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Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: Medtronic
Ownership Structure: publicly traded (ticker symbol MDT)
Headquartered in: Ireland
Major Industry: medical equipment and supplies
Specific Industry: medical devices
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $72,847,930 | 155 |
Federal (grants and allocated tax credits) | $1,525,679 | 2 |
TOTAL | $74,373,609 | 157 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $3,000,000 | 2 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
TOTAL | $3,000,000 | 2 |
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 2012.
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 |
Minnesota | $38,097,557 | 3 |
Tennessee | $8,521,259 | 55 |
Texas | $8,330,000 | 2 |
North Carolina | $5,916,980 | 64 |
Florida | $2,929,000 | 5 |
All other | $9,053,134 | 26 |
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 |
Ludlow Technical Products Corp. | North Carolina | state | 2020 | $7,131 | | tax credit/rebate |
Ludlow Technical Products Corp. | North Carolina | state | 2020 | $2,318 | | tax credit/rebate |
Ludlow Corporation & Affiliates | North Carolina | state | 2016 | $126,136 | | tax credit/rebate |
Ludlow Corporation & Affiliates | North Carolina | state | 2019 | $7,878 | | tax credit/rebate |
Ludlow Corporation & Affiliates | North Carolina | state | 2019 | $57,179 | | tax credit/rebate |
Ludlow Corporation | North Carolina | state | 2011 | $14,094 | | tax credit/rebate |
Ludlow Corporation | North Carolina | state | 2012 | $377,736 | | tax credit/rebate |
Ludlow Corporation | North Carolina | state | 2012 | $28,460 | | tax credit/rebate |
Ludlow Corporation | North Carolina | state | 2013 | $45,588 | | tax credit/rebate |
Ludlow Corporation | North Carolina | state | 2015 | $32,128 | | tax credit/rebate |
Ludlow Corporation | North Carolina | state | 2016 | $77,424 | | tax credit/rebate |
Ludlow Corporation | North Carolina | state | 2015 | $80,767 | | tax credit/rebate |
Ludlow Corporation | North Carolina | state | 2015 | $766,922 | | tax credit/rebate |
Ludlow Corporation | North Carolina | state | 2017 | $75,117 | | tax credit/rebate |
Ludlow Corporation | North Carolina | state | 2018 | $50,925 | | tax credit/rebate |
Ludlow Corporation | North Carolina | state | 2010 | $18,653 | | tax credit/rebate |
Ludlow Corporation | North Carolina | state | 2010 | $1,560 | | tax credit/rebate |
Ludlow Corporation | North Carolina | state | 2013 | $1,722 | | tax credit/rebate |
Ludlow Corporation | North Carolina | state | 2016 | $135,788 | | tax credit/rebate |
Ludlow Corporation | North Carolina | state | 2020 | $21,414 | | tax credit/rebate |
Innerdyne, Inc. | North Carolina | state | 2011 | $2,317 | | tax credit/rebate |
Innerdyne, Inc. | North Carolina | state | 2010 | $2,118 | | tax credit/rebate |
Innerdyne, Inc. | North Carolina | state | 2012 | $1,645 | | tax credit/rebate |
Georgia Packaging, Inc. | Georgia | local | 1996 | | $2,000,000 | industrial revenue bond |
General Surgical Innovations, Inc. | North Carolina | state | 2011 | $1,639 | | tax credit/rebate |
General Surgical Innovations, Inc. | North Carolina | state | 2010 | $1,555 | | tax credit/rebate |
Covidien LP | Indiana | state | 2014 | $1,120,000 | | tax credit/rebate |
COVIDIEN LP | California | state | 2015 | $472,938 | | training reimbursement |
COVIDIEN LP | California | state | 2019 | $547,390 | | training reimbursement |
Covidien Healthcare - Seneca Facility | South Carolina | state | 2010 | undisclosed | | tax credit/rebate |
Covidien | Massachusetts | state | 2008 | undisclosed | | tax credit/rebate |
Covidien | Florida | state | 2013 | $660,000 | | tax credit/rebate |
COVIDIEN | South Carolina | state | 2009 | $1,100,029 | | training reimbursement |
COVIDIEN | South Carolina | state | 2009 | $29,741 | | training reimbursement |
CardioInsight Technologies Inc. | Ohio | state | 2016 | $231,320 | | tax credit/rebate |
CARDIOINSIGHT TECHNOLOGIES INC | Ohio | state | 2012 | | $1,000,000 | loan or bond financing |
CARDIOINSIGHT TECHNOLOGIES INC | Ohio | state | 2011 | $1,000,000 | | grant/loan hybrid program |