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 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 COMPANY United States federal 2019 $50,000 federal grant
Baker Hughes Oilfield Operations dba Drilling Services Louisiana state 2016 $49,891 property tax abatement
Unison Industries, LLC New York state 2004 $49,683 enterprise zone
GENERALELECTRIC COMPANY United States federal 2004 $49,387 federal grant
GE R&D 2003 New York local 2014 $49,329 tax credit/rebate
GENERAL ELECTRIC COMPANY United States federal 2007 $49,250 federal grant
Nuclear Fuel Holding Co., Inc. North Carolina state 2015 $48,365 tax credit/rebate
GE ENGINE SERVICES (GE TRANSPORTATION) Missouri state 2008 $48,219 tax credit/rebate
WOOD GROUP ESP INC #2 Oklahoma state 2011 $48,125 grant
GE Energy South Carolina state 2012 $47,900 training reimbursement
BAKER OILFIELD OPERATIONS Oklahoma state 2014 $47,762 grant
GE CAPITAL MANAGEMENT SERVICES CORP Maine state 2016 $47,752 property tax abatement
GE Healthcare IITS USA Corp. Pennsylvania state 2016 $47,305 tax credit/rebate
GE R&D 2005 New York local 2014 $46,681 tax credit/rebate
WOOD GROUP ESP INC #3 Oklahoma state 2007 $46,658 grant
GENERAL ELECTRIC CO ENERGY & RESEARCH United States federal 2003 $46,265 federal grant
GE CAPITAL MANAGEMENT SERVICES CORP Maine state 2014 $44,845 property tax abatement
Nuclear Fuel Holding Co., Inc. North Carolina state 2013 $44,441 tax credit/rebate
Nuclear Fuel Holding Co., Inc. North Carolina state 2013 $44,441 tax credit/rebate
Baker Hughes Oilfield Operations, Inc. Louisiana state 2014 $44,000 enterprise zone
GE Healthcare IITS USA Corp. Pennsylvania state 2017 $43,118 tax credit/rebate
DRESSER EQUIPMENT GROUP INC United States federal 2001 $42,500 federal grant
GE FANUC EMBEDDED SYSTEMS INC New Mexico state 2011 $42,315 tax credit/rebate
GENERAL ELECTRIC COMPANY United States federal 2014 $42,212 federal grant
ALSTOM GRID INC Washington state 2012 $41,058 tax credit/rebate
GE CAPITAL MANAGEMENT SERVICES CORP Maine state 2013 $40,900 property tax abatement
GE-Hitachi Nuclear Energy Holdings, LLC North Carolina state 2012 $40,500 tax credit/rebate
Baker Hughes Oilfield Operations Louisiana state 2015 $40,340 property tax abatement
GE CAPITAL MANAGEMENT SERVICES CORP Maine state 2015 $40,137 property tax abatement
GENERAL ELECTRIC COMPANY United States federal 2007 $40,000 federal grant
General Electric Company Louisiana state 2012 $39,978 property tax abatement
Nuclear Fuel Holding Co., Inc. North Carolina state 2014 $39,937 tax credit/rebate
Baker Hughes Oilfield Operations dba Completions & Fishing Louisiana local 2014 $38,787 property tax abatement
General Electric Co. - Wind South Carolina state 2011 $38,539 training reimbursement
Baker Hughes Inteq Louisiana state 2008 $38,142 property tax abatement
GENERAL ELECTRIC COMPANY United States federal 2000 $38,138 federal grant
BAKER OILFIELD OPERATIONS Oklahoma state 2014 $38,011 grant
GENERAL ELECTRIC CO CORP RESEARCH & DEV DEPT United States federal 2003 $37,947 federal grant
GE CORPORATE RESEARCH & DEVELOPMENT United States federal 2013 $37,932 federal grant
Baker Oil Tools Louisiana state 2010 $37,615 property tax abatement
GE CAPITAL COMMERCIAL INC F/K/A CITICORP LEASING INC Maine state 2011 $36,096 property tax abatement
Everest VIT, Inc. New York state 2003 $35,345 enterprise zone
Smiths Aerospace Components, Inc. North Carolina state 2009 $34,483 tax credit/rebate
GE Energy Learning Center New York local 2010 $34,431 tax credit/rebate; property tax abatement
Baker Petrolite Corp Louisiana state 2016 $34,314 property tax abatement
General Electric Aviation Vermont state 2010 $33,267 training reimbursement
GE Energy Learning Center New York local 2011 $33,144 tax credit/rebate; property tax abatement
G E ENERGY & ENVIRONMENTAL RESEARCH CORPORATI United States federal 2007 $33,000 federal grant
GENERALELECTRIC COMPANY United States federal 2007 $32,880 federal grant
GE Energy Learning Center New York local 2008 $32,791 tax credit/rebate; property tax abatement
GENERAL ELECTRIC CO & SUBS Oklahoma state 2015 $32,551 grant
GE Energy Learning Center New York local 2012 $32,468 tax credit/rebate; property tax abatement
ALSTOM POWER INC United States federal 2010 $32,414 federal grant
GENERAL ELECTRIC CO & SUBS Oklahoma state 2015 $32,094 grant
Baker Hughes Oilfield Operations, Inc. Louisiana state 2012 $31,707 property tax abatement
BJ Services Company, USA Louisiana state 2008 $31,241 property tax abatement
GE Energy Learning Center New York local 2013 $30,529 tax credit/rebate; property tax abatement
Baker Hughes Oilfield Operations Oklahoma state 2016 $29,823 property tax abatement
GENERAL ELECTRIC COMPANY United States federal 2010 $29,606 federal grant
Baker Hughes Oilfield Operations dba Drill Bits Louisiana state 2015 $28,962 property tax abatement
GE COMMERCIAL EQUIPMENT HOLDING LLC Maine state 2010 $28,897 property tax abatement
ALSTOM POWER INC United States federal 2009 $28,676 federal grant
GE CORPORATE RESEARCH & DEVELOPMENT United States federal 2013 $28,513 federal grant
GE Energy Learning Center New York local 2014 $28,323 tax credit/rebate
Baker Hughes Oilfield Operations Louisiana state 2015 $28,041 property tax abatement
GENERAL ELECTRIC COMPANY United States federal 2018 $27,249 federal grant
GE R&D 2005 New York local 2015 $27,204 tax credit/rebate
GE Energy Learning Center New York local 2015 $27,062 tax credit/rebate
BAKER OILFIELD OPERATIONS Oklahoma state 2014 $26,832 grant
GE FANUC EMBEDDED SYSTEMS INC New Mexico state 2011 $26,721 tax credit/rebate
General Electric Expansion South Carolina state 2010 $26,627 training reimbursement
GE Energy Learning Center New York local 2016 $26,412 tax credit/rebate
Baker Oil Tools Louisiana state 2008 $26,128 property tax abatement
Baker Hughes Oilfield Operations dba Drill Bits Louisiana local 2014 $25,422 property tax abatement
GENERAL ELECTRIC COMPANY United States federal 2005 $25,000 federal grant
GENERAL ELECTRIC COMPANY United States federal 2005 $25,000 federal grant
GE Aviation Washington state 2012 $24,900 training reimbursement
GENERAL ELECTRIC COMPANY United States federal 2015 $24,776 federal grant
GE Oil & Gas Compression Systems, LLC Louisiana local 2014 $24,710 property tax abatement
GENERAL ELECTRIC CO United States federal 2006 $24,664 federal grant
BJ Services Utah state 2011 $24,260 training reimbursement
GENERAL ELECTRIC CO CORP RESEARCH & DEV DEPT United States federal 2003 $24,129 federal grant
GENERAL ELECTRIC COMPANY United States federal 2005 $24,000 federal grant
GENERAL ELECTRIC CREDIT CORP OF TN Maine state 2012 $23,836 property tax abatement
GENERAL ELECTRIC CO & SUBS Oklahoma state 2015 $23,664 grant
Baker Oil Tools Louisiana state 2011 $23,253 property tax abatement
Baker Hughes Oilfield Operations Louisiana state 2015 $23,160 property tax abatement
Baker Oil Tools Louisiana state 2009 $22,552 property tax abatement
GENERAL ELECTRIC CAPITAL CORP Maine state 2011 $22,262 property tax abatement
GENERAL ELECTRIC CAPITAL CORP Maine state 2013 $22,081 property tax abatement
GENERAL ELECTRIC COMPANY United States federal 2012 $21,922 federal grant
GENERAL ELECTRIC CAPITAL CORP Maine state 2012 $21,720 property tax abatement
GENERAL ELECTRIC COMPANY United States federal 2008 $21,614 federal grant
General Electric Aviation Mississippi state 2010 $21,608 training reimbursement
SMITHS AEROSPACE LLC United States federal 2010 $21,000 federal grant
GE Infrastructure Sensing, Inc. United States federal 2011 $20,903 federal grant
GE Energy Oilfield Technology Louisiana state 2010 $20,258 property tax abatement
SMITHS INDUSTRIES, INC. United States federal 2000 $20,225 federal grant
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