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Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: Royal Philips
Ownership Structure: publicly traded
Headquartered in: Netherlands
Major Industry: diversified
Specific Industry: diversified
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $33,395,891 | 84 |
Federal (grants and allocated tax credits) | $6,115,747 | 3 |
TOTAL | $39,511,638 | 87 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $39,421,484 | 46 |
TOTAL | $39,421,484 | 46 |
Time Period for State and Local Awards: Earliest year of data: 2000. 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 2009.
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 |
Washington | $8,461,883 | 42 |
Ohio | $8,323,062 | 3 |
New York | $5,747,448 | 13 |
Pennsylvania | $4,609,919 | 14 |
Tennessee | $2,852,500 | 1 |
All other | $3,401,079 | 11 |
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 |
PHILIPS ULTRASOUND INC | Washington | state | 2006 | $236,543 | | tax credit/rebate |
PHILIPS ULTRASOUND INC | Washington | state | 2007 | $236,543 | | tax credit/rebate |
PHILIPS ULTRASOUND INC | Washington | state | 2008 | $236,543 | | tax credit/rebate |
PHILIPS ULTRASOUND INC | Washington | state | 2009 | $236,543 | | tax credit/rebate |
Respironics | Pennsylvania | state | | $240,000 | | training reimbursement |
Philips Ultrasound, Inc. | Pennsylvania | state | | $251,318 | | training reimbursement |
Respironics, Inc. | Pennsylvania | state | | $265,000 | | tax credit/rebate |
Respironics, Inc. | Pennsylvania | state | 2013 | $265,872 | | tax credit/rebate |
Philips Medical Systems MR, Inc. | New York | state | 2008 | $285,222 | | enterprise zone |
Philips Medical Systems MR, Inc. | New York | state | 2011 | $308,893 | | enterprise zone |
Respironics, Inc. | Pennsylvania | state | 2008 | $330,527 | | tax credit/rebate |
PHILIPS ULTRASOUND INC | Washington | state | 2007 | $342,833 | | tax credit/rebate |
PHILIPS ULTRASOUND INC | Washington | state | 2004 | $434,015 | | tax credit/rebate |
PHILIPS ULTRASOUND INC | Washington | state | 2010 | $454,646 | | tax credit/rebate |
Respironics, Inc. | Pennsylvania | state | 2014 | $472,488 | | tax credit/rebate |
PHILIPS ULTRASOUND INC | Washington | state | 2008 | $479,958 | | tax credit/rebate |
PHILIPS ULTRASOUND INC | Washington | state | 2009 | $483,212 | | tax credit/rebate |
PHILIPS ULTRASOUND INC | Washington | state | 2014 | $490,310 | | tax credit/rebate |
Respironics, Inc. | Pennsylvania | state | 2015 | $490,401 | | tax credit/rebate |
PHILIPS ULTRASOUND INC | Washington | state | 2013 | $564,849 | | tax credit/rebate |
PHILIPS ULTRASOUND INC | Washington | state | 2011 | $565,030 | | tax credit/rebate |
PHILIPS ULTRASOUND INC | Washington | state | 2012 | $624,759 | | tax credit/rebate |
Respironics | Pennsylvania | state | | $800,000 | | grant |
Philips Medical Systems | New York | local | 2006 | $840,000 | | tax credit/rebate; property tax abatement |
Philips Medical Systems MR, Inc. | New York | state | 2009 | $841,380 | | enterprise zone |
Philips Medical Systems MR, Inc. | New York | state | 2010 | $946,405 | | enterprise zone |
Respironics | Pennsylvania | state | | $990,000 | | tax credit/rebate |
PHILIPS MEDICAL SYSTEMS CLEVELAND INC | Ohio | state | 2011 | $999,175 | | grant/loan hybrid program |
Philips Medical Systems, MR, Inc. | New York | state | 2019 | $1,000,000 | | tax credit/rebate |
Philips Medical Systems 450 Old Nisk Rd | New York | local | 2007 | $1,037,844 | | tax credit/rebate; property tax abatement |
Philips Holding USA, Inc. | United States | federal | 2012 | $1,294,724 | | federal grant |
CardioSpectra, Inc. | Texas | state | 2006 | $1,350,000 | | grant |
Philips Electronics North America Corp | United States | federal | 2005 | $1,490,998 | | federal grant |
Philips Electronics North America | Massachusetts | state | 2015 | $1,800,000 | | tax credit/rebate |
Philips Medical Systems (Cleveland), Inc. | Ohio | state | 2012 | $2,323,887 | | tax credit/rebate |
Philips | Tennessee | local | 2017 | $2,852,500 | | tax credit/rebate |
Philips North America LLC | United States | federal | 2010 | $3,330,025 | | federal grant |
PHILIPS MEDICAL SYSTEMS CLEVELAND INC | Ohio | state | 2012 | $5,000,000 | | grant/loan hybrid program |