3,150,000 tax credit/rebate
GE EQUIP MIDTICKET LLC 2013 1 Maine state 2017 $1,056 property tax abatement
GENERAL ELECTRIC INTERNATIONAL, INC Maine state 2017 $1,101 property tax abatement
GE EQUIPMENT MIDTICKET LLC SER 2012 Maine state 2017 $2,099 property tax abatement
GENERAL ELECTRIC CREDIT CORP OF TN Maine state 2017 $3,121 property tax abatement
GE CAPITAL COMMERCIAL INC Maine state 2017 $12,469 property tax abatement
GENERAL ELECTRIC COMPANY Maine state 2017 $370,653 property tax abatement
BAKER PETROLITE LLC Oklahoma state 2011 $182,854 tax credit/rebate
BAKER HUGHES OILFIELD OPERATIONS LLC Oklahoma state 2013 $186,755 tax credit/rebate
BAKER PETROLITE LLC Oklahoma state 2012 $272,508 tax credit/rebate
BAKER HUGHES OILFIELD OPERATIONS INC Oklahoma state 2011 $292,377 tax credit/rebate
BAKER HUGHES OILFIELD OPERATIONS INC Oklahoma state 2007 $304,408 tax credit/rebate
BAKER PETROLITE LLC Oklahoma state 2007 $338,084 tax credit/rebate
BAKER HUGHES OILFIELD OPERATIONS INC Oklahoma state 2008 $340,498 tax credit/rebate
BAKER HUGHES OILFIELD OPERATIONS INC Oklahoma state 2012 $377,993 tax credit/rebate
BAKER PETROLITE LLC Oklahoma state 2014 $428,613 tax credit/rebate
BAKER HUGHES OILFIELD OPERATIONS INC Oklahoma state 2009 $433,496 tax credit/rebate
BAKER PETROLITE LLC Oklahoma state 2013 $466,463 tax credit/rebate
BAKER HUGHES OILFIELD OPERATIONS LLC Oklahoma state 2014 $673,532 tax credit/rebate
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