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Subsidy Tracker Individual Entry

Company: General Electric
Parent Company: General Electric
Subsidy Source: multiple
Location: Ohio
City: Cincinnati
County: Hamilton
Project Description: aviation complex
Year: 2009
Major Industry of Parent: diversified
Specific Industry of Parent: diversified
Subsidy Value: $121,000,000
Subsidy Value in 2023 Dollars: $172,752,780
Program Name: Job Retention Tax Credit
Awarding Agency: multiple
Type of Subsidy: 
Number of Jobs or Training Slots: 5,000
Source of Data: The subsidy amounts and jobs projections are taken from: John Nolan, "GE gets $120M tax credit," Dayton Daily News, November 6, 2009.
Notes: The state provided a 15-year, $120 million Job Retention Tax Credit and the village of Evendale provided a $1 million grant. A tax credit of $115,335,000 is listed separately in the main Subsidy Tracker data in an entry for the Job Retention Tax Credit program.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.