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Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: Nucor
Ownership Structure: publicly traded (ticker symbol NUE)
Headquartered in: North Carolina
Major Industry: metals
Specific Industry: steel
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $2,538,704,578 | 136 |
Federal (grants and allocated tax credits) | $56,545 | 3 |
TOTAL | $2,538,761,123 | 139 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $15,000,000 | 1 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $643,650,000 | 6 |
TOTAL | $658,650,000 | 7 |
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 2013.
Time Period for Federal Awards: FY2000 to the present
Notes: The dollar total above adjusts for the fact that there is an overlap between the amount in the Megadeal entry and that of one or more of the other entries. 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 |
West Virginia | $1,700,000,000 | 1 |
Louisiana | $255,000,000 | 2 |
Kentucky | $175,874,999 | 21 |
North Carolina | $164,706,000 | 2 |
Alabama | $85,000,000 | 1 |
All other | $158,123,579 | 109 |
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 |
Nucor Steel | New York | local | 2003 | $210,048 | | tax credit/rebate; property tax abatement |
Nucor Steel | New York | local | 2004 | $218,024 | | tax credit/rebate; property tax abatement |
Nucor Steel | New York | local | 2007 | $596,029 | | tax credit/rebate; property tax abatement |
NUCOR STEEL | Arkansas | state | 2010 | $2,301,555 | | tax credit/rebate |
NUCOR STEEL | Arkansas | state | 2010 | $2,501,937 | | tax credit/rebate |
Nucor Steel | Utah | state | 2011 | $19,615 | | training reimbursement |
Nucor Steel | Utah | state | 2010 | $18,855 | | training reimbursement |
Nucor Steel | Utah | state | 2009 | $27,517 | | training reimbursement |
NUCOR STEEL | Tennessee | local | 2009 | $2,786,374 | | property tax abatement |
NUCOR STEEL | Tennessee | local | 2013 | $578,470 | | property tax abatement |
Nucor Steel | New York | local | 2012 | $639,185 | | tax credit/rebate; property tax abatement |
Nucor Steel | New York | local | 2013 | $895,949 | | tax credit/rebate; property tax abatement |
Nucor Steel | New York | local | 2014 | $1,004,304 | | tax credit/rebate |
Nucor Steel | New York | local | 2015 | $1,047,559 | | tax credit/rebate |
Nucor Steel | New York | local | 2016 | $1,020,550 | | tax credit/rebate |
Nucor Steel | New York | local | 2017 | $1,035,637 | | tax credit/rebate |
Nucor Steel | New York | Local | 2018 | $1,028,102 | | tax credit/rebate |
Nucor Steel | New York | local | 2019 | $1,046,132 | | tax credit/rebate |
Nucor Steel | New York | local | 2020 | $1,055,250 | | tax credit/rebate |
Nucor Sheet Mill Group | United States | federal | 2011 | | $2,700,000 | federal loan or loan guarantee |
Nucor Sheet Mill Group | United States | federal | 2012 | | $2,700,000 | federal loan or loan guarantee |
NUCOR SATURN HOLDING INC | Arkansas | state | 2013 | $1,280 | | training reimbursement |
Nucor Corporation | Nebraska | state | 2007 | undisclosed | | tax credit/rebate |
Nucor Corporation | Texas | state | 2006 | undisclosed | | property tax abatement |
Nucor Corporation | Texas | state | 2007 | undisclosed | | property tax abatement |
Nucor Corporation | Texas | state | 2011 | $65,773 | | training reimbursement |
Nucor Corporation | Indiana | state | 2010 | $105,400 | | training reimbursement |
Nucor Corporation | United States | federal | 2010 | | $2,250,000 | federal loan or loan guarantee |
Nucor Corporation | United States | federal | 2014 | | $18,000,000 | federal loan or loan guarantee |
Nucor Corporation | Nebraska | state | 2014 | undisclosed | | tax credit/rebate |
NUCOR CORPORATION | Arkansas | state | | $340,724 | | tax credit/rebate |
NUCOR CORPORATION | Arkansas | state | | $6,926,760 | | tax credit/rebate |
Nucor Corporation | Kentucky | state | 2019 | $10,000,000 | | tax credit/rebate |
NUCOR CORPORATION | Missouri | state | 2019 | $660,000 | | tax credit/rebate |
NUCOR CORPORATION | Arkansas | state | 2021 | $135,339 | | tax credit/rebate |
Nucor Corporation | Kentucky | state | 2021 | | $15,000,000 | loan or bond financing |
Nucor Corporation | Indiana | state | 2022 | $2,150,000 | | tax credit/rebate |
Nucor Corporation | Kentucky | state | 2022 | $500,000 | | tax credit/rebate |
Nucor Corporation | Kentucky | state | 2022 | $500,000 | | tax credit/rebate |
Nucor Corporation | Kentucky | state | 2022 | $500,000 | | tax credit/rebate |
Nucor Corporation | Kentucky | state | 2022 | $500,000 | | tax credit/rebate |
Nucor Corporation | North Carolina | state | 2022 | $3,706,000 | | grant |
Nucor Corporation | Arkansas | state | 2020 | $1,250,000 | | grant |
Nucor Corporation | Missouri | state | 2020 | $1,250,435 | | tax credit/rebate |
Nucor Corporation | Missouri | state | 2021 | $5,095,035 | | tax credit/rebate |
Nucor Corporation | Nebraska | state | 2023 | $12,751,281 | | tax rebate |
Nucor Corp | Indiana | state | 2012 | $200,000 | | tax credit/rebate |
Nucor Corp | Indiana | state | 2012 | $100,000 | | training reimbursement |
Nucor Castrip Arkansas, LLC | Arkansas | state | 2010 | $580,634 | | tax credit/rebate |
NUCOR CASTRIP ARKANSAS LLC | Arkansas | state | 2010 | $91,766 | | tax credit/rebate |
NUCOR CASTRIP ARKANSAS LLC | Arkansas | state | 2010 | $968,664 | | tax credit/rebate |
NUCOR CASTRIP ARKANSAS LLC | Arkansas | state | 2010 | $2,728,873 | | tax credit/rebate |
Nucor Building Systems South Carolina | South Carolina | state | 2019 | undisclosed | | tax credit/rebate |
Nucor | Louisiana | multiple | 2010 | $255,000,000 | | MEGADEAL |
Nucor | North Carolina | state | 1998 | $161,000,000 | | MEGADEAL |
Nucor | Tennessee | local | 2012 | $4,835,184 | | property tax abatement |
Nucor | Tennessee | local | 2012 | $4,602,668 | | property tax abatement |
Nucor | West Virginia | state | 2022 | $1,700,000,000 | | MEGADEAL |
NUCOR | New York | local | 2022 | $350,032 | | tax credit/rebate |
Metl-Span LLC | Indiana | state | 2012 | $40,000 | | tax credit/rebate |
Metl-Span LLC | Indiana | state | 2012 | $40,000 | | tax credit/rebate |
Metl-Span LLC | Virginia | state | 2012 | $31,030 | | training reimbursement |
Metl-Span LLC | Virginia | state | 2012 | $7,700 | | training reimbursement |
INDEPENDENCE TUBE CORP | Illinois | local | 2012 | undisclosed | | property tax abatement |
Gallatin Steel Fabricators, LLC | Kentucky | state | 2012 | $700,000 | | tax credit/rebate |
Gallatin Steel Company | Kentucky | state | 2007 | $100,000 | | training reimbursement |
Gallatin Steel Company | Kentucky | state | 2008 | $100,000 | | training reimbursement |
Gallatin Steel Company | Kentucky | state | 2009 | $25,000 | | training reimbursement |
Gallatin Steel Company | Kentucky | state | 1994 | $140,000,000 | | tax credit/rebate |
Gallatin Steel Company | Kentucky | state | 2014 | $25,000 | | training reimbursement |
Gallatin Steel | Kentucky | state | 2010 | $25,000 | | training reimbursement |
Gallatin Steel | Kentucky | state | 2011 | $24,999 | | training reimbursement |
Gallatin Steel | Kentucky | state | 1994 | $145,300,000 | | MEGADEAL |
Gallatin Steel | Kentucky | state | 2013 | $25,000 | | training reimbursement |
CALIFORNIA STEEL INDUSTRIES, INC. | California | state | 2005 | $36,920 | | training reimbursement |
AMBASSADOR STEEL CORP | Michigan | local | 2005 | undisclosed | | property tax abatement |