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Subsidy Tracker Parent Company Summary
Parent Company Name: La-Z-Boy
Ownership Structure: publicly traded (ticker symbol LZB)
Headquartered in: Michigan
Major Industry: housewares and home furnishings
Specific Industry: furniture
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $8,140,836 | 15 |
Federal (grants and allocated tax credits) | $0 | 0 |
TOTAL | $8,140,836 | 15 |
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) | $3,588,000 | 1 |
TOTAL | $3,588,000 | 1 |
Time Period for State and Local Awards: Earliest year of data: 1994. 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 |
Michigan | $4,437,000 | 3 |
Tennessee | $1,401,250 | 2 |
Missouri | $1,111,280 | 1 |
California | $947,155 | 3 |
Mississippi | $234,985 | 3 |
All other | $9,166 | 3 |
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 |
La-Z-Boy Company | Tennessee | state | 2017 | $862,000 | | grant |
LA-Z-BOY INCORPORATED-WEST DIVISION | California | state | 2014 | $438,930 | | training reimbursement |
La-Z-Boy, Inc. | Michigan | state | 2013 | $3,000,000 | | grant/loan hybrid program |
La-Z-Boy, Inc. | Michigan | state | 2013 | $237,000 | | tax credit/rebate |
La-Z-Boy, Inc. | Michigan | state | 2013 | $1,200,000 | | infrastructure assistance |
LA-Z-BOY INCORPORATED-WEST DIVISION | California | state | 2012 | undisclosed | | training reimbursement |
La-Z-Boy, Inc. | Tennessee | state | 2012 | $539,250 | | training reimbursement |
La-Z-Boy South | Mississippi | state | 2011 | $49,383 | | training reimbursement |
LA-Z-BOY WEST | California | state | 2011 | $414,630 | | training reimbursement |
La-Z-Boy South | Mississippi | state | 2010 | $46,156 | | training reimbursement |
La-Z-Boy of Arkansas | Arkansas | state | 2010 | $1,600 | | training reimbursement |
La-Z-Boy South | Mississippi | state | 2009 | $139,446 | | training reimbursement |
La-Z-Boy of Arkansas | Arkansas | state | 2009 | $1,280 | | training reimbursement |
La-Z-Boy Showcase Shoppes Of Detroit, Inc | United States | federal | 2009 | | $3,588,000 | federal loan or loan guarantee |
LA-Z-BOY WEST | California | state | 2008 | $93,595 | | training reimbursement |
La-Z-Boy | Oregon | state | 2008 | $6,286 | | tax credit/rebate |
La-Z-Boy of Tennessee | Tennessee | state | 2008 | undisclosed | | training reimbursement |
LZB MANUFACTURING, INC. (LA-Z-BOY) | Missouri | state | 2006 | $1,111,280 | | training reimbursement |
LA-Z-BOY CHAIR COMPANY | Michigan | local | 1994 | undisclosed | | property tax abatement |