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MegadealsSubsidy Tracker: Parent Headquarters State Summary Page
HQ State/Territory: North Carolina
Subsidy Total: $7,743,708,816
Number of Awards: 3,264
Time Period: Earliest year of data: 1971. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this HQ State are for the period since 2012.
Notes: The dollar total above adjusts for the fact that there is an overlap between the amounts in one or more Megadeal entries and those of one or more of the other entries. The totals here are derived only from entries matched to parent companies. Dollar totals do not include awards for which no subsidy value is disclosed.
Top 10 Parent Companies | Total Subsidy $ | Number of Awards |
Nucor | $2,538,761,123 | 139 |
Duke Energy | $1,580,421,869 | 84 |
Wolfspeed Inc. | $1,564,430,563 | 64 |
Bank of America | $796,947,128 | 194 |
Honeywell International | $468,355,711 | 317 |
Lowe's | $373,300,108 | 272 |
Tanger Factory Outlet Centers | $35,575,818 | 16 |
First Citizens BancShares | $35,143,857 | 44 |
VF Corp. | $34,361,426 | 52 |
Laboratory Corp. of America | $33,302,568 | 35 |
Individual Subsidy Records:
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Company | Parent | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
Cree, Inc. | Wolfspeed Inc. | North Carolina | state | 2009 | $48,750 | | tax credit/rebate |
Cree, Inc. | Wolfspeed Inc. | North Carolina | state | 2010 | $983,731 | | tax credit/rebate |
Cree, Inc. | Wolfspeed Inc. | North Carolina | state | 2004 | $6,810,570 | | grant |
Cree, Inc. | Wolfspeed Inc. | North Carolina | state | 2010 | $2,982,000 | | grant |
Cree, Inc. | Wolfspeed Inc. | North Carolina | state | 2008 | $1,811,254 | | tax credit/rebate |
Cree, Inc. | Wolfspeed Inc. | North Carolina | state | 2011 | $135,750 | | tax credit/rebate |
Cree, Inc. | Wolfspeed Inc. | North Carolina | state | 2011 | $1,636,590 | | tax credit/rebate |
Cree, Inc. | Wolfspeed Inc. | North Carolina | state | 2012 | $261,750 | | tax credit/rebate |
Cree, Inc. | Wolfspeed Inc. | North Carolina | state | 2012 | $3,817,454 | | tax credit/rebate |
Cree, Inc. | Wolfspeed Inc. | North Carolina | state | 2012 | $1,338,320 | | tax credit/rebate |
Ruud Lighting, Inc. | Wolfspeed Inc. | Wisconsin | state | 2012 | $725,000 | | tax credit/rebate |
Ruud Lighting, Inc. | Wolfspeed Inc. | Wisconsin | state | 2012 | $3,275,000 | | tax credit/rebate |
Cree Inc. | Wolfspeed Inc. | United States | federal | 2010 | $39,087,000 | | federal allocated tax credit |
Cree Inc. | Wolfspeed Inc. | United States | federal | 2013 | $30,000,000 | | federal allocated tax credit |
Cree LED Lighting Solutions, Inc. | Wolfspeed Inc. | North Carolina | state | 2013 | $24,870 | | tax credit/rebate |
Cree, Inc. | Wolfspeed Inc. | North Carolina | state | 2013 | $425,348 | | tax credit/rebate |
Cree, Inc. | Wolfspeed Inc. | North Carolina | state | 2013 | $725,611 | | tax credit/rebate |
Cree, Inc. | Wolfspeed Inc. | North Carolina | state | 2015 | $979,132 | | tax credit/rebate |
Cree, Inc. | Wolfspeed Inc. | North Carolina | state | 2015 | $1,697,440 | | tax credit/rebate |
CREE FAYETTEVILLE, INC | Wolfspeed Inc. | Arkansas | state | | $61,202 | | tax credit/rebate |
Cree, Inc. | Wolfspeed Inc. | New York | multiple | 2019 | $617,099,612 | | MEGADEAL |
Cree, Inc. | Wolfspeed Inc. | North Carolina | state | 2017 | $688,852 | | tax credit/rebate |
Cree, Inc. | Wolfspeed Inc. | North Carolina | state | 2018 | $524,041 | | tax credit/rebate |
Cree, Inc. | Wolfspeed Inc. | North Carolina | state | 2019 | $391,920 | | tax credit/rebate |
Cree, Inc. | Wolfspeed Inc. | New York | state | 2020 | $1,000,000 | | tax credit/rebate |
Cree. Inc. | Wolfspeed Inc. | New York | local | 2020 | $4,013,033 | | tax credit/rebate |
Cree. Inc. | Wolfspeed Inc. | New York | local | 2021 | $9,450,222 | | tax credit/rebate |
Wolfspeed, Inc. III | Wolfspeed Inc. | North Carolina | state | 2022 | $86,146,000 | | grant |
Cree, Inc. | Wolfspeed Inc. | North Carolina | state | 2010 | $762,862 | | tax credit/rebate |
Wolfspeed, Inc. | Wolfspeed Inc. | North Carolina | state | 2022 | $340,191 | | tax credit/rebate |
Wolfspeed, Inc. | Wolfspeed Inc. | North Carolina | state | 2021 | $408,879 | | tax credit/rebate |
Cree, Inc. | Wolfspeed Inc. | North Carolina | state | 2021 | $88,311 | | tax credit/rebate |
Cree, Inc. | Wolfspeed Inc. | North Carolina | state | 2020 | $290,042 | | tax credit/rebate |
Wolfspeed, Inc. | Wolfspeed Inc. | North Carolina | state | 2022 | $88,311 | | tax credit/rebate |
Cree Lighting Co | Wolfspeed Inc. | United States | federal | 2000 | $349,622 | | federal grant |
Cree Fayetteville, Inc. | Wolfspeed Inc. | United States | federal | 2008 | $99,997 | | federal grant |
Cree Fayetteville, Inc. | Wolfspeed Inc. | United States | federal | 2012 | $1,144,193 | | federal grant |
Cree Fayetteville, Inc. | Wolfspeed Inc. | United States | federal | 2013 | $1,137,941 | | federal grant |
Cree Fayetteville, Inc. | Wolfspeed Inc. | United States | federal | 2014 | $149,337 | | federal grant |
Cree Fayetteville, Inc. | Wolfspeed Inc. | United States | federal | 2014 | $149,999 | | federal grant |
Cree Fayetteville, Inc. | Wolfspeed Inc. | United States | federal | 2015 | $149,997 | | federal grant |
Cree Fayetteville, Inc. | Wolfspeed Inc. | United States | federal | 2015 | $145,602 | | federal grant |
Wolfspeed Inc | Wolfspeed Inc. | United States | federal | 2008 | $1,212,704 | | federal grant |
Wolfspeed Inc | Wolfspeed Inc. | United States | federal | 2008 | $295,174 | | federal grant |
Wolfspeed Inc | Wolfspeed Inc. | United States | federal | 2009 | $3,599,806 | | federal grant |
Wolfspeed Inc | Wolfspeed Inc. | United States | federal | 2010 | $1,799,962 | | federal grant |
Wolfspeed Inc | Wolfspeed Inc. | United States | federal | 2011 | $2,110,681 | | federal grant |
Wolfspeed Inc | Wolfspeed Inc. | United States | federal | 2012 | $2,343,946 | | federal grant |
Wolfspeed Inc | Wolfspeed Inc. | United States | federal | 2013 | $2,349,704 | | federal grant |
Cree Fayetteville, Inc. | Wolfspeed Inc. | United States | federal | 2013 | $1,800,132 | | federal grant |
Wolfspeed Inc | Wolfspeed Inc. | United States | federal | 2014 | $1,489,736 | | federal grant |
Wolfspeed Inc | Wolfspeed Inc. | United States | federal | 2014 | $1,849,735 | | federal grant |
Wolfspeed Inc | Wolfspeed Inc. | United States | federal | 2015 | $1,499,971 | | federal grant |
Wolfspeed Inc | Wolfspeed Inc. | United States | federal | 2016 | $1,499,986 | | federal grant |
Cree Lighting Co | Wolfspeed Inc. | United States | federal | 2003 | $932,935 | | federal grant |
Wolfspeed Inc | Wolfspeed Inc. | United States | federal | 2007 | $35,853 | | federal grant |
Cree Fayetteville, Inc. | Wolfspeed Inc. | United States | federal | 2010 | $1,000,000 | | federal grant |
Wolfspeed Inc | Wolfspeed Inc. | United States | federal | 2010 | $11,199,976 | | federal grant |
Cree Fayetteville, Inc. | Wolfspeed Inc. | United States | federal | 2010 | $7,828,578 | | federal grant |
Wolfspeed Inc | Wolfspeed Inc. | United States | federal | 2012 | $2,534,707 | | federal grant |
Cree Fayetteville, Inc. | Wolfspeed Inc. | United States | federal | 2017 | $498,263 | | federal grant |
Cree Fayetteville, Inc. | Wolfspeed Inc. | United States | federal | 2018 | $1,910,463 | | federal grant |
Wolfspeed | Wolfspeed Inc. | North Carolina | multiple | 2022 | $772,000,000 | | MEGADEAL |
Cree. Inc. | Wolfspeed Inc. | New York | local | 2022 | $4,305,548 | | tax credit/rebate |
Veeder-Root Company | Vontier Corporation | Pennsylvania | state | | $217,960 | | training reimbursement |
Veeder-Root Company | Vontier Corporation | Pennsylvania | state | | $150,000 | | grant |
VEEDER ROOT COMPANY | Vontier Corporation | Pennsylvania | state | 2020 | $126,600 | | tax credit/rebate |
Matco Tools | Vontier Corporation | United States | federal | 2010 | | $21,900 | federal loan or loan guarantee |
NAUTICA RETAIL USA, INC #88 | VF Corp. | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
NAUTICA RETAIL USA, INC. #89 | VF Corp. | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
TIMBERLAND RETAIL, INC. | VF Corp. | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
VF OUTLET, INC | VF Corp. | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
VF Imagewear, Inc. - Majestic Division | VF Corp. | Pennsylvania | state | | $350,000 | | grant |
Eagle Creek | VF Corp. | South Dakota | state | 2009 | | $2,000,000 | loan or bond financing |
VF Imagewear, Inc. | VF Corp. | Tennessee | state | 2008 | undisclosed | | training reimbursement |
Nautica Specialty Retail,Inc. | VF Corp. | New York | state | 2002 | $20,898 | | grant |
VF Imagewear | VF Corp. | Florida | state | 2012 | $35,914 | | training reimbursement |
NAUTICA RETAIL USA, INC. | VF Corp. | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
TIMBERLAND RETAIL, INC. | VF Corp. | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
VF OUTLET, INC | VF Corp. | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
VF Jeanswear Limited Partnership | VF Corp. | North Carolina | state | 2011 | $94,811 | | tax credit/rebate |
VFJ VENTURES,INC | VF Corp. | Oklahoma | state | 2007 | $85,222 | | tax credit/rebate |
VF Jeanswear Limited Partnership | VF Corp. | North Carolina | state | 2012 | $31,616 | | tax credit/rebate |
VF Jeanswear Ltd. | VF Corp. | Alabama | state | 2013 | $7,280 | | cost reimbursement |
VF Jeanswear Ltd. | VF Corp. | Alabama | state | 2013 | $7,280 | | cost reimbursement |
VF Jeanswear Ltd. | VF Corp. | Alabama | state | 2013 | $7,280 | | cost reimbursement |
VF Jeanswear Ltd. | VF Corp. | Alabama | state | 2013 | $7,280 | | cost reimbursement |
VF Jeanswear Ltd. | VF Corp. | Alabama | state | 2013 | $8,705 | | cost reimbursement |
VF Jeanswear Ltd. | VF Corp. | Alabama | state | 2013 | $8,705 | | cost reimbursement |
VF Jeanswear Ltd. | VF Corp. | Alabama | state | 2013 | $8,705 | | cost reimbursement |
VF Jeanswear Ltd. | VF Corp. | Alabama | state | 2013 | $8,705 | | cost reimbursement |
VF Jeanswear Ltd. | VF Corp. | Alabama | state | 2013 | $9,954 | | cost reimbursement |
VF Jeanswear Ltd. | VF Corp. | Alabama | state | 2013 | $9,954 | | cost reimbursement |
VF Jeanswear Ltd. | VF Corp. | Alabama | state | 2013 | $9,954 | | cost reimbursement |
VF Jeanswear Ltd. | VF Corp. | Alabama | state | 2013 | $9,954 | | cost reimbursement |
VF Jeanswear Ltd. | VF Corp. | Alabama | state | 2013 | $20,906 | | cost reimbursement |
VF Jeanswear Ltd. | VF Corp. | Alabama | state | 2013 | $20,906 | | cost reimbursement |
VF Jeanswear Ltd. | VF Corp. | Alabama | state | 2013 | $20,906 | | cost reimbursement |
VF Jeanswear Ltd. | VF Corp. | Alabama | state | 2013 | $20,906 | | cost reimbursement |
VF Jeanswear Ltd. | VF Corp. | Alabama | state | 2013 | $76,890 | | cost reimbursement |
VF Jeanswear Ltd. | VF Corp. | Alabama | state | 2013 | $76,890 | | cost reimbursement |