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Subsidy Tracker Parent Company Summary
Parent Company Name: ABB Ltd.
Ownership Structure: publicly traded (ticker symbol ABB)
Headquartered in: Switzerland
Major Industry: utilities and power generation
Specific Industry: power systems
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $45,911,994 | 326 |
Federal (grants and allocated tax credits) | $53,893,611 | 20 |
TOTAL | $99,805,605 | 346 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $89,215,801 | 1 |
TOTAL | $89,215,801 | 1 |
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 2013.
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
North Carolina | $17,634,524 | 46 |
Tennessee | $8,456,045 | 12 |
Oklahoma | $5,271,062 | 89 |
Mississippi | $4,362,571 | 6 |
Florida | $2,362,736 | 4 |
All other | $7,825,056 | 169 |
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 Value | Loan/Bailout Value | Type of Subsidy |
THOMAS & BETTS CORPORATION | Michigan | local | 1992 | undisclosed | | property tax abatement |
Thomas & Betts Corporation | Alabama | state | 2012 | $2,640 | | cost reimbursement |
Thomas & Betts Corporation | Tennessee | state | 2012 | $1,829,555 | | training reimbursement |
Thomas & Betts Corporation | Tennessee | state | 2012 | $670,445 | | training reimbursement |
THOMAS & BETTS CORPORATION | Tennessee | local | 2007 | $166,185 | | property tax abatement |
THOMAS & BETTS CORPORATION | Tennessee | local | 2007 | $118,203 | | property tax abatement |
THOMAS & BETTS CORPORATION | Tennessee | local | 2007 | $468,472 | | property tax abatement |
THOMAS & BETTS CORPORATION | Tennessee | local | 2008 | $67,427 | | property tax abatement |
THOMAS & BETTS CORPORATION | Tennessee | local | 2008 | $104,714 | | property tax abatement |
THOMAS & BETTS CORPORATION | Tennessee | local | 2008 | $468,472 | | property tax abatement |
Thomas & Betts Corporation | Tennessee | state | 2018 | $710,000 | | grant |
Thomas & Betts Corporation | Tennessee | state | 2018 | $710,000 | | grant |
Thomas & Betts Corp. | New York | local | 2004 | $34,613 | | tax credit/rebate; property tax abatement |
Thomas & Betts Corp. | New York | local | 2005 | $121,650 | | tax credit/rebate; property tax abatement |
Thomas & Betts Corp. | New York | local | 2006 | $123,336 | | tax credit/rebate; property tax abatement |
Thomas & Betts Corp. | New York | local | 2007 | $119,617 | | tax credit/rebate; property tax abatement |
Thomas & Betts Corp. | New York | local | 2009 | $117,369 | | tax credit/rebate; property tax abatement |
Thomas & Betts Corp. | New York | local | 2010 | $118,065 | | tax credit/rebate; property tax abatement |
Thomas & Betts Corp. | Massachusetts | state | 1997 | undisclosed | | tax credit/rebate |
Thomas & Betts Corp. | New York | local | 2008 | $171,390 | | tax credit/rebate; property tax abatement |
Thomas & Betts Corp. | New York | local | 2011 | $137,554 | | tax credit/rebate; property tax abatement |
Thomas & Betts Corp. | New York | local | 2012 | $120,068 | | tax credit/rebate; property tax abatement |
Thomas & Betts Corp. | Tennessee | local | 2017 | $1,373,304 | | property tax abatement |
Thomas & Betts Corp. | Tennessee | local | 2017 | $1,769,268 | | property tax abatement |
Thomas & Betts | Mississippi | state | 2009 | $2,418 | | training reimbursement |
Thomas & Betts | Mississippi | state | 2010 | $2,712 | | training reimbursement |
Thomas & Betts | South Carolina | state | 2013 | $27,692 | | training reimbursement |
Thomas & Betts | New York | state | 2001 | $140,500 | | enterprise zone |
Thomas & Betts | New York | state | 2002 | $24,000 | | enterprise zone |
Reliance Electric Company | United States | federal | 2008 | $1,000,682 | | federal grant |
Reliance Electric | North Carolina | state | 1998 | $223,250 | | grant |
Power-One Renewable Energy Solutions, LLC | Arizona | state | 2011 | $517,024 | | training reimbursement |
Power-One Renewable Energy Solutions, LLC | Arizona | state | 2012 | $214,500 | | training reimbursement |
Kuhlman Electric Corporation | Kentucky | state | 2008 | $100,000 | | training reimbursement |
Kuhlman Electric Corporation | Mississippi | state | 2010 | $4,133 | | training reimbursement |
K-TEK, Corporation | Louisiana | state | 2008 | $30,116 | | property tax abatement |
K-TEK, Corporation | Louisiana | state | 2009 | $94,361 | | property tax abatement |
K-TEK, Corporation | Louisiana | state | 2010 | $16,545 | | property tax abatement |
Baldor Electric Company-Buncombe | North Carolina | state | 2013 | $24,320 | | grant |
Baldor Electric Company (#1)-Clevela | North Carolina | state | 2012 | $89,490 | | grant |
Baldor Electric Company | Arkansas | state | 2010 | $22,950 | | training reimbursement |
Baldor Electric Company | Arkansas | state | 2009 | $5,250 | | training reimbursement |
Baldor Electric Company | Arkansas | state | 2010 | $3,200 | | training reimbursement |
Baldor Electric Company | Arkansas | state | 2011 | $18,240 | | training reimbursement |
Baldor Electric Company | North Carolina | state | 2011 | $3,775 | | tax credit/rebate |
Baldor Electric Company | North Carolina | state | 2012 | $325,000 | | tax credit/rebate |
Baldor Electric Company | North Carolina | state | 2012 | $495,008 | | tax credit/rebate |
Baldor Electric Company | North Carolina | state | 2012 | $624,546 | | tax credit/rebate |
Baldor Electric Company | South Carolina | state | 2012 | undisclosed | | tax credit/rebate |
BALDOR ELECTRIC COMPANY | Arkansas | state | 2013 | $19,428 | | training reimbursement |
BALDOR ELECTRIC COMPANY | Arkansas | state | 2014 | $24,600 | | training reimbursement |
BALDOR ELECTRIC COMPANY | Arkansas | state | 2014 | $8,320 | | training reimbursement |
BALDOR ELECTRIC COMPANY | Arkansas | state | 2013 | $16,640 | | training reimbursement |
BALDOR ELECTRIC COMPANY | Arkansas | state | 2014 | $27,940 | | training reimbursement |
Baldor Electric Company | North Carolina | state | 2013 | $424,773 | | tax credit/rebate |
Baldor Electric Company | North Carolina | state | 2011 | $25,000 | | grant |
Baldor Electric Company | North Carolina | state | 2011 | $25,000 | | grant |
Baldor Electric Company | North Carolina | state | 2012 | $25,000 | | grant |
Baldor Electric Company | South Carolina | state | 2014 | undisclosed | | tax credit/rebate |
Baldor Electric Company | North Carolina | local | 2012 | $39,000 | | grant |
Baldor Electric Company | North Carolina | local | 2012 | undisclosed | | grant |
Baldor Electric Company | North Carolina | state | 2015 | $45,160 | | tax credit/rebate |
Baldor Electric Company | North Carolina | state | 2016 | $394,439 | | tax credit/rebate |
Baldor Electric Company | North Carolina | state | 2015 | $1,384,518 | | tax credit/rebate |
Baldor Electric Company | Oklahoma | state | 2016 | $18,128 | | property tax abatement |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2007 | $213,943 | | tax credit/rebate |
Baldor Electric Company | North Carolina | state | 2018 | $210,681 | | tax credit/rebate |
Baldor Electric Company | North Carolina | state | 2017 | $209,375 | | tax credit/rebate |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2016 | $10,795 | | tax credit/rebate |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2017 | $2,121 | | tax credit/rebate |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2017 | $16,007 | | tax credit/rebate |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2018 | $5,473 | | tax credit/rebate |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2018 | $9,533 | | tax credit/rebate |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2018 | $13,455 | | tax credit/rebate |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2019 | $4,804 | | tax credit/rebate |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2019 | $8,664 | | tax credit/rebate |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2019 | $12,366 | | tax credit/rebate |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2014 | $124,454 | | tax credit/rebate |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2014 | $130,329 | | tax credit/rebate |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2014 | $134,026 | | tax credit/rebate |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2014 | $146,792 | | tax credit/rebate |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2014 | $213,943 | | tax credit/rebate |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2014 | $226,687 | | tax credit/rebate |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2015 | $149,150 | | tax credit/rebate |
Baldor Electric Company | North Carolina | state | 2017 | $31,069 | | tax credit/rebate |
BALDOR ELECTRIC CO | Oklahoma | state | 2007 | $56,098 | | tax credit/rebate |
BALDOR ELECTRIC CO | Oklahoma | state | 2011 | $70,078 | | tax credit/rebate |
Baldor Electric | Mississippi | state | 2009 | $3,308 | | training reimbursement |
Baldor | North Carolina | state | 2014 | $30,750 | | grant |
Baldor | North Carolina | state | 2014 | $30,750 | | grant |
ABB, INC. | Alabama | state | 2008 | $24,990 | | cost reimbursement |
ABB, INC. | Alabama | state | 2008 | $9,042 | | cost reimbursement |
ABB, INC. | Alabama | state | 2008 | $4,521 | | cost reimbursement |
ABB, INC. | Alabama | state | 2008 | $10,549 | | cost reimbursement |
ABB, INC. | Alabama | state | 2008 | $3,350 | | cost reimbursement |
ABB, INC. | Alabama | state | 2008 | $10,650 | | cost reimbursement |
ABB, Inc. | North Carolina | state | 2008 | $26,520 | | tax credit/rebate |
ABB, Inc. | North Carolina | state | 2009 | $102,750 | | tax credit/rebate |
ABB, Inc. | Pennsylvania | state | | $136,000 | | training reimbursement |
ABB, Inc. | Pennsylvania | state | | $250,000 | | grant |
ABB, Inc. | Pennsylvania | state | 2009 | $55,693 | | tax credit/rebate |