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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 |
Metl-Span LLC | Virginia | state | 2012 | $7,700 | | training reimbursement |
Nucor | Tennessee | local | 2012 | $4,835,184 | | property tax abatement |
Nucor | Tennessee | local | 2012 | $4,602,668 | | property tax abatement |
NUCOR STEEL AUBURN, INC. | New York | state | 2012 | $895,373 | | enterprise zone |
Nucor Corporation | Texas | state | 2011 | $65,773 | | training reimbursement |
Nucor Steel | Utah | state | 2011 | $19,615 | | training reimbursement |
Nucor Yamato Steel | Arkansas | state | 2011 | $51,305 | | training reimbursement |
Gallatin Steel | Kentucky | state | 2011 | $24,999 | | training reimbursement |
SKYLINE STEEL LLC | Washington | state | 2011 | $84,419 | | tax credit/rebate |
NUCOR STEEL MEMPHIS INC | Tennessee | local | 2011 | $200,030 | | property tax abatement |
NUCOR STEEL MEMPHIS INC | Tennessee | local | 2011 | $466,118 | | property tax abatement |
NUCOR STEEL MEMPHIS INC | Tennessee | local | 2011 | $1,992,051 | | property tax abatement |
Nucor Sheet Mill Group | United States | federal | 2011 | | $2,700,000 | federal loan or loan guarantee |
NUCOR STEEL AUBURN, INC. | New York | state | 2011 | $451,425 | | enterprise zone |
Gallatin Steel | Kentucky | state | 2010 | $25,000 | | training reimbursement |
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 |
Skyline Steel | Mississippi | state | 2010 | $6,250 | | training reimbursement |
Nucor Steel | Utah | state | 2010 | $18,855 | | training reimbursement |
Nucor Yamato Steel | Arkansas | state | 2010 | $46,682 | | training reimbursement |
Nucor | Louisiana | multiple | 2010 | $255,000,000 | | MEGADEAL |
SKYLINE STEEL LLC | Washington | state | 2010 | $84,419 | | tax credit/rebate |
Nucor Corporation | Indiana | state | 2010 | $105,400 | | training reimbursement |
NUCOR STEEL MEMPHIS INC | Tennessee | local | 2010 | $199,152 | | property tax abatement |
NUCOR STEEL MEMPHIS INC | Tennessee | local | 2010 | $2,372,399 | | property tax abatement |
NUCOR STEEL MEMPHIS INC | Tennessee | local | 2010 | $283,215 | | property tax abatement |
Nucor Steel Seattle, Inc. | United States | federal | 2010 | $7,982 | | federal grant |
Nucor Steel Seattle, Inc. | United States | federal | 2010 | $7,478 | | federal grant |
Nucor Corporation | United States | federal | 2010 | | $2,250,000 | federal loan or loan guarantee |
Nucor Steel Louisiana, LLC | United States | federal | 2010 | | $600,000,000 | federal tax-exempt bond |
NUCOR STEEL AUBURN, INC. | New York | state | 2010 | $111,697 | | enterprise zone |
Gallatin Steel Company | Kentucky | state | 2009 | $25,000 | | training reimbursement |
Skyline Steel Pipe LLC | Mississippi | state | 2009 | $5,297 | | training reimbursement |
Nucor Steel | Utah | state | 2009 | $27,517 | | training reimbursement |
Nucor-LMP | Missouri | local | 2009 | $19,412 | | tax increment financing |
Nucor Yamato Steel | Arkansas | state | 2009 | $19,398 | | training reimbursement |
NUCOR STEEL MEMPHIS INC | Tennessee | local | 2009 | $199,152 | | property tax abatement |
NUCOR STEEL | Tennessee | local | 2009 | $2,786,374 | | property tax abatement |
Nucor Steel Seattle, Inc. | United States | federal | 2009 | | $18,000,000 | federal loan or loan guarantee |
NUCOR STEEL AUBURN, INC. | New York | state | 2009 | $179,026 | | enterprise zone |
Gallatin Steel Company | Kentucky | state | 2008 | $100,000 | | training reimbursement |
NUCOR STEEL MARION INC | Ohio | state | 2008 | $25,000 | | grant |
NUCOR STEEL MEMPHIS INC | Tennessee | local | 2008 | $114,946 | | property tax abatement |
NUCOR STEEL AUBURN, INC. | New York | state | 2008 | $2,100,000 | | enterprise zone |
Gallatin Steel Company | Kentucky | state | 2007 | $100,000 | | training reimbursement |
Nucor Corporation | Nebraska | state | 2007 | undisclosed | | tax credit/rebate |
NUCOR STEEL AUBURN Inc. | New York | state | 2007 | $5,800,000 | | enterprise zone |
Nucor Steel | New York | local | 2007 | $596,029 | | tax credit/rebate; property tax abatement |
Nucor Corporation | Texas | state | 2007 | undisclosed | | property tax abatement |
Nucor-LMP | Missouri | local | 2007 | $18,689 | | tax increment financing |
Republic Conduit Manufacturing | Kentucky | state | 2006 | $7,500,000 | | tax credit/rebate |
Nucor Steel Auburn Inc. | New York | state | 2006 | $6,130,000 | | enterprise zone |
Nucor Corporation | Texas | state | 2006 | undisclosed | | property tax abatement |
CALIFORNIA STEEL INDUSTRIES, INC. | California | state | 2005 | $36,920 | | training reimbursement |
AMBASSADOR STEEL CORP | Michigan | local | 2005 | undisclosed | | property tax abatement |
NUCOR STEEL AUBURN, INC. | New York | state | 2005 | $5,309,000 | | enterprise zone |
Nucor Steel | New York | local | 2004 | $218,024 | | tax credit/rebate; property tax abatement |
NUCOR STEEL AUBURN, INC. | New York | state | 2004 | $4,773,880 | | enterprise zone |
Nucor Steel | New York | local | 2003 | $210,048 | | tax credit/rebate; property tax abatement |
NUCOR STEEL AUBURN, INC. | New York | state | 2003 | $1,866,120 | | enterprise zone |
NUCOR STEEL AUBURN, INC. | New York | state | 2002 | $7,791,880 | | enterprise zone |
NUCOR STEEL AUBURN, INC. | New York | state | 2001 | $18,066,880 | | enterprise zone |
Nucor | North Carolina | state | 1998 | $161,000,000 | | MEGADEAL |
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 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 |