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 Sourcesort icon Year Subsidy Value Loan/Bailout Value Type of Subsidy
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
GE Aviation Muskegon Michigan state 2016 $800,000 tax credit/rebate
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