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 Co. Tennessee local 2011 undisclosed property tax abatement
GE Aviation Mississippi state 2010 undisclosed tax credit/rebate
General Electric Company West Virginia state 2007 undisclosed tax credit/rebate
General Electric Company West Virginia state 2007 undisclosed tax credit/rebate
GE HITACHI NUCLEAR ENERGY AMERICAS LLC California local 2012 undisclosed tax credit/rebate
GE Capital Financial Service Corporation et al. Ohio state 1996 undisclosed tax credit/rebate
GE Capital Financial Service Corporation Ohio state 1999 undisclosed tax credit/rebate
LUFKIN INDUSTRIES, LLC Texas state 2008 undisclosed enterprise zone
LUFKIN INDUSTRIES, LLC Texas state 2009 undisclosed enterprise zone
LUFKIN INDUSTRIES, LLC Texas state 2009 undisclosed enterprise zone
LUFKIN INDUSTRIES, LLC Texas state 2008 undisclosed enterprise zone
BJ SERVICES COMPANY, U.S.A. Texas state 2005 undisclosed enterprise zone
BJ SERVICES COMPANY, U.S.A. Texas state 2006 undisclosed enterprise zone
General Electric Company Tennessee local 2014 undisclosed property tax abatement
General Electric Company Tennessee local 2014 undisclosed property tax abatement
Alstom Power, Inc. & Alstom Power Turbo Tennessee local 2014 undisclosed property tax abatement
Alstom Power, Inc. & Alstom Power Turbo Tennessee local 2014 undisclosed property tax abatement
Alstom Power, Inc. & Alstom Power Turbo Tennessee local 2014 undisclosed property tax abatement
GE AVIATION SYSTEMS LLC Washington state 2010 undisclosed tax credit/rebate
GE AVIATION SYSTEMS LLC Washington state 2011 undisclosed tax credit/rebate
GE AVIATION SYSTEMS LLC Washington state 2012 undisclosed tax credit/rebate
GE AVIATION SYSTEMS LLC Washington state 2013 undisclosed tax credit/rebate
GE Gas Turbines (Greenville) LLC South Carolina state 2015 undisclosed tax credit/rebate
Baker Hughes Oilfield Operations, Inc. Texas local 2011 undisclosed property tax abatement
General Electric Company Tennessee local 2016 undisclosed property tax abatement
General Electric Company Tennessee local 2016 undisclosed property tax abatement
General Electric Company West Virginia state 2010 undisclosed tax credit/rebate
General Electric Company of VA West Virginia state 2010 undisclosed tax credit/rebate
General Electric Company West Virginia state 2010 undisclosed tax credit/rebate
Alstom Power, Inc. Connecticut state 2015 undisclosed Enterprise Zone
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