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 | $734,637,371 | 500 |
| Federal (grants and allocated tax credits) | $1,311,288,436 | 992 |
| TOTAL | $2,045,925,807 | 1,492 |
| 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) | $160,868,448,322 | 323 |
| TOTAL | $160,885,448,322 | 326 |
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 awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| Ohio | $234,543,561 | 30 |
| Massachusetts | $148,150,000 | 2 |
| Michigan | $89,239,000 | 12 |
| North Carolina | $59,132,126 | 37 |
| Louisiana | $49,095,801 | 78 |
| All other | $154,476,883 | 341 |
Individual Subsidy Records:
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| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| Nuclear Fuel Holding Co., Inc. | North Carolina | state | 2013 | $44,441 | tax credit/rebate | |
| GE CAPITAL MANAGEMENT SERVICES CORP | Maine | state | 2014 | $44,845 | property tax abatement | |
| GENERAL ELECTRIC CO ENERGY & RESEARCH | United States | federal | 2003 | $46,265 | federal grant | |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2007 | $46,658 | grant | |
| GE R&D 2005 | New York | local | 2014 | $46,681 | tax credit/rebate | |
| GE Healthcare IITS USA Corp. | Pennsylvania | state | 2016 | $47,305 | tax credit/rebate | |
| GE CAPITAL MANAGEMENT SERVICES CORP | Maine | state | 2016 | $47,752 | property tax abatement | |
| BAKER OILFIELD OPERATIONS | Oklahoma | state | 2014 | $47,762 | grant | |
| GE Energy | South Carolina | state | 2012 | $47,900 | training reimbursement | |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $48,125 | grant | |
| GE ENGINE SERVICES (GE TRANSPORTATION) | Missouri | state | 2008 | $48,219 | tax credit/rebate | |
| Nuclear Fuel Holding Co., Inc. | North Carolina | state | 2015 | $48,365 | tax credit/rebate | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2007 | $49,250 | federal grant | |
| GE R&D 2003 | New York | local | 2014 | $49,329 | tax credit/rebate | |
| GENERALELECTRIC COMPANY | United States | federal | 2004 | $49,387 | federal grant | |
| Unison Industries, LLC | New York | state | 2004 | $49,683 | enterprise zone | |
| Baker Hughes Oilfield Operations dba Drilling Services | Louisiana | state | 2016 | $49,891 | property tax abatement | |
| Unison Industries, LLC | Florida | state | 2011 | $50,000 | training reimbursement | |
| Unison Industries | Florida | state | 2012 | $50,000 | training reimbursement | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2004 | $50,000 | federal grant | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2009 | $50,000 | federal grant | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2006 | $50,000 | federal grant | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2005 | $50,000 | federal grant | |
| GENERAL ELECTRIC CAPITAL CORP | Maine | state | 2010 | $50,062 | property tax abatement | |
| GE CORPORATE R & D | United States | federal | 2003 | $50,999 | federal grant | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2004 | $52,223 | federal grant | |
| Dresser, Inc. | Louisiana | state | 2013 | $52,340 | property tax abatement | |
| GENERAL ELECTRIC CO CORP RESEARCH & DEV DEPT | United States | federal | 2003 | $53,161 | federal grant | |
| GE Energy Oilfield Technology | Louisiana | local | 2014 | $53,927 | property tax abatement | |
| GENERAL ELECTRIC CREDIT CORP OF TN | Maine | state | 2010 | $54,165 | property tax abatement | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2004 | $54,800 | federal grant | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2006 | $55,803 | federal grant | |
| Nuclear Fuel Holding Co., Inc. | North Carolina | state | 2013 | $56,581 | tax credit/rebate | |
| GENERALELECTRIC COMPANY | United States | federal | 2000 | $56,726 | federal grant | |
| GE Energy Management Svcs. | United States | federal | 2013 | $58,341 | federal grant | |
| Everest VIT, Inc. | New York | state | 2004 | $59,000 | enterprise zone | |
| GE CORPORATE RESEARCH & DEVELOPMENT | United States | federal | 2011 | $59,242 | federal grant | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2004 | $59,620 | federal grant | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2007 | $60,000 | federal grant | |
| ALSTOM POWER INC | United States | federal | 2012 | $60,000 | federal grant | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2006 | $60,000 | federal grant | |
| GE COMMERCIAL EQUIPMENT HOLDIN | Maine | state | 2009 | $60,677 | property tax abatement | |
| GENERALELECTRIC COMPANY | United States | federal | 2004 | $61,400 | federal grant | |
| ECOLOCHEM, INC. | Missouri | state | 2001 | $61,514 | tax credit/rebate | |
| GENERAL ELECTRIC CO | Ohio | state | 2010 | $62,388 | grant | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2008 | $62,395 | federal grant | |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2007 | $63,382 | grant | |
| GENERAL ELECTRIC CO & SUBS | Oklahoma | state | 2015 | $64,223 | grant | |
| Baker Hughes Oilfield Operations, inc dba Completions & Fishing | Louisiana | state | 2016 | $65,291 | property tax abatement | |
| GE R&D 2005 | New York | local | 2013 | $65,331 | tax credit/rebate; property tax abatement | |
| BAKER OILFIELD OPERATIONS | Oklahoma | state | 2014 | $66,999 | grant | |
| General Electric | New Hampshire | state | 2013 | $68,119 | training reimbursement | |
| Baker Hughes Oilfield Operations, Inc. | Louisiana | state | 2016 | $68,219 | property tax abatement | |
| ALSTOM POWER INC | United States | federal | 2010 | $68,254 | federal grant | |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2007 | $68,543 | grant | |
| BAKER OILFIELD OPERATIONS | Oklahoma | state | 2014 | $68,989 | grant | |
| GE Mobile Water, Inc. | Virginia | state | 2015 | $69,107 | enterprise zone | |
| Dresser, Inc. | Louisiana | state | 2012 | $69,208 | property tax abatement | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2007 | $70,000 | federal grant | |
| Baker Oil Tools | Louisiana | state | 2013 | $71,045 | property tax abatement | |
| Baker Hughes Oilfield Operations, Inc. | Colorado | state | 2017 | $71,116 | tax credit/rebate | |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $71,462 | grant | |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2008 | $71,498 | grant | |
| DRESSER, INC. | United States | federal | 2011 | $71,875 | federal grant | |
| BAKER HUGHES OILFIELD OPERATIONS | United States | federal | 2005 | $72,000 | federal grant | |
| GE MDS, LLC | New York | state | 2008 | $72,507 | enterprise zone | |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $73,801 | grant | |
| General Electric Company | Michigan | state | 2010 | $74,000 | tax credit/rebate | |
| GENERAL ELECTRIC CO | Ohio | state | 2008 | $75,000 | grant | |
| GE Aviation | Mississippi | state | 2012 | $75,000 | training reimbursement | |
| GENERALELECTRIC COMPANY | United States | federal | 2003 | $75,000 | federal grant | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2011 | $75,000 | federal grant | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2011 | $75,000 | federal grant | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2007 | $75,000 | federal grant | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2007 | $75,000 | federal grant | |
| GENERAL ELECTRIC CO | United States | federal | 2000 | $75,000 | federal grant | |
| Baker Hughes Oilfield Operations | Louisiana | state | 2016 | $75,188 | property tax abatement | |
| Baker Oil Tools | Louisiana | state | 2012 | $76,519 | property tax abatement | |
| DRESSER, INC. | United States | federal | 2012 | $76,583 | federal grant | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2010 | $76,987 | federal grant | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2008 | $77,100 | federal grant | |
| Smiths Aerospace Components, Inc. | North Carolina | state | 2008 | $77,412 | tax credit/rebate | |
| Baker Hughes Oilfield Operations dba Completions & Fishing | Louisiana | state | 2015 | $77,738 | property tax abatement | |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $78,369 | grant | |
| GENERAL ELECTRIC COMPANY | Ohio | state | 2009 | $79,000 | grant | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2006 | $80,000 | federal grant | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2008 | $80,000 | federal grant | |
| GENERALELECTRIC COMPANY | United States | federal | 2004 | $80,000 | federal grant | |
| ALSTOM POWER INC US POWER PLANT LABORATORIES | United States | federal | 2002 | $80,000 | federal grant | |
| GE Capital [for Kettle] (349633) | Oregon | state | 2013 | $80,130 | property tax abatement | |
| DRESSER, INC | United States | federal | 2005 | $81,000 | federal grant | |
| GENERAL ELECTRIC COMPANY INC | United States | federal | 2006 | $81,237 | federal grant | |
| GENERAL ELECTRIC CO | United States | federal | 2000 | $81,516 | federal grant | |
| WOOD GROUP ESP INC #2 | Oklahoma | state | 2011 | $82,083 | grant | |
| SMITHS AEROSPACE LLC | United States | federal | 2011 | $83,232 | federal grant | |
| GE HEALTHCARE IITS USA CORPORATION | Washington | state | 2014 | $83,296 | tax credit/rebate | |
| Baker Hughes Inteq | Louisiana | state | 2009 | $84,193 | property tax abatement | |
| WOOD GROUP ESP INC #3 | Oklahoma | state | 2009 | $86,590 | grant | |
| GENERAL ELECTRIC INTERNATIONAL, INC. | United States | federal | 2014 | $87,000 | federal grant | |
| ALSTOM POWER INC US POWER PLANT LABORATORIES | United States | federal | 2003 | $87,124 | federal grant | |
| Nuclear Fuel Holding Co., Inc. | North Carolina | state | 2012 | $87,152 | tax credit/rebate |
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