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Subsidy Tracker Parent Company Summary
Parent Company Name: Coherent Corp.
Ownership Structure: publicly traded (ticker symbol COHR)
Headquartered in: California
Major Industry: industrial equipment
Specific Industry: photonics systems
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $8,803,127 | 48 |
Federal (grants and allocated tax credits) | $492,953 | 1 |
TOTAL | $9,296,080 | 49 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $1,023,500 | 1 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $9,000,000 | 2 |
TOTAL | $10,023,500 | 3 |
Time Period for State and Local Awards: Earliest year of data: 1993. 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 2012.
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 |
Connecticut | $4,000,000 | 1 |
Pennsylvania | $2,664,579 | 29 |
Delaware | $1,254,766 | 4 |
Mississippi | $400,000 | 2 |
Florida | $362,775 | 2 |
All other | $121,007 | 10 |
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 |
Rofin-Sinar, Inc. | Alabama | state | 2010 | $11,403 | | cost reimbursement |
Rofin-Sinar, Inc. | Alabama | state | 2011 | $11,202 | | cost reimbursement |
COHERENT, INC. | California | state | 2003 | $45,760 | | training reimbursement |
COHERENT, INC. | California | state | 2007 | $8,112 | | training reimbursement |
II-VI Incorporated | Pennsylvania | state | | $350,000 | | training reimbursement |
II-VI Incorporated | Pennsylvania | state | | $402,000 | | tax credit/rebate |
Optium Corporation | Pennsylvania | state | | $98,000 | | tax credit/rebate |
II-VI Incorporated | Pennsylvania | state | | $250,000 | | grant |
Optium Corporation | Pennsylvania | state | | $75,000 | | grant |
Max Levy Autograph, Inc. | Pennsylvania | state | | | $1,023,500 | loan or bond financing |
II-VI Incorporated | Pennsylvania | state | 2008 | $118,139 | | tax credit/rebate |
Optium Corporation | Pennsylvania | state | 2008 | $73,652 | | tax credit/rebate |
II-VI Incorporated | Pennsylvania | state | 2009 | $63,849 | | tax credit/rebate |
II-VI Incorporated | Pennsylvania | state | 2010 | $69,647 | | tax credit/rebate |
M Cubed Technologies | Delaware | state | 2011 | $1,382 | | training reimbursement |
Marlow Industries | Texas | state | 2009 | undisclosed | | training reimbursement |
Marlow Industries | Texas | state | 2011 | undisclosed | | training reimbursement |
Finisar Corporation | Pennsylvania | state | 2011 | $54,714 | | tax credit/rebate |
II-VI | Mississippi | state | 2012 | $200,000 | | grant |
II-VI | Mississippi | state | 2012 | $200,000 | | grant/loan hybrid program |
VLOC, Inc. | Florida | state | 2000 | $360,000 | | tax credit/rebate |
Optium Corporation | Florida | state | 2002 | undisclosed | | tax credit/rebate |
Finisar Corporation | Pennsylvania | state | 2012 | $135,943 | | tax credit/rebate |
II-VI Incorporated | Pennsylvania | state | 2012 | $135,842 | | tax credit/rebate |
Rofin-Baasel, Inc. | Alabama | state | 2013 | $9,700 | | cost reimbursement |
Rofin-Baasel, Inc. | Alabama | state | 2013 | $9,700 | | cost reimbursement |
Rofin-Baasel, Inc. | Alabama | state | 2013 | $9,700 | | cost reimbursement |
Rofin-Baasel, Inc. | Alabama | state | 2013 | $9,700 | | cost reimbursement |
Nufern, Inc. | Connecticut | state | 2013 | $4,000,000 | | grant/loan hybrid program |
Lightsmyth Technologies, Inc | Oregon | state | 2013 | $3,150 | | property tax abatement |
II-VI Incorporated | Pennsylvania | state | 2013 | $125,832 | | tax credit/rebate |
Finisar Corporation | Pennsylvania | state | 2013 | $66,625 | | tax credit/rebate |
Max Levy Autograph, Inc. | Pennsylvania | state | 2013 | $9,462 | | tax credit/rebate |
Finisar Corporation | Pennsylvania | state | 2014 | $92,117 | | tax credit/rebate |
Max Levy Autograph, Inc. | Pennsylvania | state | 2014 | $1,138 | | tax credit/rebate |
II-VI Incorporated | Pennsylvania | state | 2015 | $86,050 | | tax credit/rebate |
Finisar Corporation | Pennsylvania | state | 2015 | $82,486 | | tax credit/rebate |
Max Levy Autograph, Inc. | Pennsylvania | state | 2015 | $15,190 | | tax credit/rebate |
M Cubed Technologies Inc. | Delaware | state | 2015 | $3,980 | | training reimbursement |
M Cubed Technologies Inc. - Consortium | Delaware | state | 2015 | $3,690 | | training reimbursement |
M Cubed Technologies Inc. | Delaware | state | 2017 | $1,245,714 | | grant/loan hybrid program |
Lightsmyth Technologies Inc. | Oregon | state | 2016 | $2,580 | | property tax abatement |
Finisar Corporation | Pennsylvania | state | 2016 | $91,146 | | tax credit/rebate |
II-VI Incorporated | Pennsylvania | state | 2016 | $154,183 | | tax credit/rebate |
Max Levy Autograph, Inc. | Pennsylvania | state | 2016 | $18,606 | | tax credit/rebate |
II VI Incorporated | Pennsylvania | state | 2017 | $32,665 | | tax credit/rebate |
Finisar Corporation | Pennsylvania | state | 2017 | $25,438 | | tax credit/rebate |
II VI Optical Systems, Inc. | Pennsylvania | state | 2017 | $2,455 | | tax credit/rebate |
VLOC Incorporated | Florida | state | 2013 | undisclosed | | tax credit/rebate |
II VI INCORPORATED | Pennsylvania | state | 2020 | $17,400 | | tax credit/rebate |
Ii-Vi Aerospace & Defense, Inc. | Pennsylvania | state | 2021 | $12,100 | | tax credit/rebate |
Finisar Corporation | Pennsylvania | state | 2021 | $4,900 | | tax credit/rebate |
ROFIN-SINAR, INC. | Michigan | local | 1993 | undisclosed | | property tax abatement |
ROFIN-SINAR, INC. | Michigan | local | 1993 | undisclosed | | property tax abatement |
ROFIN-SINAR, INC. | Michigan | local | 2001 | undisclosed | | property tax abatement |
VLOC | Florida | local | 2000 | $2,775 | | grant |
Coherent, Inc. | United States | federal | 2013 | $492,953 | | federal grant |
M Cubed Technologies Inc | United States | federal | 2011 | | $4,500,000 | federal loan or loan guarantee |
M Cubed Technologies Inc | United States | federal | 2012 | | $4,500,000 | federal loan or loan guarantee |