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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 |
Abb Inc - QJ | Oklahoma | state | 2023 | $70,831 | | grant |
Abb Inc - QJ | Oklahoma | state | 2023 | $56,598 | | grant |
Abb Inc - QJ | Oklahoma | state | 2023 | $72,633 | | grant |
Abb Inc - QJ | Oklahoma | state | 2023 | $96,146 | | grant |
Abb Inc - QJ | Oklahoma | state | 2023 | $97,545 | | grant |
Abb Inc | United States | federal | 2023 | $820,173 | | federal grant |
ABB, Inc. | Michigan | state | 2023 | $450,000 | | tax credit/rebate |
ABB INC - QJ | Oklahoma | state | 2022 | $50,261 | | grant |
ABB INC - QJ | Oklahoma | state | 2022 | $52,773 | | grant |
ABB INC - QJ | Oklahoma | state | 2022 | $53,646 | | grant |
ABB INC - QJ | Oklahoma | state | 2022 | $57,564 | | grant |
ABB INC | Ohio | state | 2022 | $7,500 | | grant |
ABB INC | Ohio | state | 2022 | $7,500 | | grant |
ABB INC | Ohio | state | 2022 | $10,000 | | grant |
ABB INC - QJ | Oklahoma | state | 2021 | $52,524 | | grant |
ABB INC - QJ | Oklahoma | state | 2021 | $88,037 | | grant |
ABB INC - QJ | Oklahoma | state | 2021 | $108,867 | | grant |
ABB Motors and Mechanical, Inc. | North Carolina | state | 2021 | $38,486 | | tax credit/rebate |
ABB Motors and Mechanical, Inc. | North Carolina | state | 2021 | $120,852 | | tax credit/rebate |
ABB INC | Ohio | state | 2020 | $10,000 | | grant |
ABB INC | Ohio | state | 2020 | $10,000 | | grant |
ABB INC | Ohio | state | 2020 | $10,000 | | grant |
ABB INC | Ohio | state | 2020 | $10,000 | | grant |
ABB MOTORS & MECHANICAL INC | Oklahoma | state | 2020 | $4,750 | | tax credit/rebate |
ABB MOTORS & MECHANICAL INC | Oklahoma | state | 2020 | $8,125 | | tax credit/rebate |
ABB MOTORS & MECHANICAL INC | Oklahoma | state | 2020 | $12,064 | | tax credit/rebate |
ABB INC - QJ | Oklahoma | state | 2020 | $64,258 | | grant |
ABB INC - QJ | Oklahoma | state | 2020 | $86,850 | | grant |
ABB INC - QJ | Oklahoma | state | 2020 | $102,805 | | grant |
ABB Motors and Mechanical, Inc. | North Carolina | state | 2020 | $189,668 | | tax credit/rebate |
Abb Inc. | United States | federal | 2020 | $4,333,028 | | federal grant |
ABB | Virginia | state | 2020 | $140,000 | | grant |
ABB Motors and Mechanical, Inc. | North Carolina | state | 2019 | $181,945 | | tax credit/rebate |
ABB Inc. II | North Carolina | state | 2019 | $4,369,500 | | grant |
ABB, Inc. | Mississippi | state | 2019 | $4,250,000 | | grant |
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 |
ABB MOTORS AND MECHANICAL INC. | Oklahoma | state | 2019 | $83,340 | | tax credit/rebate |
Abb Inc. | United States | federal | 2019 | $2,302,897 | | federal grant |
Thomas & Betts Corporation | Tennessee | state | 2018 | $710,000 | | grant |
ABB Inc. | Mississippi | state | 2018 | undisclosed | | tax credit/rebate |
Thomas & Betts Corporation | Tennessee | state | 2018 | $710,000 | | grant |
Baldor Electric Company | North Carolina | state | 2018 | $210,681 | | tax credit/rebate |
ABB, Inc. | North Carolina | state | 2018 | $44,166 | | tax credit/rebate |
ABB Inc. | Mississippi | state | 2018 | undisclosed | | grant |
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 |
ABB INC. | Oklahoma | state | 2018 | $22,629 | | tax credit/rebate |
ABB MOTORS AND MECHANICAL INC. | Oklahoma | state | 2018 | $115,490 | | tax credit/rebate |
Abb Inc. | United States | federal | 2018 | $1,167,955 | | federal grant |
Abb Inc. | United States | federal | 2018 | $2,506,987 | | federal grant |
Abb Inc. | United States | federal | 2018 | $2,490,780 | | federal grant |
Abb Holdings Inc | West Virginia | state | 2018 | undisclosed | | tax credit/rebate |
Abb Holdings Inc | West Virginia | state | 2018 | undisclosed | | tax credit/rebate |
ABB, Inc. | Connecticut | state | 2017 | $750,000 | | grant/loan hybrid program |
Thomas & Betts Corp. | Tennessee | local | 2017 | $1,373,304 | | property tax abatement |
Thomas & Betts Corp. | Tennessee | local | 2017 | $1,769,268 | | property tax abatement |
Baldor Electric Company | North Carolina | state | 2017 | $209,375 | | tax credit/rebate |
ABB, Inc. | North Carolina | state | 2017 | $127,291 | | tax credit/rebate |
ABB, Inc. | North Carolina | state | 2017 | $26,425 | | 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 |
ABB INC. | Oklahoma | state | 2017 | $53,945 | | tax credit/rebate |
ABB MOTORS AND MECHANICAL INC. | Oklahoma | state | 2017 | $282,152 | | tax credit/rebate |
Baldor Electric Company | North Carolina | state | 2017 | $31,069 | | tax credit/rebate |
Abb Holdings Inc | West Virginia | state | 2017 | undisclosed | | tax credit/rebate |
Abb Holdings Inc | West Virginia | state | 2017 | undisclosed | | tax credit/rebate |
ABB, Inc. | Louisiana | state | 2016 | $24,625 | | property tax abatement |
ABB, Inc. | North Carolina | state | 2016 | $246,154 | | tax credit/rebate |
Baldor Electric Company | North Carolina | state | 2016 | $394,439 | | tax credit/rebate |
ABB, Inc. | North Carolina | state | 2016 | $411,552 | | tax credit/rebate |
Baldor Electric Company | Oklahoma | state | 2016 | $18,128 | | property tax abatement |
ABB Inc | Virginia | state | 2016 | $13,501 | | enterprise zone |
ABB | Mississippi | state | 2016 | $100,000 | | training reimbursement |
ABB, Inc. | Ohio | state | 2016 | undisclosed | | enterprise zone |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2016 | $10,795 | | tax credit/rebate |
ABB INC. | Oklahoma | state | 2016 | $39,023 | | tax credit/rebate |
ABB MOTORS AND MECHANICAL INC. | Oklahoma | state | 2016 | $222,290 | | tax credit/rebate |
Abb Inc. | United States | federal | 2016 | $260,457 | | federal grant |
Abb Inc. | United States | federal | 2016 | $2,274,152 | | federal grant |
Abb Inc. | United States | federal | 2016 | $2,141,014 | | federal grant |
Abb Inc. | United States | federal | 2016 | $356,265 | | federal grant |
Abb Holdings Inc | West Virginia | state | 2016 | undisclosed | | tax credit/rebate |
Abb Holding Inc | West Virginia | state | 2016 | undisclosed | | tax credit/rebate |
ABB INC | Oklahoma | state | 2015 | $83,453 | | grant |
ABB INC | Oklahoma | state | 2015 | $59,874 | | grant |
ABB INC | Oklahoma | state | 2015 | $58,281 | | grant |
ABB INC | Oklahoma | state | 2015 | $38,942 | | grant |
ABB INC | Oklahoma | state | 2015 | $26,707 | | grant |
ABB INC | Oklahoma | state | 2015 | $25,534 | | grant |
ABB INC. | Oklahoma | state | 2015 | $57,536 | | grant |
ABB INC. | Oklahoma | state | 2015 | $44,396 | | grant |
ABB, Inc. | Louisiana | state | 2015 | $4,497 | | property tax abatement |
ABB, Inc. | Virginia | state | 2015 | $39,888 | | enterprise zone |
ABB | North Carolina | state | 2015 | $22,000 | | grant |
Baldor Electric Company | North Carolina | state | 2015 | $45,160 | | tax credit/rebate |
ABB, Inc. | North Carolina | state | 2015 | $1,270,825 | | tax credit/rebate |
ABB, Inc. | North Carolina | state | 2015 | $1,368,593 | | tax credit/rebate |
Baldor Electric Company | North Carolina | state | 2015 | $1,384,518 | | tax credit/rebate |