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 | $737,490,654 | 509 |
| Federal (grants and allocated tax credits) | $1,438,899,361 | 1,040 |
| TOTAL | $2,176,390,015 | 1,549 |
| 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) | $160,900,304,376 | 328 |
| TOTAL | $160,917,304,376 | 331 |
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 awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| Ohio | $234,543,561 | 30 |
| Massachusetts | $148,150,000 | 2 |
| Michigan | $90,039,000 | 13 |
| North Carolina | $59,132,126 | 37 |
| Louisiana | $49,095,801 | 78 |
| All other | $156,530,166 | 349 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| GENERAL ELECTRIC CO | Ohio | state | 2010 | $62,388 | grant | |
| ECOLOCHEM, INC. | Missouri | state | 2001 | $61,514 | tax credit/rebate | |
| GENERALELECTRIC COMPANY | United States | federal | 2004 | $61,400 | federal grant | |
| GE COMMERCIAL EQUIPMENT HOLDIN | Maine | state | 2009 | $60,677 | property tax abatement | |
| 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 | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2004 | $59,620 | federal grant | |
| GE CORPORATE RESEARCH & DEVELOPMENT | United States | federal | 2011 | $59,242 | federal grant | |
| Everest VIT, Inc. | New York | state | 2004 | $59,000 | enterprise zone | |
| GE Energy Management Svcs. | United States | federal | 2013 | $58,341 | federal grant | |
| GENERALELECTRIC COMPANY | United States | federal | 2000 | $56,726 | federal grant | |
| Nuclear Fuel Holding Co., Inc. | North Carolina | state | 2013 | $56,581 | tax credit/rebate | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2006 | $55,803 | federal grant | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2004 | $54,800 | federal grant | |
| GENERAL ELECTRIC CREDIT CORP OF TN | Maine | state | 2010 | $54,165 | property tax abatement | |
| GE Energy Oilfield Technology | Louisiana | local | 2014 | $53,927 | property tax abatement | |
| GENERAL ELECTRIC CO CORP RESEARCH & DEV DEPT | United States | federal | 2003 | $53,161 | federal grant | |
| Dresser, Inc. | Louisiana | state | 2013 | $52,340 | property tax abatement | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2004 | $52,223 | federal grant | |
| GE CORPORATE R & D | United States | federal | 2003 | $50,999 | federal grant | |
| GENERAL ELECTRIC CAPITAL CORP | Maine | state | 2010 | $50,062 | 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 COMPANY | United States | federal | 2019 | $50,000 | federal grant | |
| GENERAL ELECTRIC COMPANY | United States | federal | 2020 | $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 | |
| LM Wind Power | Arkansas | state | $30,084 | tax credit/rebate | ||
| 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 |
