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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 | $96,146 | | grant |
ABB Power T&D Company, Inc. | Florida | state | 1998 | $95,000 | | tax credit/rebate |
K-TEK, Corporation | Louisiana | state | 2009 | $94,361 | | property tax abatement |
Baldor Electric Company (#1)-Clevela | North Carolina | state | 2012 | $89,490 | | grant |
ABB INC - QJ | Oklahoma | state | 2021 | $88,037 | | grant |
ABB INC - QJ | Oklahoma | state | 2020 | $86,850 | | grant |
ABB INC | Oklahoma | state | 2015 | $83,453 | | grant |
ABB MOTORS AND MECHANICAL INC. | Oklahoma | state | 2019 | $83,340 | | tax credit/rebate |
ABB INC | Oklahoma | state | 2014 | $78,469 | | grant |
ABB Inc. | Virginia | state | 2006 | $75,000 | | grant |
Abb Inc - QJ | Oklahoma | state | 2023 | $72,633 | | grant |
Abb Inc - QJ | Oklahoma | state | 2023 | $70,831 | | grant |
BALDOR ELECTRIC CO | Oklahoma | state | 2011 | $70,078 | | tax credit/rebate |
THOMAS & BETTS CORPORATION | Tennessee | local | 2008 | $67,427 | | property tax abatement |
ABB, Inc. | Virginia | state | 2011 | $66,953 | | enterprise zone |
ABB, Inc. | Virginia | state | 2012 | $64,554 | | enterprise zone |
ABB INC - QJ | Oklahoma | state | 2020 | $64,258 | | grant |
ABB INC | Oklahoma | state | 2013 | $61,070 | | grant |
ABB INC | Oklahoma | state | 2014 | $60,936 | | grant |
ABB, Inc. | North Carolina | state | 2011 | $60,000 | | tax credit/rebate |
ABB INC | Oklahoma | state | 2015 | $59,874 | | grant |
ABB INC | Oklahoma | state | 2014 | $58,813 | | grant |
ABB INC | Oklahoma | state | 2015 | $58,281 | | grant |
ABB INC | Oklahoma | state | 2014 | $58,023 | | grant |
ABB INC - QJ | Oklahoma | state | 2022 | $57,564 | | grant |
ABB INC. | Oklahoma | state | 2015 | $57,536 | | grant |
Abb Inc - QJ | Oklahoma | state | 2023 | $56,598 | | grant |
BALDOR ELECTRIC CO | Oklahoma | state | 2007 | $56,098 | | tax credit/rebate |
ABB INC | Oklahoma | state | 2010 | $56,021 | | grant |
ABB, Inc. | Pennsylvania | state | 2009 | $55,693 | | tax credit/rebate |
ABB INC - QJ | Oklahoma | state | 2013 | $54,904 | | grant |
ABB - South Boston | Virginia | state | 2009 | $54,885 | | training reimbursement |
ABB INC | Oklahoma | state | 2013 | $54,771 | | grant |
ABB INC. | Oklahoma | state | 2017 | $53,945 | | tax credit/rebate |
ABB INC - QJ | Oklahoma | state | 2022 | $53,646 | | grant |
ABB INC | Oklahoma | state | 2013 | $52,780 | | grant |
ABB INC - QJ | Oklahoma | state | 2022 | $52,773 | | grant |
ABB INC - QJ | Oklahoma | state | 2021 | $52,524 | | grant |
ABB INC - QJ | Oklahoma | state | 2022 | $50,261 | | grant |
ABB, Inc. | Louisiana | state | 2012 | $50,009 | | property tax abatement |
ABB, Inc. | North Carolina | state | 2012 | $47,250 | | tax credit/rebate |
ABB INC | Oklahoma | state | 2013 | $45,179 | | grant |
Baldor Electric Company | North Carolina | state | 2015 | $45,160 | | tax credit/rebate |
ABB INC. | Oklahoma | state | 2015 | $44,396 | | grant |
ABB INC | Oklahoma | state | 2008 | $44,314 | | grant |
ABB, Inc. | North Carolina | state | 2018 | $44,166 | | tax credit/rebate |
ABB INC | Oklahoma | state | 2010 | $44,062 | | grant |
ABB INC | Oklahoma | state | 2010 | $42,668 | | grant |
ABB INC | Oklahoma | state | 2010 | $42,496 | | grant |
ABB - South Boston | Virginia | state | 2012 | $41,892 | | training reimbursement |
ABB INC | Oklahoma | state | 2011 | $41,777 | | grant |
ABB INC | Oklahoma | state | 2013 | $41,039 | | grant |
ABB, Inc. | Virginia | state | 2015 | $39,888 | | enterprise zone |
ABB INC | Oklahoma | state | 2010 | $39,315 | | grant |
ABB INC. | Oklahoma | state | 2016 | $39,023 | | tax credit/rebate |
Baldor Electric Company | North Carolina | local | 2012 | $39,000 | | grant |
ABB INC | Oklahoma | state | 2015 | $38,942 | | grant |
ABB Motors and Mechanical, Inc. | North Carolina | state | 2021 | $38,486 | | tax credit/rebate |
ABB INC | Oklahoma | state | 2010 | $38,365 | | grant |
ABB INC | Oklahoma | state | 2010 | $36,385 | | grant |
ABB INC | Oklahoma | state | 2013 | $35,700 | | grant |
ABB INC | Oklahoma | state | 2011 | $34,847 | | grant |
ABB Flexible Automation. | Alabama | state | 2011 | $34,795 | | cost reimbursement |
Thomas & Betts Corp. | New York | local | 2004 | $34,613 | | tax credit/rebate; property tax abatement |
ABB INC | Oklahoma | state | 2011 | $34,374 | | grant |
ABB INC | Oklahoma | state | 2008 | $33,570 | | grant |
ABB Flexible Automation. | Alabama | state | 2010 | $32,000 | | cost reimbursement |
ABB Flexible Automation. | Alabama | state | 2010 | $31,950 | | cost reimbursement |
Baldor Electric Company | North Carolina | state | 2017 | $31,069 | | tax credit/rebate |
Baldor | North Carolina | state | 2014 | $30,750 | | grant |
Baldor | North Carolina | state | 2014 | $30,750 | | grant |
ABB INC | Oklahoma | state | 2013 | $30,543 | | grant |
K-TEK, Corporation | Louisiana | state | 2008 | $30,116 | | property tax abatement |
ABB INC. | Oklahoma | state | 2015 | $29,358 | | tax credit/rebate |
ABB Flexible Automation. | Alabama | state | 2010 | $29,260 | | cost reimbursement |
ABB Flexible Automation. | Alabama | state | 2010 | $29,068 | | cost reimbursement |
ABB INC | Oklahoma | state | 2008 | $28,267 | | grant |
BALDOR ELECTRIC COMPANY | Arkansas | state | 2014 | $27,940 | | training reimbursement |
Thomas & Betts | South Carolina | state | 2013 | $27,692 | | training reimbursement |
ABB INC | Oklahoma | state | 2008 | $27,173 | | grant |
ABB INC | Oklahoma | state | 2015 | $26,707 | | grant |
ABB, Inc. | North Carolina | state | 2008 | $26,520 | | tax credit/rebate |
ABB, Inc. | North Carolina | state | 2017 | $26,425 | | tax credit/rebate |
ABB INC | Oklahoma | state | 2015 | $25,534 | | grant |
ABB INC | Oklahoma | state | 2008 | $25,478 | | grant |
ABB - South Boston | Virginia | state | 2012 | $25,017 | | training reimbursement |
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 |
ABB, INC. | Alabama | state | 2008 | $24,990 | | cost reimbursement |
ABB INC | Oklahoma | state | 2008 | $24,793 | | grant |
ABB, Inc. | Louisiana | state | 2016 | $24,625 | | property tax abatement |
BALDOR ELECTRIC COMPANY | Arkansas | state | 2014 | $24,600 | | training reimbursement |
ABB, Inc. | Virginia | state | 2014 | $24,536 | | enterprise zone |
Baldor Electric Company-Buncombe | North Carolina | state | 2013 | $24,320 | | grant |
ABB Flexible Automation. | Alabama | state | 2010 | $24,000 | | cost reimbursement |
ABB Flexible Automation. | Alabama | state | 2010 | $24,000 | | cost reimbursement |
ABB Flexible Automation. | Alabama | state | 2010 | $24,000 | | cost reimbursement |
Thomas & Betts | New York | state | 2002 | $24,000 | | enterprise zone |
ABB Flexible Automation. | Alabama | state | 2010 | $23,641 | | cost reimbursement |
Baldor Electric Company | Arkansas | state | 2010 | $22,950 | | training reimbursement |