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 Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
GENERAL ELECTRIC COMPANY United States federal 2017 $898,366 federal grant
GENERAL ELECTRIC COMPANY United States federal 2013 $897,503 federal grant
GE CORPORATE RESEARCH & DEVELOPMENT United States federal 2014 $893,928 federal grant
ALSTOM POWER INC United States federal 2004 $890,000 federal grant
GE CORPORATE RESEARCH & DEVELOPMENT United States federal 2003 $881,731 federal grant
General Electric Global Research Center New York local 2003 $880,513 tax credit/rebate; property tax abatement
GE CORPORATE RESEARCH & DEVELOPMENT United States federal 2011 $871,719 federal grant
GENERAL ELECTRIC CO United States federal 2004 $867,621 federal grant
GE CORPORATE RESEARCH & DEVELOPMENT United States federal 2013 $865,154 federal grant
GE CORPORATE RESEARCH & DEVELOPMENT United States federal 2009 $856,465 federal grant
GE CORPORATE RESEARCH & DEVELOPMENT United States federal 2010 $852,587 federal grant
ALSTOM POWER INC. United States federal 2018 $851,664 federal grant
B J Services Company, U.S.A. Kentucky state 2006 $850,000 tax credit/rebate
GENERAL ELECTRIC COMPANY United States federal 2014 $850,000 federal grant
GE CORPORATE RESEARCH & DEVELOPMENT United States federal 2009 $843,614 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $841,928 federal grant
GENERAL ELECTRIC CO United States federal 2003 $839,029 federal grant
GENERAL ELECTRIC GLOBAL RESEARCH United States federal 2004 $835,206 federal grant
GENERAL ELECTRIC COMPANY United States federal 2012 $828,382 federal grant
GE CORPORATE RESEARCH & DEVELOPMENT United States federal 2015 $827,410 federal grant
GENERAL ELECTRIC COMPANY United States federal 2013 $825,000 federal grant
GE AVIATION SYSTEMS LLC United States federal 2016 $823,127 federal grant
GENERAL ELECTRIC COMPANY United States federal 2008 $820,035 federal grant
GENERAL ELECTRIC COMPANY United States federal 2008 $820,035 federal grant
GE CORPORATE RESEARCH & DEVELOPMENT United States federal 2005 $814,244 federal grant
GE CORPORATE RESEARCH & DEVELOPMENT United States federal 2008 $814,152 federal grant
General Electric Company Michigan state 2010 $810,000 tax credit/rebate
Baker Oil Tools Louisiana state 2008 $809,794 property tax abatement
GE CORPORATE RESEARCH & DEVELOPMENT United States federal 2012 $808,374 federal grant
OSMONICS, INC. United States federal 2002 $805,915 federal grant
GE Generators (Pensacola), LLC Florida state 2000 $804,000 tax credit/rebate
GE Clinical Services Florida state 2001 $800,000 tax credit/rebate
GENERAL ELECTRIC COMPANY United States federal 2007 $800,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2008 $800,000 federal grant
GENERAL ELECTRIC CO United States federal 2003 $800,000 federal grant
ALSTOM POWER INC United States federal 2004 $800,000 federal grant
ALSTOM POWER INC United States federal 2004 $800,000 federal grant
GE GLOBAL RESEARCH CENTER United States federal 2005 $800,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2012 $800,000 federal grant
GE Aviation Muskegon Michigan state 2016 $800,000 tax credit/rebate
GENERAL ELECTRIC COMPANY United States federal 2012 $799,958 federal grant
GENERAL ELECTRIC COMPANY United States federal 2002 $798,772 federal grant
Baker Hughes Oilfield Operations Inc United States federal 2012 $798,771 federal grant
GENERAL ELECTRIC COMPANY United States federal 2009 $796,895 federal grant
GENERAL ELECTRIC COMPANY Maine state 2010 $795,099 property tax abatement
GE CORPORATE RESEARCH & DEVELOPMENT United States federal 2013 $793,885 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $790,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2015 $790,000 federal grant
GE CORPORATE RESEARCH & DEVELOPMENT United States federal 2005 $780,426 federal grant
GENERAL ELECTRIC COMPANY United States federal 2014 $777,372 federal grant
Alstom Power Inc. Air Preheater Company New York state 2009 $776,621 enterprise zone
Baker Hughes Inteq Louisiana state 2012 $775,950 property tax abatement
DRESSER, INC United States federal 2005 $775,567 federal grant
GE CORPORATE RESEARCH & DEVELOPMENT United States federal 2016 $773,656 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $772,319 federal grant
GENERAL ELECTRIC COMPANY United States federal 2011 $771,339 federal grant
GENERAL ELECTRIC COMPANY United States federal 2012 $770,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2009 $769,780 federal grant
BAKER HUGHES OILFIELD OPERATIONS, INC. United States federal 2008 $768,480 federal grant
BAKER HUGHES OILFIELD OPERATIONS, INC. United States federal 2008 $768,480 federal grant
DRESSER, INC United States federal 2011 $760,789 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $760,747 federal grant
GENERAL ELECTRIC CO United States federal 2006 $760,000 federal grant
GE CORPORATE RESEARCH & DEVELOPMENT United States federal 2009 $754,015 federal grant
GENERAL ELECTRIC CO Ohio state 2008 $750,000 grant
GE Gas Turbines (Greenville), LLC (Same Project) South Carolina state 2014 $750,000 grant
GENERAL ELECTRIC COMPANY United States federal 2013 $750,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2011 $750,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2009 $750,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2005 $750,000 federal grant
GENERAL ELECTRIC CO Ohio state 2016 $750,000 grant/loan hybrid program
GENERAL ELECTRIC CO Ohio state 2016 $750,000 grant
GENERAL ELECTRIC COMPANY United States federal 2018 $749,999 federal grant
GENERAL ELECTRIC COMPANY United States federal 2011 $749,991 federal grant
GENERAL ELECTRIC COMPANY United States federal 2018 $749,990 federal grant
GENERAL ELECTRIC COMPANY United States federal 2012 $749,943 federal grant
GENERAL ELECTRIC COMPANY United States federal 2015 $749,322 federal grant
GE R&D General Electric Global Reaserch Center New York local 2005 $743,784 tax credit/rebate; property tax abatement
ALSTOM GRID LLC United States federal 2016 $742,465 federal grant
ALSTOM GRID LLC United States federal 2017 $742,465 federal grant
ALSTOM GRID LLC United States federal 2019 $742,465 federal grant
GENERAL ELECTRIC COMPANY United States federal 2018 $738,087 federal grant
BAKER HUGHES OILFIELD OPERATIONS United States federal 2004 $737,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2016 $726,456 federal grant
GE CORPORATE RESEARCH & DEVELOPMENT United States federal 2004 $725,047 federal grant
GENERAL ELECTRIC COMPANY United States federal 2000 $722,540 federal grant
GENERALELECTRIC COMPANY United States federal 2006 $719,926 federal grant
GENERAL ELECTRIC COMPANY United States federal 2009 $716,675 federal grant
DRESSER, INC United States federal 2006 $715,000 federal grant
GE CORPORATE RESEARCH & DEVELOPMENT United States federal 2011 $714,532 federal grant
GENERAL ELECTRIC COMPANY United States federal 2006 $710,000 federal grant
ALSTOM POWER INC United States federal 2011 $707,426 federal grant
ALSTOM POWER INC United States federal 2005 $703,000 federal grant
DRESSER, INC United States federal 2007 $700,000 federal grant
GENERAL ELECTRIC CO CORP RESEARCH & DEV DEPT United States federal 2000 $700,000 federal grant
ALSTOM POWER INC US POWER PLANT LABORATORIES United States federal 2002 $700,000 federal grant
GENERAL ELECTRIC CO United States federal 2004 $700,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2012 $700,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2014 $699,757 federal grant
GE CORPORATE RESEARCH & DEVELOPMENT United States federal 2006 $696,985 federal grant
ALSTOM POWER INC. United States federal 2017 $696,416 federal grant
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