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$734,637,371500
Federal (grants and allocated tax credits)$1,311,288,436992
TOTAL$2,045,925,8071,492
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)$160,868,448,322323
TOTAL$160,885,448,322326
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 awardsTotal Subsidy $Number of Awards
Ohio$234,543,56130
Massachusetts$148,150,0002
Michigan$89,239,00012
North Carolina$59,132,12637
Louisiana$49,095,80178
All other$154,476,883341

Individual Subsidy Records:

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Company Location Subsidy Source Yearsort icon Subsidy Value Loan/Bailout Value Type of Subsidy
GENERAL ELECTRIC COMPANY United States federal 2008 $220,253 federal grant
GENERAL ELECTRIC COMPANY United States federal 2008 $115,603 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
GENERAL ELECTRIC COMPANY United States federal 2008 $820,035 federal grant
GENERAL ELECTRIC COMPANY United States federal 2008 $820,035 federal grant
GENERAL ELECTRIC COMPANY United States federal 2008 $3,292,005 federal grant
GENERAL ELECTRIC COMPANY United States federal 2008 $1,336,473 federal grant
GENERAL ELECTRIC COMPANY United States federal 2008 $1,336,473 federal grant
GENERAL ELECTRIC COMPANY United States federal 2008 $21,614 federal grant
ALSTOM POWER INC United States federal 2008 $584,742 federal grant
ALSTOM POWER INC United States federal 2008 $500,000 federal grant
ALSTOM POWER INC United States federal 2008 $2,502 federal grant
GENERAL ELECTRIC COMPANY United States federal 2008 $62,395 federal grant
GENERAL ELECTRIC COMPANY United States federal 2008 $3,600,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2008 $1,900,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2008 $280,507 federal grant
GE-HITACHI NUCLEAR ENERGY AMERICAS LLC United States federal 2008 $20,000,000 federal grant
GE-HITACHI NUCLEAR ENERGY AMERICAS LLC United States federal 2008 $15,000,000 federal grant
GE-HITACHI NUCLEAR ENERGY AMERICAS LLC United States federal 2008 $5,490,428 federal grant
GE-HITACHI NUCLEAR ENERGY AMERICAS LLC United States federal 2008 $5,093,360 federal grant
GE-HITACHI NUCLEAR ENERGY AMERICAS LLC United States federal 2008 $3,700,000 federal grant
GE-HITACHI NUCLEAR ENERGY AMERICAS LLC United States federal 2008 $2,000,000 federal grant
GE-HITACHI NUCLEAR ENERGY AMERICAS LLC United States federal 2008 $2,000,000 federal grant
GE CORPORATE RESEARCH & DEVELOPMENT United States federal 2008 $814,152 federal grant
Dresser, Inc. United States federal 2008 $630,000 federal loan or loan guarantee
General Electric Capital Corporation United States federal 2008 $716,612 federal loan or loan guarantee
General Electric International, Inc. United States federal 2008 $830,241 federal loan or loan guarantee
General Electric International, Inc. United States federal 2008 $441,279 federal loan or loan guarantee
General Electric International, Inc. United States federal 2008 $498,528 federal loan or loan guarantee
General Electric International, Inc. United States federal 2008 $665,216 federal loan or loan guarantee
General Electric International, Inc. United States federal 2008 $1,767,233 federal loan or loan guarantee
General Electric International, Inc. United States federal 2008 $2,850,000 federal loan or loan guarantee
General Electric International, Inc. United States federal 2008 $603,997 federal loan or loan guarantee
General Electric International, Inc. United States federal 2008 $757,853 federal loan or loan guarantee
General Electric International, Inc. United States federal 2008 $1,160,221 federal loan or loan guarantee
General Electric International, Inc. United States federal 2008 $3,032,706 federal loan or loan guarantee
General Electric International, Inc. United States federal 2008 $7,167,519 federal loan or loan guarantee
General Electric Power & Water United States federal 2008 $91,085 federal loan or loan guarantee
General Electric Power & Water United States federal 2008 $516,152 federal loan or loan guarantee
General Electric Power & Water United States federal 2008 $535,887 federal loan or loan guarantee
General Electric Power & Water United States federal 2008 $1,105,538 federal loan or loan guarantee
General Electric Power & Water United States federal 2008 $1,388,054 federal loan or loan guarantee
General Electric Power & Water United States federal 2008 $4,727,311 federal loan or loan guarantee
General Electric Power & Water United States federal 2008 $4,810,178 federal loan or loan guarantee
General Electric Power & Water United States federal 2008 $9,386,304 federal loan or loan guarantee
General Electric Power & Water United States federal 2008 $9,837,110 federal loan or loan guarantee
General Electric Power & Water United States federal 2008 $13,128,321 federal loan or loan guarantee
General Electric Power & Water United States federal 2008 $26,688,760 federal loan or loan guarantee
General Electric Power & Water United States federal 2008 $27,257,678 federal loan or loan guarantee
General Electric Power & Water United States federal 2008 $56,200,129 federal loan or loan guarantee
General Electric Power & Water United States federal 2008 $1,046,270 federal loan or loan guarantee
General Electric Power & Water United States federal 2008 $4,970,556 federal loan or loan guarantee
General Electric Power & Water United States federal 2008 $20,126,418 federal loan or loan guarantee
General Electric Co United States federal 2008 $1,935,800,000 federal loan or loan guarantee
General Electric Co United States federal 2008 $347,500,000 federal loan or loan guarantee
General Electric Co United States federal 2008 $4,467,500,000 federal loan or loan guarantee
General Electric Co United States federal 2008 $297,800,000 federal loan or loan guarantee
General Electric Co United States federal 2008 $1,985,800,000 federal loan or loan guarantee
General Electric Co United States federal 2008 $198,600,000 federal loan or loan guarantee
General Electric Co United States federal 2008 $1,489,700,000 federal loan or loan guarantee
General Electric Co United States federal 2008 $198,600,000 federal loan or loan guarantee
General Electric Co United States federal 2008 $2,086,400,000 federal loan or loan guarantee
General Electric Co United States federal 2008 $99,400,000 federal loan or loan guarantee
General Electric Co United States federal 2008 $2,980,800,000 federal loan or loan guarantee
General Electric Co United States federal 2008 $49,800,000 federal loan or loan guarantee
General Electric North Carolina state 2008 $300,000 grant
Alstom Power Inc. Air Preheater Company New York state 2008 $951,646 enterprise zone
GE MDS, LLC New York state 2008 $72,507 enterprise zone
BAKER HUGHES OILFIELD OPERATIONS INC Oklahoma state 2008 $340,498 tax credit/rebate
General Electric Company Louisiana state 2009 $195,515 property tax abatement
Baker Hughes Inteq Louisiana state 2009 $84,193 property tax abatement
Baker Oil Tools Louisiana state 2009 $22,552 property tax abatement
BJ Services Company, USA Louisiana state 2009 $6,934 property tax abatement
General Electric Company Michigan state 2009 $73,934,000 tax credit/rebate
Johnson Technology Inc. Michigan state 2009 $2,097,000 tax credit/rebate
GE ENGINE SERVICES (GE TRANSPORTATION) Missouri state 2009 $500,000 training reimbursement
Smiths Aerospace Components, Inc. North Carolina state 2009 $34,483 tax credit/rebate
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 Ohio state 2009 $115,335,000 tax credit/rebate
General Electric Company Pennsylvania state 2009 $1,363,045 tax credit/rebate
GE AVIATION SYSTEMS LLC Washington state 2009 undisclosed tax credit/rebate
GE HEALTHCARE IITS USA CORPORATION Washington state 2009 $156,044 tax credit/rebate
GENERAL ELECTRIC COMPANY Maine state 2009 $980,789 property tax abatement
GE CAPITAL MANAGEMENT SERVICES Maine state 2009 $317,344 property tax abatement
GENERAL ELECTRIC CAPITAL CORP Maine state 2009 $127,042 property tax abatement
GENERAL ELECTRIC CREDIT CORP O Maine state 2009 $109,272 property tax abatement
GE COMMERCIAL EQUIPMENT HOLDIN Maine state 2009 $60,677 property tax abatement
GE CAPITAL COMMERCIAL INC Maine state 2009 $1,339 property tax abatement
General Electric Aviation Mississippi state 2009 $19,600 training reimbursement
GENERAL ELECTRIC COMPANY New York state 2009 $5,000,000 grant
General Electric Texas state 2009 undisclosed training reimbursement
General Electric Michigan state 2009 $76,200,000 MEGADEAL
General Electric Ohio multiple 2009 $121,000,000 MEGADEAL
GE HEALTHCARE IITS USA CORPORATION Washington state 2009 $10,971 tax credit/rebate
UNISON INDUSTRIES LLC Ohio state 2009 $5,000,000 loan or bond financing
GENERAL ELECTRIC COMPANY Ohio state 2009 $15,000 grant
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