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 |
|---|---|---|---|---|---|---|
| Baker Oil Tools | Louisiana | state | 2009 | $22,552 | 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 | |
| Baker Oil Tools | Louisiana | state | 2010 | $37,615 | property tax abatement | |
| Baker Oil Tools | Louisiana | state | 2011 | $23,253 | property tax abatement | |
| Baker Oil Tools | Louisiana | state | 2012 | $76,519 | property tax abatement | |
| Baker Oil Tools | Louisiana | state | 2012 | $636,700 | property tax abatement | |
| Baker Oil Tools | Louisiana | state | 2013 | $10,333 | property tax abatement | |
| Baker Oil Tools | Louisiana | state | 2013 | $71,045 | property tax abatement | |
| BAKER OILFIELD OPERATIONS | Oklahoma | state | 2014 | $201,412 | grant | |
| BAKER OILFIELD OPERATIONS | Oklahoma | state | 2014 | $168,582 | grant | |
| BAKER OILFIELD OPERATIONS | Oklahoma | state | 2014 | $162,548 | grant | |
| BAKER OILFIELD OPERATIONS | Oklahoma | state | 2014 | $122,006 | grant | |
| BAKER OILFIELD OPERATIONS | Oklahoma | state | 2014 | $91,686 | grant | |
| BAKER OILFIELD OPERATIONS | Oklahoma | state | 2014 | $68,989 | grant | |
| BAKER OILFIELD OPERATIONS | Oklahoma | state | 2014 | $66,999 | grant | |
| BAKER OILFIELD OPERATIONS | Oklahoma | state | 2014 | $47,762 | grant | |
| BAKER OILFIELD OPERATIONS | Oklahoma | state | 2014 | $38,011 | grant | |
| BAKER OILFIELD OPERATIONS | Oklahoma | state | 2014 | $26,832 | grant | |
| 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 | |
| Baker Petrolite Corp | Louisiana | state | 2016 | $34,314 | property tax abatement | |
| Baker Petrolite Corp | Louisiana | state | 2016 | $403,953 | property tax abatement | |
| Baker Petrolite Corp | Oklahoma | state | 2016 | $4,732 | property tax abatement | |
| BAKER PETROLITE LLC | Oklahoma | state | 2011 | $182,854 | tax credit/rebate | |
| BAKER PETROLITE LLC | Oklahoma | state | 2012 | $272,508 | tax credit/rebate | |
| BAKER PETROLITE LLC | Oklahoma | state | 2007 | $338,084 | tax credit/rebate | |
| BAKER PETROLITE LLC | Oklahoma | state | 2014 | $428,613 | tax credit/rebate | |
| BAKER PETROLITE LLC | Oklahoma | state | 2013 | $466,463 | tax credit/rebate | |
| BJ Services | Utah | state | 2011 | $24,260 | training reimbursement | |
| BJ SERVICES | Utah | state | 2010 | $18,190 | training reimbursement | |
| BJ Services Co USA | Texas | state | 2000 | undisclosed | property tax abatement | |
| BJ Services Co USA | Texas | state | 2001 | undisclosed | property tax abatement | |
| BJ Services Co USA | Texas | state | 2002 | undisclosed | property tax abatement | |
| BJ Services Co USA | Texas | state | 2003 | undisclosed | property tax abatement | |
| BJ Services Co USA | Texas | state | 2004 | undisclosed | property tax abatement | |
| BJ SERVICES COMPANY, U.S.A. | Texas | state | 2005 | undisclosed | enterprise zone | |
| BJ SERVICES COMPANY, U.S.A. | Texas | state | 2006 | undisclosed | enterprise zone | |
| BJ Services Company, USA | Louisiana | state | 2008 | $31,241 | property tax abatement | |
| BJ Services Company, USA | Louisiana | state | 2009 | $6,934 | property tax abatement | |
| Datex-ohmeda Inc | United States | federal | 2012 | $1,080,000 | federal loan or loan guarantee | |
| Datex-ohmeda Inc | United States | federal | 2011 | $492,388 | federal loan or loan guarantee | |
| DRESSER EQUIPMENT GROUP INC | United States | federal | 2001 | $42,500 | federal grant | |
| DRESSER, INC | United States | federal | 2009 | $1,900,000 | federal grant | |
| DRESSER, INC | United States | federal | 2008 | $1,866,758 | federal grant | |
| DRESSER, INC | United States | federal | 2010 | $1,807,000 | federal grant | |
| DRESSER, INC | United States | federal | 2006 | $900,000 | federal grant | |
| DRESSER, INC | United States | federal | 2005 | $775,567 | federal grant | |
| DRESSER, INC | United States | federal | 2011 | $760,789 | federal grant | |
| DRESSER, INC | United States | federal | 2006 | $715,000 | federal grant | |
| DRESSER, INC | United States | federal | 2007 | $700,000 | federal grant | |
| DRESSER, INC | United States | federal | 2011 | $300,000 | federal grant | |
| DRESSER, INC | United States | federal | 2006 | $280,000 | federal grant | |
| DRESSER, INC | United States | federal | 2007 | $165,000 | federal grant | |
| DRESSER, INC | United States | federal | 2011 | $150,000 | federal grant | |
| DRESSER, INC | United States | federal | 2007 | $135,000 | federal grant | |
| DRESSER, INC | United States | federal | 2005 | $100,000 | federal grant | |
| DRESSER, INC | United States | federal | 2005 | $81,000 | federal grant | |
| Dresser, Inc. | Louisiana | state | 2012 | $69,208 | property tax abatement | |
| Dresser, Inc. | Louisiana | state | 2013 | $52,340 | property tax abatement | |
| DRESSER, INC. | United States | federal | 2011 | $300,000 | federal grant | |
| DRESSER, INC. | United States | federal | 2011 | $290,000 | federal grant | |
| DRESSER, INC. | United States | federal | 2010 | $240,000 | federal grant | |
| DRESSER, INC. | United States | federal | 2011 | $180,000 | federal grant | |
| DRESSER, INC. | United States | federal | 2011 | $150,000 | federal grant | |
| DRESSER, INC. | United States | federal | 2012 | $76,583 | federal grant | |
| DRESSER, INC. | United States | federal | 2011 | $71,875 | federal grant | |
| Dresser, Inc. | United States | federal | 2008 | $630,000 | federal loan or loan guarantee | |
| Dresser, Inc. | United States | federal | 2010 | $630,000 | federal loan or loan guarantee | |
| Dresser, Inc. | Louisiana | local | 2014 | $184,536 | property tax abatement | |
| DRESSER, INC. | United States | federal | 2017 | $3,925,769 | federal grant | |
| Ecolochem Inc | Texas | state | 2001 | undisclosed | property tax abatement | |
| Ecolochem Inc | Texas | state | 2002 | undisclosed | property tax abatement | |
| Ecolochem Inc | Texas | state | 2003 | undisclosed | property tax abatement | |
| Ecolochem Inc | Texas | state | 2004 | undisclosed | property tax abatement | |
| Ecolochem Inc | Texas | state | 2005 | undisclosed | property tax abatement | |
| ECOLOCHEM, INC. | Missouri | state | 2001 | $61,514 | tax credit/rebate | |
| Ecolochem, Inc. | Texas | local | 2000 | undisclosed | tax credit/rebate | |
| 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 | |
| G E ENERGY & ENVIRONMENTAL RESEARCH CORPORATI | United States | federal | 2006 | $1,064,257 | federal grant | |
| G E ENERGY & ENVIRONMENTAL RESEARCH CORPORATI | United States | federal | 2006 | $200,000 | federal grant | |
| G E ENERGY & ENVIRONMENTAL RESEARCH CORPORATI | United States | federal | 2005 | $200,000 | federal grant | |
| G E ENERGY & ENVIRONMENTAL RESEARCH CORPORATI | United States | federal | 2007 | $500,000 | federal grant | |
| G E ENERGY & ENVIRONMENTAL RESEARCH CORPORATI | United States | federal | 2006 | $500,000 | federal grant | |
| G E ENERGY & ENVIRONMENTAL RESEARCH CORPORATI | United States | federal | 2007 | $91,000 | federal grant | |
| G E ENERGY & ENVIRONMENTAL RESEARCH CORPORATI | United States | federal | 2007 | $33,000 | federal grant | |
| G E HealthCare | New York | local | 2009 | $2,190,212 | tax credit/rebate; property tax abatement | |
| G E HealthCare | New York | local | 2010 | $1,537,596 | 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 | |
| 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 | |
| G E HealthCare | New York | local | 2015 | $1,571,856 | tax credit/rebate | |
| G E HealthCare | New York | local | 2016 | $1,170,063 | tax credit/rebate | |
| G E HealthCare | New York | local | 2017 | $1,272,707 | tax credit/rebate | |
| GE | United States | federal | 2006 | $499,699 | federal grant | |
| GE | United States | federal | 2006 | $453,472 | federal grant |
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