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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 MEMPHIS INC | Tennessee | local | 2010 | $283,215 | | property tax abatement |
nucor Steel Memphis, Inc. | Tennessee | local | 2017 | $335,262 | | property tax abatement |
NUCOR CORPORATION | Arkansas | state | | $340,724 | | tax credit/rebate |
NUCOR STEEL MEMPHIS INC | Tennessee | local | 2013 | $349,271 | | property tax abatement |
NUCOR | New York | local | 2022 | $350,032 | | tax credit/rebate |
NUCOR STEEL MEMPHIS INC | Tennessee | local | 2012 | $393,071 | | property tax abatement |
NUCOR STEEL AUBURN, INC. | New York | state | 2011 | $451,425 | | enterprise zone |
NUCOR STEEL MEMPHIS INC | Tennessee | local | 2011 | $466,118 | | property tax abatement |
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 STEEL | Tennessee | local | 2013 | $578,470 | | property tax abatement |
Nucor Castrip Arkansas, LLC | Arkansas | state | 2010 | $580,634 | | tax credit/rebate |
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 CORPORATION | Missouri | state | 2019 | $660,000 | | tax credit/rebate |
SKYLINE STEEL, LLC | Washington | state | 2017 | $675,350 | | tax credit/rebate |
SKYLINE STEEL, LLC | Washington | state | 2018 | $675,350 | | tax credit/rebate |
Gallatin Steel Fabricators, LLC | Kentucky | state | 2012 | $700,000 | | tax credit/rebate |
NUCOR STEEL AUBURN, INC. | New York | state | 2013 | $735,656 | | enterprise zone |
Nucor Tubular Products Inc. | Kentucky | state | 2021 | $800,000 | | tax credit/rebate |
NUCOR STEEL MEMPHIS, INC | Tennessee | local | 2014 | $894,608 | | property tax abatement |
NUCOR STEEL AUBURN, INC. | New York | state | 2012 | $895,373 | | enterprise zone |
Nucor Steel | New York | local | 2013 | $895,949 | | tax credit/rebate; property tax abatement |
NUCOR CASTRIP ARKANSAS LLC | Arkansas | state | 2010 | $968,664 | | tax credit/rebate |
Nucor Steel Gallatin LLC | Kentucky | state | 2017 | $1,000,000 | | tax credit/rebate |
Nucor Steel Gallatin LLC | Kentucky | state | 2019 | $1,000,000 | | tax credit/rebate |
Nucor Steel | New York | local | 2014 | $1,004,304 | | tax credit/rebate |
Nucor Steel | New York | local | 2016 | $1,020,550 | | tax credit/rebate |
Nucor Steel | New York | Local | 2018 | $1,028,102 | | tax credit/rebate |
Nucor Steel | New York | local | 2017 | $1,035,637 | | tax credit/rebate |
Nucor Steel | New York | local | 2019 | $1,046,132 | | tax credit/rebate |
Nucor Steel | New York | local | 2015 | $1,047,559 | | tax credit/rebate |
Nucor Steel | New York | local | 2020 | $1,055,250 | | tax credit/rebate |
Nucor Steel Florida Inc. | Florida | state | 2019 | $1,128,000 | | tax credit/rebate |
Nucor Corporation | Arkansas | state | 2020 | $1,250,000 | | grant |
Nucor Corporation | Missouri | state | 2020 | $1,250,435 | | tax credit/rebate |
NUCOR STEEL MEMPHIS INC | Tennessee | local | 2013 | $1,309,960 | | property tax abatement |
NUCOR STEEL MEMPHIS INC | Tennessee | local | 2012 | $1,581,372 | | property tax abatement |
NUCOR STEEL AUBURN, INC. | New York | state | 2003 | $1,866,120 | | enterprise zone |
NUCOR STEEL MEMPHIS INC | Tennessee | local | 2011 | $1,992,051 | | property tax abatement |
NUCOR STEEL AUBURN, INC. | New York | state | 2008 | $2,100,000 | | enterprise zone |
Nucor Corporation | Indiana | state | 2022 | $2,150,000 | | tax credit/rebate |
Nucor Tubular Products Inc. | Kentucky | state | 2021 | $2,250,000 | | tax credit/rebate |
NUCOR STEEL | Arkansas | state | 2010 | $2,301,555 | | tax credit/rebate |
NUCOR STEEL MEMPHIS INC | Tennessee | local | 2010 | $2,372,399 | | property tax abatement |
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 STEEL | Tennessee | local | 2009 | $2,786,374 | | property tax abatement |
Nucor Steel Florida Inc. | Florida | state | 2019 | $3,290,000 | | tax credit/rebate |
Nucor Corporation | North Carolina | state | 2022 | $3,706,000 | | grant |
NUCOR-YAMATO STEEL COMPANY | Arkansas | state | 2010 | $3,854,572 | | tax credit/rebate |
Nucor | Tennessee | local | 2012 | $4,602,668 | | property tax abatement |
NUCOR-YAMATO STEEL COMPANY | Arkansas | state | 2010 | $4,636,682 | | tax credit/rebate |
NUCOR STEEL AUBURN, INC. | New York | state | 2004 | $4,773,880 | | enterprise zone |
Nucor | Tennessee | local | 2012 | $4,835,184 | | property tax abatement |
Nucor Steel Gallatin LLC | Kentucky | state | 2019 | $5,000,000 | | tax credit/rebate |
Nucor Corporation | Missouri | state | 2021 | $5,095,035 | | tax credit/rebate |
NUCOR STEEL AUBURN, INC. | New York | state | 2005 | $5,309,000 | | enterprise zone |
NUCOR STEEL AUBURN Inc. | New York | state | 2007 | $5,800,000 | | enterprise zone |
Nucor Steel Auburn Inc. | New York | state | 2006 | $6,130,000 | | enterprise zone |
NUCOR CORPORATION | Arkansas | state | | $6,926,760 | | tax credit/rebate |
Republic Conduit Manufacturing | Kentucky | state | 2006 | $7,500,000 | | tax credit/rebate |
NUCOR STEEL AUBURN, INC. | New York | state | 2002 | $7,791,880 | | enterprise zone |
Nucor Corporation | Kentucky | state | 2019 | $10,000,000 | | tax credit/rebate |
Nucor Corporation | Nebraska | state | 2023 | $12,751,281 | | tax rebate |
NUCOR-YAMATO STEEL COMPANY | Arkansas | state | | $12,779,853 | | tax credit/rebate |
Nucor Steel Louisiana LLC | Louisiana | state | 2012 | $17,803,782 | | tax credit/rebate |
NUCOR STEEL AUBURN, INC. | New York | state | 2001 | $18,066,880 | | enterprise zone |
Trico Steel (now owned by Nucor) | Alabama | multiple | 1995 | $85,000,000 | | MEGADEAL (Archived) |
Gallatin Steel Company | Kentucky | state | 1994 | $140,000,000 | | tax credit/rebate |
Gallatin Steel | Kentucky | state | 1994 | $145,300,000 | | MEGADEAL |
Nucor | North Carolina | state | 1998 | $161,000,000 | | MEGADEAL |
Nucor | Louisiana | multiple | 2010 | $255,000,000 | | MEGADEAL |
Nucor | West Virginia | state | 2022 | $1,700,000,000 | | MEGADEAL |