Basic Search
|
Geographic Searches
|
Advanced Search |
Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: Gerdau
Ownership Structure: publicly traded
Headquartered in: Brazil
Major Industry: metals
Specific Industry: steel
| Subsidy Summary | Subsidy Value | Number of Awards |
| State/Local | $24,773,548 | 40 |
| Federal (grants and allocated tax credits) | $0 | 0 |
| TOTAL | $24,773,548 | 40 |
| 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 |
| Kentucky | $12,178,500 | 7 |
| Iowa | $4,766,000 | 4 |
| Florida | $3,000,000 | 1 |
| Arkansas | $2,199,373 | 8 |
| North Carolina | $1,093,061 | 10 |
| All other | $1,536,614 | 10 |
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 |
| Gerdau Ameristeel | Tennessee | local | 2022 | undisclosed | | property tax abatement |
| Gerdau Ameristeel US, Inc. | North Carolina | state | 2017 | $49,457 | | tax credit/rebate |
| Gerdau Ameristeel US Inc. | Kentucky | state | 2016 | $25,000 | | training reimbursement |
| Gerdau Ameristeel US Inc. | Kentucky | state | 2016 | $87,500 | | training reimbursement |
| Gerdau Ameristeel US Inc. | Kentucky | state | 2016 | $16,000 | | training reimbursement |
| Gerdau Ameristeel US, Inc. | North Carolina | state | 2016 | $49,457 | | tax credit/rebate |
| Gerdau Macsteel Inc. | Michigan | state | 2016 | undisclosed | | property tax abatement |
| Gerdau Ameristeel US, Inc. | North Carolina | state | 2015 | $155,716 | | tax credit/rebate |
| GERDAU MACSTEEL | Arkansas | state | 2014 | $13,920 | | training reimbursement |
| GERDAU MACSTEEL (dba MACSTEEL DIVISION) | Arkansas | state | 2014 | $8,000 | | training reimbursement |
| Gerdau Ameristeel US Inc. | Kentucky | state | 2014 | $25,000 | | training reimbursement |
| Gerdau Ameristee US Inc. | Kentucky | state | 2014 | $25,000 | | training reimbursement |
| Gerdau Ameristeel Us Inc. | Iowa | state | 2014 | $70,000 | | training reimbursement |
| Gerdau Ameristeel US Inc. | Tennessee | state | 2013 | $31,000 | | training reimbursement |
| Gerdau Ameristeel U.S. Inc. | Kentucky | state | 2013 | $6,000,000 | | tax credit/rebate |
| GERDAU MACSTEEL | Arkansas | state | 2013 | $36,320 | | training reimbursement |
| Gerdau Ameristeel US, Inc. | North Carolina | state | 2013 | $79,894 | | tax credit/rebate |
| Gerdau Ameristeel US, Inc. | Tennessee | state | 2013 | $45,000 | | training reimbursement |
| GERDAU AMERISTEEL US INC. | Oklahoma | state | 2013 | $226,319 | | tax credit/rebate |
| Gerdau MacSteel, Inc. | Indiana | state | 2012 | $65,000 | | tax credit/rebate |
| Gerdau MacSteel, Inc. | Indiana | state | 2012 | $92,000 | | training reimbursement |
| Gerdau | Minnesota | local | 2012 | $900,000 | | tax credit/rebate and grant |
| Gerdau | Arkansas | state | 2011 | $7,360 | | training reimbursement |
| GERDAU MACSTEEL,INC. | Michigan | local | 2011 | undisclosed | | property tax abatement |
| MACSTEEL MONROE,INC. | Michigan | local | 2011 | undisclosed | | property tax abatement |
| Gerdau Ameristeel US, Inc. | North Carolina | state | 2011 | $14,671 | | tax credit/rebate |
| Gerdau Ameristeel U.S. Inc. | Kentucky | state | 2010 | $6,000,000 | | tax credit/rebate |
| Gerdau Ameristeel US, Inc. | North Carolina | state | 2010 | $201,844 | | tax credit/rebate |
| GERDAU MACSTEEL | Arkansas | state | 2010 | $474,128 | | tax credit/rebate |
| GERDAU MACSTEEL | Arkansas | state | 2010 | $63,379 | | tax credit/rebate |
| GERDAU MACSTEEL | Arkansas | state | 2010 | $1,542,866 | | tax credit/rebate |
| Gerdau MacSteel | Arkansas | state | 2010 | $53,400 | | training reimbursement |
| Gerdau Macsteel | Michigan | state | 2010 | undisclosed | | property tax abatement |
| Gerdau Ameristeel US, Inc. | North Carolina | state | 2009 | $103,063 | | tax credit/rebate |
| Gerdau AmeriSteel Corp | Virginia | state | 2009 | $4,795 | | training reimbursement |
| Gerdau Ameristeel US, Inc. | North Carolina | state | 2008 | $240,359 | | tax credit/rebate |
| Gerdau Ameristeel US, Inc. | North Carolina | state | 2008 | $48,600 | | tax credit/rebate |
| Gerdau Ameristeel US Inc. | Tennessee | state | 2008 | undisclosed | | training reimbursement |
| Gerdau Macsteel | Michigan | state | 2008 | undisclosed | | property tax abatement |
| Gerdau Macsteel | Michigan | state | 2008 | undisclosed | | property tax abatement |
| Gerdau Ameristeel US, Inc. | Iowa | state | 2007 | $1,000,000 | | grant/loan hybrid program |
| Gerdau Ameristeel US, Inc. | Iowa | state | 2007 | $614,500 | | tax credit/rebate |
| D & R Steel, LLC | Arizona | state | 2007 | undisclosed | | enterprise zone |
| Gerdau MacSteel, Inc. | Indiana | state | 2007 | $60,000 | | tax credit/rebate |
| D & R Steel, LLC | Arizona | state | 2006 | undisclosed | | enterprise zone |
| Gerdau MacSteel, Inc. | Indiana | state | 2006 | $12,500 | | training reimbursement |
| MACSTEEL MONROE INC | Michigan | local | 2005 | undisclosed | | property tax abatement |
| Gerdau Ameristeel | Virginia | state | 2005 | $100,000 | | grant |
| Gerdau Ameristeel US Inc. | Iowa | state | 2005 | $3,081,500 | | training reimbursement |
| D & R Steel, LLC | Arizona | state | 2005 | undisclosed | | enterprise zone |
| Gerdau Ameristeel | Florida | local | 2005 | $3,000,000 | | grant |
| Gerdau Ameristeel | North Carolina | state | 2005 | $150,000 | | grant |
| MACSTEEL MONROE INC | Michigan | local | 1995 | undisclosed | | property tax abatement |
| MACSTEEL MONROE INC | Michigan | local | 1995 | undisclosed | | property tax abatement |
