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Subsidy Tracker Parent Company Summary
Parent Company Name: Fincantieri
Ownership Structure: publicly traded
Headquartered in: Italy
Major Industry: heavy equipment
Specific Industry: shipbuilding
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $14,800,000 | 4 |
Federal (grants and allocated tax credits) | $3,475,140 | 3 |
TOTAL | $18,275,140 | 7 |
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 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 |
Wisconsin | $13,000,000 | 2 |
Florida | $1,800,000 | 2 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
Fincantieri Marine Systems North America, Inc. | Florida | local | 2020 | $300,000 | | tax credit/rebate |
Fincantieri Marine Group LLC | Wisconsin | state | 2022 | $12,000,000 | | tax credit/rebate |
Fincantieri Marine Systems North America, Inc. | Florida | state | 2020 | undisclosed | | tax credit/rebate |
Fincantieri Marine Systems North America, Inc. | Florida | state | 2020 | $1,500,000 | | tax credit/rebate |
Fincantieri Marinette Marine | Wisconsin | state | 2021 | $1,000,000 | | grant |
Fincantieri Marine Group, LLC | United States | federal | 2018 | $1,401,061 | | federal grant |
Fincantieri Marine Group, LLC | United States | federal | 2022 | $1,200,000 | | federal grant |
Fincantieri Marine Repair, LLC | United States | federal | 2023 | $874,079 | | federal grant |