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 Year Subsidy Valuesort icon 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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