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
GE R&D 2005 New York local 2012 $325,146 tax credit/rebate; property tax abatement
GENERAL ELECTRIC COMPANY United States federal 2007 $326,153 federal grant
GENERAL ELECTRIC COMPANY Maine state 2013 $327,560 property tax abatement
GE GLOBAL RESEARCH CENTER United States federal 2003 $331,000 federal grant
GENERAL ELECTRIC CO CORP RESEARCH & DEV DEPT United States federal 2001 $331,000 federal grant
General Electric Company Indiana state 2014 $332,000 training reimbursement
GENERAL ELECTRIC COMPANY United States federal 2016 $332,997 federal grant
GENERAL ELECTRIC COMPANY United States federal 2011 $333,602 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $334,000 federal grant
GENERAL ELECTRIC CO United States federal 2006 $334,628 federal grant
GENERAL ELECTRIC COMPANY United States federal 2015 $335,566 federal grant
GE R&D General Electric Global Research Center New York local 2005 $335,748 tax credit/rebate; property tax abatement
GENERAL ELECTRIC COMPANY United States federal 2011 $336,067 federal grant
GENERAL ELECTRIC COMPANY United States federal 2017 $336,664 federal grant
GENERAL ELECTRIC COMPANY United States federal 2019 $336,664 federal grant
BAKER PETROLITE CORP Oklahoma state 2007 $338,084 tax credit/rebate
BAKER PETROLITE LLC Oklahoma state 2007 $338,084 tax credit/rebate
GENERAL ELECTRIC COMPANY United States federal 2007 $338,759 federal grant
GENERAL ELECTRIC COMPANY United States federal 2009 $339,000 federal grant
BAKER HUGHES OILFIELD OPERATIONS,INC Oklahoma state 2008 $340,498 tax credit/rebate
BAKER HUGHES OILFIELD OPERATIONS INC Oklahoma state 2008 $340,498 tax credit/rebate
BAKER PETROLITE CORP Oklahoma state 2008 $343,257 tax credit/rebate
GE R&D 2005 New York local 2011 $346,685 tax credit/rebate; property tax abatement
GENERAL ELECTRIC COMPANY United States federal 2013 $348,232 federal grant
GENERAL ELECTRIC COMPANY CORPORATE United States federal 2001 $348,811 federal grant
GE R&D 2005 New York local 2010 $348,902 tax credit/rebate; property tax abatement
GENERAL ELECTRIC COMPANY United States federal 2009 $349,958 federal grant
General Electric Company Pennsylvania state $350,000 grant
GENERAL ELECTRIC COMPANY United States federal 2007 $350,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $350,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2008 $350,000 federal grant
General Electric Virginia state 2013 $350,000 grant
General Electric Virginia state 2013 $350,000 grant
GENERAL ELECTRIC COMPANY United States federal 2010 $351,377 federal grant
GE Aviation Services Kansas state 2011 $351,383 training reimbursement
GENERALELECTRIC COMPANY United States federal 2006 $352,240 federal grant
GENERAL ELECTRIC COMPANY United States federal 2009 $352,430 federal grant
GENERALELECTRIC COMPANY United States federal 2004 $354,942 federal grant
GENERAL ELECTRIC COMPANY INC United States federal 2001 $355,420 federal grant
GENERAL ELECTRIC COMPANY United States federal 2000 $359,011 federal grant
GENERALELECTRIC COMPANY United States federal 2005 $359,700 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $360,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2014 $360,000 federal grant
GENERALELECTRIC COMPANY United States federal 2007 $362,671 federal grant
General Electric Company Pennsylvania state 2010 $363,475 tax credit/rebate
General Electric Company Louisiana local 2014 $366,634 property tax abatement
GENERAL ELECTRIC CO United States federal 2001 $367,000 federal grant
GENERAL ELECTRIC COMPANY INC United States federal 2001 $368,476 federal grant
Baker Oil Tools Louisiana state 2008 $369,656 property tax abatement
GENERAL ELECTRIC COMPANY United States federal 2006 $370,000 federal grant
GE R&D 2005 New York local 2008 $370,495 tax credit/rebate; property tax abatement
GENERAL ELECTRIC COMPANY Maine state 2017 $370,653 property tax abatement
GE-Hitachi Nuclear Energy Holdings, LLC North Carolina state 2011 $371,917 tax credit/rebate
GENERALELECTRIC COMPANY United States federal 2003 $373,747 federal grant
GE CORPORATE RESEARCH & DEVELOPMENT United States federal 2006 $375,323 federal grant
GENERAL ELECTRIC COMPANY United States federal 2000 $375,627 federal grant
General Electric Company North Carolina state 2014 $375,804 tax credit/rebate
GENERAL ELECTRIC CO United States federal 2004 $376,667 federal grant
GE-Hitachi Nuclear Energy Holdings, LLC North Carolina state 2012 $377,771 tax credit/rebate
BAKER HUGHES OILFIELD OPERATIONS INC Oklahoma state 2012 $377,993 tax credit/rebate
GE Rotterdam New York local 2016 $381,194 tax credit/rebate
GENERAL ELECTRIC COMPANY United States federal 2006 $382,308 federal grant
GENERAL ELECTRIC COMPANY United States federal 2006 $383,994 federal grant
GENERAL ELECTRIC CO United States federal 2003 $385,000 federal grant
GENERAL ELECTRIC COMPANY Maine state 2016 $385,775 property tax abatement
GENERAL ELECTRIC COMPANY United States federal 2011 $389,794 federal grant
GENERALELECTRIC COMPANY United States federal 2006 $390,007 federal grant
GENERAL ELECTRIC CO CORP RESEARCH & DEV DEPT United States federal 2003 $391,831 federal grant
Alstom Power Inc. Air Preheater Company New York state 2013 $391,890 enterprise zone
General Electric Company Louisiana state 2013 $392,507 property tax abatement
GENERAL ELECTRIC CO CORP RESEARCH & DEV DEPT United States federal 2003 $393,862 federal grant
GENERAL ELECTRIC COMPANY United States federal 2012 $397,330 federal grant
SMITHS AEROSPACE LLC United States federal 2010 $400,000 federal grant
GENERAL ELECTRIC CO CORP RESEARCH & DEV DEPT United States federal 2003 $400,000 federal grant
GENERAL ELECTRIC CO CORP RESEARCH & DEV DEPT United States federal 2002 $400,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $400,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $400,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $400,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2006 $400,000 federal grant
ALSTOM POWER INC United States federal 2005 $400,000 federal grant
ALSTOM POWER INC United States federal 2005 $400,000 federal grant
ALSTOM POWER INC United States federal 2005 $400,000 federal grant
ALSTOM POWER INC. United States federal 2015 $400,000 federal grant
ALSTOM POWER INC United States federal 2007 $400,445 federal grant
GENERAL ELECTRIC CO United States federal 2005 $402,791 federal grant
Baker Petrolite Corp Louisiana state 2016 $403,953 property tax abatement
ALSTOM POWER INC United States federal 2004 $406,992 federal grant
GENERAL ELECTRIC COMPANY United States federal 2005 $411,099 federal grant
GENERAL ELECTRIC COMPANY United States federal 2010 $412,816 federal grant
GENERAL ELECTRIC CO CORP RESEARCH & DEV DEPT United States federal 2001 $413,000 federal grant
ALSTOM POWER INC. United States federal 2019 $413,620 federal grant
GENERAL ELECTRIC CO CORP RESEARCH & DEV DEPT United States federal 2002 $414,953 federal grant
GENERAL ELECTRIC COMPANY United States federal 2011 $415,951 federal grant
Alstom Power Inc. Air Preheater Company New York state 2012 $416,478 enterprise zone
GENERAL ELECTRIC CO United States federal 2004 $419,821 federal grant
GENERAL ELECTRIC COMPANY United States federal 2005 $420,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $422,501 federal grant
GENERAL ELECTRIC COMPANY Maine state 2015 $423,011 property tax abatement
GE Rotterdam New York local 2015 $423,228 tax credit/rebate
SMITHS AEROSPACE LLC United States federal 2012 $423,767 federal grant
GENERAL ELECTRIC COMPANY United States federal 2007 $426,955 federal grant
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