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Subsidy Tracker Parent Company Summary
Parent Company Name: Triumph Group
Ownership Structure: publicly traded (ticker symbol TGI)
Headquartered in: Pennsylvania
Major Industry: aerospace and military contracting
Specific Industry: aerospace & military contracting
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $212,919,201 | 145 |
Federal (grants and allocated tax credits) | $0 | 0 |
TOTAL | $212,919,201 | 145 |
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) | $22,500 | 1 |
TOTAL | $22,500 | 1 |
Time Period for State and Local Awards: Earliest year of data: 1995. 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 2014.
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 |
South Carolina | $160,000,000 | 1 |
Texas | $39,140,262 | 3 |
Michigan | $2,851,000 | 6 |
Washington | $2,843,591 | 67 |
Connecticut | $2,250,000 | 2 |
All other | $5,834,348 | 66 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
Company | Location | Subsidy Source  | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
Triumph Actuation Systems - Yakima, LLC | Washington | state | 2022 | $30,134 | | Tax Credit/Rebate |
Triumph Actuation Systems - Yakima, LLC | Washington | state | 2022 | $3,104 | | Tax Credit/Rebate |
Triumph Actuation Systems - Connecticut, LLC | Washington | state | 2022 | $2,536 | | Tax Credit/Rebate |
Triumph | Connecticut | state | 2023 | $750,000 | | Tax Credit/Rebate |
Triumph Actuation Systems - Yakima, LLC | Washington | state | 2023 | $35,933 | | Tax Credit/Rebate |
Triumph Actuation Systems - Yakima, LLC | Washington | state | 2023 | $1,228 | | Tax Credit/Rebate |
Merritt Tool Company | Texas | local | 2000 | undisclosed | | Tax Credit/Rebate |
TRIUMPH GEAR SYSTEMS | Michigan | local | 2008 | undisclosed | | Property Tax Abatement |
TRIUMPH GEAR SYSTEMS-MACOMB,INC. | Michigan | local | 2011 | undisclosed | | Property Tax Abatement |
Chem-Fab, Inc. | Ohio | local | 1995 | undisclosed | | Enterprise Zone |
TRIUMPH INSTRUMENTS BURBANK INC | California | local | 2012 | undisclosed | | Tax Credit/Rebate |
Triumph Aerostructures | Texas | local | 2014 | $1,200,000 | | Property Tax Abatement |
Triumph Aerostructures, LLC | Texas | local | 2013 | $2,940,262 | | Property Tax Abatement |
Triumph Aerostructures, LLC | Texas | local | 2012 | undisclosed | | Grant |
Triumph Group Operations, Inc., The | | federal | 2008 | | $22,500 | Federal Loan or Loan Guarantee |