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Subsidy Tracker Parent Company Summary
Parent Company Name: Akebono Brake Industry
Ownership Structure: publicly traded
Headquartered in: Japan
Major Industry: automotive parts
Specific Industry: automotive parts
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $8,997,553 | 9 |
Federal (grants and allocated tax credits) | $61,883 | 1 |
TOTAL | $9,059,436 | 10 |
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) | $0 | 0 |
TOTAL | $0 | 0 |
Time Period for State and Local Awards: Earliest year of data: 2003. 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 2010.
Time Period for Federal Awards: FY2000 to the present
Notes: The penalty dollar total above is adjusted to account for the fact that the list of entries below may include both agency records and settlement announcements for the same case. 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 |
Kentucky | $7,078,075 | 6 |
Michigan | $1,830,000 | 1 |
Tennessee | $54,450 | 1 |
South Carolina | $35,028 | 1 |
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 |
Akebono Brake Corporation | Kentucky | state | 2007 | $100,000 | | training reimbursement |
Akebono Brake | Kentucky | state | 2007 | $8,075 | | training reimbursement |
Akebono Brake Corporation | Tennessee | state | 2013 | $54,450 | | training reimbursement |
AKEBONO BRAKE | South Carolina | state | 2010 | $35,028 | | training reimbursement |
Akebono Corporation (North America) | Kentucky | state | 2009 | $800,000 | | tax credit/rebate |
Akebono Corporation (North America) | Kentucky | state | 2007 | $1,350,000 | | tax credit/rebate |
Akebono Engineering Center | Michigan | state | 2010 | $1,830,000 | | tax credit/rebate |
Akebono Brake Corporation d/b/a Akebono Brake, Glasgow Plant (formerly Amak Brake LLC) | Kentucky | state | 2013 | $4,000,000 | | tax credit/rebate |
Akebono Brake Corporation dba Akebono Brake, Elizabethtown Plant | Kentucky | state | 2012 | $820,000 | | tax credit/rebate |
AKEBONO CORP | Michigan | local | 2003 | undisclosed | | property tax abatement |
AKEBONO ENGINEERING CENTER | Michigan | local | 2010 | undisclosed | | property tax abatement |
Akebono Brake Corporation | Tennessee | local | 2016 | undisclosed | | property tax abatement |
Akebono Brake Corporation | Tennessee | local | 2016 | undisclosed | | property tax abatement |
Akebono Brake Corporation | Tennessee | local | 2016 | undisclosed | | property tax abatement |
AKEBONO BRAKE CORPORATION | Tennessee | local | 2017 | undisclosed | | property tax abatement |
Akebono Engineering Center | United States | federal | 2011 | $61,883 | | federal grant |