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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 State and Local Awards: Earliest year of data: 1995. 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: 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.
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Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
Gerdau Ameristeel US Inc. | Tennessee | state | 2008 | undisclosed | | training reimbursement |
Gerdau AmeriSteel Corp | Virginia | state | 2009 | $4,795 | | training reimbursement |
Gerdau Ameristeel US Inc. | Iowa | state | 2005 | $3,081,500 | | training reimbursement |
Gerdau MacSteel | Arkansas | state | 2010 | $53,400 | | training reimbursement |
Gerdau | Arkansas | state | 2011 | $7,360 | | training reimbursement |
Gerdau Ameristeel US Inc. | Tennessee | state | 2013 | $31,000 | | training reimbursement |
Gerdau MacSteel, Inc. | Indiana | state | 2006 | $12,500 | | training reimbursement |
Gerdau MacSteel, Inc. | Indiana | state | 2012 | $92,000 | | training reimbursement |
GERDAU MACSTEEL | Arkansas | state | 2014 | $13,920 | | training reimbursement |
GERDAU MACSTEEL | Arkansas | state | 2013 | $36,320 | | 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 Ameristeel US, Inc. | Tennessee | state | 2013 | $45,000 | | training reimbursement |
Gerdau Ameristee US Inc. | Kentucky | state | 2014 | $25,000 | | training reimbursement |
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. | Iowa | state | 2014 | $70,000 | | training reimbursement |
Gerdau | Minnesota | local | 2012 | $900,000 | | tax credit/rebate and grant |
Gerdau Ameristeel US, Inc. | Iowa | state | 2007 | $614,500 | | tax credit/rebate |
Gerdau Ameristeel U.S. Inc. | Kentucky | state | 2010 | $6,000,000 | | tax credit/rebate |
Gerdau Ameristeel US, Inc. | North Carolina | state | 2008 | $240,359 | | tax credit/rebate |
Gerdau Ameristeel US, Inc. | North Carolina | state | 2009 | $103,063 | | tax credit/rebate |
Gerdau Ameristeel US, Inc. | North Carolina | state | 2010 | $201,844 | | tax credit/rebate |
Gerdau Ameristeel US, Inc. | North Carolina | state | 2008 | $48,600 | | 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 Ameristeel US, Inc. | North Carolina | state | 2011 | $14,671 | | tax credit/rebate |
Gerdau MacSteel, Inc. | Indiana | state | 2012 | $65,000 | | tax credit/rebate |
Gerdau MacSteel, Inc. | Indiana | state | 2007 | $60,000 | | tax credit/rebate |
Gerdau Ameristeel U.S. Inc. | Kentucky | state | 2013 | $6,000,000 | | tax credit/rebate |
Gerdau Ameristeel US, Inc. | North Carolina | state | 2013 | $79,894 | | tax credit/rebate |
Gerdau Ameristeel US, Inc. | North Carolina | state | 2016 | $49,457 | | tax credit/rebate |
Gerdau Ameristeel US, Inc. | North Carolina | state | 2015 | $155,716 | | tax credit/rebate |
Gerdau Ameristeel US, Inc. | North Carolina | state | 2017 | $49,457 | | tax credit/rebate |
GERDAU AMERISTEEL US INC. | Oklahoma | state | 2013 | $226,319 | | tax credit/rebate |
MACSTEEL MONROE INC | Michigan | local | 1995 | undisclosed | | property tax abatement |
MACSTEEL MONROE INC | Michigan | local | 1995 | undisclosed | | property tax abatement |
MACSTEEL MONROE INC | Michigan | local | 2005 | undisclosed | | property tax abatement |
GERDAU MACSTEEL,INC. | Michigan | local | 2011 | undisclosed | | property tax abatement |
MACSTEEL MONROE,INC. | Michigan | local | 2011 | undisclosed | | property tax abatement |
Gerdau Macsteel | Michigan | state | 2008 | undisclosed | | property tax abatement |
Gerdau Macsteel | Michigan | state | 2010 | undisclosed | | property tax abatement |
Gerdau Macsteel Inc. | Michigan | state | 2016 | undisclosed | | property tax abatement |
Gerdau Macsteel | Michigan | state | 2008 | undisclosed | | property tax abatement |
Gerdau Ameristeel | Tennessee | local | 2022 | undisclosed | | property tax abatement |
Gerdau Ameristeel US, Inc. | Iowa | state | 2007 | $1,000,000 | | grant/loan hybrid program |
Gerdau Ameristeel | Virginia | state | 2005 | $100,000 | | grant |
Gerdau Ameristeel | Florida | local | 2005 | $3,000,000 | | grant |
Gerdau Ameristeel | North Carolina | state | 2005 | $150,000 | | grant |
D & R Steel, LLC | Arizona | state | 2007 | undisclosed | | enterprise zone |
D & R Steel, LLC | Arizona | state | 2005 | undisclosed | | enterprise zone |
D & R Steel, LLC | Arizona | state | 2006 | undisclosed | | enterprise zone |