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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 |
Trico Steel (now owned by Nucor) | Alabama | multiple | 1995 | $85,000,000 | | MEGADEAL (Archived) |
NUCOR CASTRIP ARKANSAS LLC | Arkansas | state | 2010 | $91,766 | | tax credit/rebate |
Nucor Castrip Arkansas, LLC | Arkansas | state | 2010 | $580,634 | | tax credit/rebate |
NUCOR-YAMATO STEEL COMPANY | Arkansas | state | 2010 | $165,536 | | tax credit/rebate |
NUCOR CASTRIP ARKANSAS LLC | Arkansas | state | 2010 | $968,664 | | tax credit/rebate |
NUCOR STEEL | Arkansas | state | 2010 | $2,301,555 | | tax credit/rebate |
NUCOR STEEL | Arkansas | state | 2010 | $2,501,937 | | tax credit/rebate |
NUCOR CASTRIP ARKANSAS LLC | Arkansas | state | 2010 | $2,728,873 | | tax credit/rebate |
NUCOR-YAMATO STEEL COMPANY | Arkansas | state | 2010 | $3,854,572 | | tax credit/rebate |
NUCOR-YAMATO STEEL COMPANY | Arkansas | state | 2010 | $4,636,682 | | tax credit/rebate |
Nucor Yamato Steel | Arkansas | state | 2009 | $19,398 | | training reimbursement |
Nucor Yamato Steel | Arkansas | state | 2010 | $46,682 | | training reimbursement |
Nucor Yamato Steel | Arkansas | state | 2011 | $51,305 | | training reimbursement |
NUCOR-YAMATO STEEL COMPANY | Arkansas | state | 2014 | $54,541 | | training reimbursement |
NUCOR-YAMATO STEEL COMPANY | Arkansas | state | 2013 | $64,317 | | training reimbursement |
NUCOR SATURN HOLDING INC | Arkansas | state | 2013 | $1,280 | | training reimbursement |
NUCOR-YAMATO STEEL COMPANY | Arkansas | state | 2014 | $25,701 | | training reimbursement |
NUCOR-YAMATO STEEL COMPANY | Arkansas | state | 2015 | $1,100 | | training reimbursement |
NUCOR CORPORATION | Arkansas | state | | $340,724 | | tax credit/rebate |
NUCOR-YAMATO STEEL COMPANY | Arkansas | state | | $12,779,853 | | tax credit/rebate |
NUCOR CORPORATION | Arkansas | state | | $6,926,760 | | tax credit/rebate |
NUCOR CORPORATION | Arkansas | state | 2021 | $135,339 | | tax credit/rebate |
Nucor Corporation | Arkansas | state | 2020 | $1,250,000 | | grant |
CALIFORNIA STEEL INDUSTRIES, INC. | California | state | 2005 | $36,920 | | training reimbursement |
Nucor Steel Florida Inc. | Florida | state | 2019 | $3,290,000 | | tax credit/rebate |
Nucor Steel Florida Inc. | Florida | state | 2019 | $1,128,000 | | tax credit/rebate |
Nucor Steel Florida Inc. | Florida | state | 2018 | undisclosed | | tax credit/rebate |
INDEPENDENCE TUBE CORP | Illinois | local | 2012 | undisclosed | | property tax abatement |
Metl-Span LLC | Indiana | state | 2012 | $40,000 | | tax credit/rebate |
Metl-Span LLC | Indiana | state | 2012 | $40,000 | | tax credit/rebate |
Nucor Corp | Indiana | state | 2012 | $200,000 | | tax credit/rebate |
Nucor Corporation | Indiana | state | 2010 | $105,400 | | training reimbursement |
Nucor Corp | Indiana | state | 2012 | $100,000 | | training reimbursement |
Nucor Corporation | Indiana | state | 2022 | $2,150,000 | | 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 | Kentucky | state | 2010 | $25,000 | | training reimbursement |
Republic Conduit Manufacturing | Kentucky | state | 2006 | $7,500,000 | | tax credit/rebate |
Gallatin Steel Company | Kentucky | state | 1994 | $140,000,000 | | tax credit/rebate |
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 |
Gallatin Steel Fabricators, LLC | Kentucky | state | 2012 | $700,000 | | tax credit/rebate |
Gallatin Steel Company | Kentucky | state | 2014 | $25,000 | | training reimbursement |
Nucor Steel Gallatin LLC | Kentucky | state | 2017 | $1,000,000 | | tax credit/rebate |
Nucor Steel Gallatin LLC | Kentucky | state | 2019 | $5,000,000 | | tax credit/rebate |
Nucor Corporation | Kentucky | state | 2019 | $10,000,000 | | tax credit/rebate |
Nucor Steel Gallatin LLC | Kentucky | state | 2019 | $1,000,000 | | tax credit/rebate |
Nucor Corporation | Kentucky | state | 2021 | | $15,000,000 | loan or bond financing |
Nucor Tubular Products Inc. | Kentucky | state | 2021 | $800,000 | | tax credit/rebate |
Nucor Tubular Products Inc. | Kentucky | state | 2021 | $2,250,000 | | 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 | Louisiana | multiple | 2010 | $255,000,000 | | MEGADEAL |
Nucor Steel Louisiana LLC | Louisiana | state | 2012 | $17,803,782 | | tax credit/rebate |
AMBASSADOR STEEL CORP | Michigan | local | 2005 | undisclosed | | property tax abatement |
Skyline Steel Pipe LLC | Mississippi | state | 2009 | $5,297 | | training reimbursement |
Skyline Steel | Mississippi | state | 2010 | $6,250 | | training reimbursement |
Skyline Steel | Mississippi | state | 2016 | $150,000 | | grant |
Nucor-LMP | Missouri | local | 2007 | $18,689 | | tax increment financing |
Nucor-LMP | Missouri | local | 2009 | $19,412 | | tax increment financing |
Nucor-LMP | Missouri | local | 2013 | $19,067 | | tax increment financing |
NUCOR CORPORATION | Missouri | state | 2019 | $660,000 | | tax credit/rebate |
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 | 2007 | undisclosed | | tax credit/rebate |
Nucor Corporation | Nebraska | state | 2014 | undisclosed | | tax credit/rebate |
Nucor Corporation | Nebraska | state | 2023 | $12,751,281 | | tax rebate |
Nucor Steel Auburn Inc. | New York | state | 2006 | $6,130,000 | | enterprise zone |
NUCOR STEEL AUBURN Inc. | New York | state | 2007 | $5,800,000 | | enterprise zone |
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 | 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 AUBURN, INC. | New York | state | 2004 | $4,773,880 | | enterprise zone |
NUCOR STEEL AUBURN, INC. | New York | state | 2005 | $5,309,000 | | enterprise zone |
NUCOR STEEL AUBURN, INC. | New York | state | 2008 | $2,100,000 | | enterprise zone |
NUCOR STEEL AUBURN, INC. | New York | state | 2009 | $179,026 | | enterprise zone |
NUCOR STEEL AUBURN, INC. | New York | state | 2010 | $111,697 | | enterprise zone |
NUCOR STEEL AUBURN, INC. | New York | state | 2001 | $18,066,880 | | enterprise zone |
NUCOR STEEL AUBURN, INC. | New York | state | 2002 | $7,791,880 | | enterprise zone |
NUCOR STEEL AUBURN, INC. | New York | state | 2003 | $1,866,120 | | enterprise zone |
NUCOR STEEL AUBURN, INC. | New York | state | 2011 | $451,425 | | enterprise zone |
NUCOR STEEL AUBURN, INC. | New York | state | 2012 | $895,373 | | enterprise zone |
NUCOR STEEL AUBURN, INC. | New York | state | 2013 | $735,656 | | enterprise zone |
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 | New York | local | 2022 | $350,032 | | tax credit/rebate |
Nucor | North Carolina | state | 1998 | $161,000,000 | | MEGADEAL |
Nucor Corporation | North Carolina | state | 2022 | $3,706,000 | | grant |
NUCOR STEEL MARION INC | Ohio | state | 2008 | $25,000 | | grant |
NUCOR STEEL MARION INC | Ohio | state | 2014 | $28,689 | | grant |