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Subsidy Tracker Parent Company Summary
Parent Company Name: Fontana Gruppo
Ownership Structure: privately held
Headquartered in: Italy
Major Industry: industrial equipment
Specific Industry: industrial equipment
| Subsidy Summary | Subsidy Value | Number of Awards |
| State/Local | $1,675,100 | 9 |
| Federal (grants and allocated tax credits) | $0 | 0 |
| TOTAL | $1,675,100 | 9 |
| 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) | $700,000 | 2 |
| TOTAL | $700,000 | 2 |
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 2011.
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 |
| Michigan | $1,170,000 | 4 |
| Iowa | $260,100 | 3 |
| Indiana | $245,000 | 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  . |
| Camcar LLC | Indiana | state | 2011 | $45,000 | | training reimbursement |
| Acument Global Technologies | Iowa | state | 2009 | $107,550 | | tax credit/rebate |
| Acument Global Technologies (Camcar, LLC) | Iowa | state | 2009 | $107,550 | | tax credit/rebate |
| Acument Global Technologies | Michigan | state | 2011 | $66,000 | | tax credit/rebate |
| Acument Global Technologies | Michigan | state | 2011 | $148,000 | | tax credit/rebate |
| Acument Global Technologies | Michigan | state | 2011 | $875,000 | | tax credit/rebate |
| Camcar LLC | Indiana | state | 2011 | $200,000 | | tax credit/rebate |
| RING SCREW WORKS-FENTON HEADING DIV. | Michigan | local | 1993 | undisclosed | | property tax abatement |
| RING SCREW WORKS | Michigan | local | 1996 | undisclosed | | property tax abatement |
| RING SCREW WORKS | Michigan | local | 1998 | undisclosed | | property tax abatement |
| RING SCREW WORKS | Michigan | local | 1998 | undisclosed | | property tax abatement |
| RING SCREW TEXTRON INC. | Michigan | local | 1999 | undisclosed | | property tax abatement |
| RING SCREW TEXTRON INC | Michigan | local | 1999 | undisclosed | | property tax abatement |
| RING SCREW,LLC | Michigan | local | 2011 | undisclosed | | property tax abatement |
| RING SCREW,LLC | Michigan | local | 2011 | undisclosed | | property tax abatement |
| RING SCREW,LLC | Michigan | local | 2011 | undisclosed | | property tax abatement |
| RING SCREW,LLC | Michigan | local | 2011 | undisclosed | | property tax abatement |
| Acument Global Technologies | Michigan | state | 2011 | $81,000 | | property tax abatement |
| Acument Global Technologies Camcar | Tennessee | local | 2016 | undisclosed | | property tax abatement |
| ACUMENT GLOBAL TECH COMCAR | Tennessee | local | 2017 | undisclosed | | property tax abatement |
| ACUMENT GLOBAL TECH COMCAR | Tennessee | local | 2018 | undisclosed | | property tax abatement |
| ACUMENT GLOBAL TECH FONTANA GROUP | Tennessee | Local | 2020 | undisclosed | | property tax abatement |
| Acument Global Technologies (Camcar, LLC) | Iowa | state | 2009 | $45,000 | | grant/loan hybrid program |
| Saturn Fasteners Inc | United States | federal | 2007 | | $350,000 | federal loan or loan guarantee |
| Saturn Fasteners Inc | United States | federal | 2008 | | $350,000 | federal loan or loan guarantee |
