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 Locationsort icon Subsidy Source Year Subsidy Value Loan/Bailout Value Type of Subsidy
Johnson Technology Inc. Michigan state 2010 $1,450,000 tax credit/rebate
General Electric Company Michigan state 2010 $580,000 tax credit/rebate
General Electric Company Michigan state 2009 $73,934,000 tax credit/rebate
Johnson Technology Inc. Michigan state 2009 $2,097,000 tax credit/rebate
General Electric Company Michigan state 2010 $2,341,000 tax credit/rebate
Johnson Technology Inc. Michigan state 2010 $2,185,000 tax credit/rebate
Johnson Technology Inc. Michigan state 2010 $202,000 tax credit/rebate
General Electric Company Michigan state 2010 $74,000 tax credit/rebate
Johnson Technology Inc. Michigan state 2010 $2,820,000 tax credit/rebate
General Electric Company Michigan state 2010 $810,000 tax credit/rebate
JOHNSON TECHNOLOGY INC Michigan local 2007 undisclosed property tax abatement
JOHNSON TECHNOLOGY INC Michigan local 2008 undisclosed property tax abatement
JOHNSON TECHNOLOGY,INC. Michigan local 2008 undisclosed property tax abatement
JOHNSON TECHNOLOGY INC Michigan local 2010 undisclosed property tax abatement
JOHNSON TECHNOLOGY INC Michigan local 2010 undisclosed property tax abatement
GENERAL ELECTRIC COMPANY Michigan local 2010 undisclosed property tax abatement
GENERAL ELECTRIC COMPANY Michigan local 2010 undisclosed property tax abatement
JOHNSON TECHNOLOGY,INC. Michigan local 2011 undisclosed property tax abatement
General Electric Michigan state 2009 $76,200,000 MEGADEAL
GE Aviation Muskegon Michigan state 2016 $800,000 tax credit/rebate
General Electric Aviation Mississippi state 2009 $19,600 training reimbursement
General Electric Aviation Mississippi state 2010 $21,608 training reimbursement
General Electric Aviation Mississippi state 2011 $11,219 training reimbursement
GE Aviation Mississippi state 2010 $8,461,500 grant
GE Aviation Mississippi state 2010 undisclosed tax credit/rebate
GE Aviation -South Delta Mississippi state 2012 $100,000 training reimbursement
General Electric Mississippi state 2012 $7,000,000 loan or bond financing
GE Aviation Mississippi state 2012 $75,000 training reimbursement
GE Aviation Mississippi state 2015 $175,000 training reimbursement
ECOLOCHEM, INC. Missouri state 2001 $61,514 tax credit/rebate
GE ENGINE SERVICES (GE TRANSPORTATION) Missouri state 2008 $48,219 tax credit/rebate
GE ENGINE SERVICES (GE TRANSPORTATION) Missouri state 2009 $500,000 training reimbursement
General Electric Capital Corporation Montana state 2008 $625,000 grant/loan hybrid program
GE Capital Corporation Montana state 2008 $1,000,000 training reimbursement
General Electric New Hampshire state 2011 $100,000 training reimbursement
General Electric New Hampshire state 2011 $100,000 training reimbursement
General Electric New Hampshire state 2013 $68,119 training reimbursement
GE FANUC EMBEDDED SYSTEMS INC New Mexico state 2011 $42,315 tax credit/rebate
GE FANUC EMBEDDED SYSTEMS INC New Mexico state 2011 $26,721 tax credit/rebate
GE FANUC EMBEDDED SYSTEMS INC New Mexico state 2011 $13,332 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
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
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