Subsidy Tracker: Parent Headquarters State Summary Page

HQ State/Territory: 
North Carolina
Subsidy Total: 
$5,447,646,461
Number of Awards: 
3,471
Time Period: 

Earliest year of data: 1990. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this HQ State are for the period since 2011.

Notes: 

The dollar total above adjusts for the fact that there is an overlap between the amounts in one or more Megadeal entries and those of one or more of the other entries. The totals here are derived only from entries matched to parent companies. Dollar totals do not include awards for which no subsidy value is disclosed.


Top 10 Parent CompaniesTotal Subsidy $Number of Awards
Duke Energy$1,246,537,67161
Cree$855,527,702152
Nucor$804,565,969116
Bank of America$695,987,310155
Honeywell International$570,030,024673
Babcock & Wilcox$390,795,22054
Lowe's$315,653,278231
Pharmaceutical Product Development$158,371,70844
SPX Corp.$64,925,068120
Qorvo$47,642,15250


Individual Subsidy Records:

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Company Parent Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
Cree, Inc. Cree New York multiple 2019 $617,099,612 MEGADEAL
Bank of America N.A. Bank of America United States federal 2009 $417,097,130 federal grant
Nucor Nucor Louisiana multiple 2010 $255,000,000 MEGADEAL
Duke Energy Duke Energy Indiana local 2006 $204,000,000 MEGADEAL
DUKE ENERGY BUSINESS SERVICES LLC Duke Energy United States federal 2010 $200,000,000 federal grant
PROGRESS ENERGY SERVICE COMPANY, LLC Duke Energy United States federal 2010 $200,000,000 federal grant
Nucor Nucor North Carolina state 1998 $161,000,000 MEGADEAL
Gallatin Steel Nucor Kentucky state 1994 $145,300,000 MEGADEAL
Gallatin Steel Company Nucor Kentucky state 1994 $140,000,000 tax credit/rebate
BABCOCK & WILCOX MPOWER, INC. Babcock & Wilcox United States federal 2017 $112,822,420 federal grant
BABCOCK & WILCOX MPOWER, INC. Babcock & Wilcox United States federal 2018 $111,341,838 federal grant
Top of the World Wind Energy LLC Duke Energy United States federal 2011 $110,725,419 federal grant
Notrees Windpower, LP Duke Energy United States federal 2013 $103,561,627 federal grant
Honeywell International Inc. Honeywell International North Carolina multiple 2018 $87,500,000 megadeal
Trico Steel (now owned by Nucor) Nucor Alabama multiple 1995 $85,000,000 MEGADEAL
BABCOCK & WILCOX MPOWER, INC. Babcock & Wilcox United States federal 2013 $78,797,665 federal grant
Lowe's Companies, Inc. Lowe's North Carolina multiple 2019 $72,322,630 MEGADEAL
Lowe's Companies, Inc. Lowe's North Carolina state 2019 $54,090,750 grant
Duke Energy Carolinas, LLC Duke Energy United States federal 2014 $49,395,049 federal grant
Duke Energy Carolinas, LLC Duke Energy United States federal 2013 $43,553,711 federal grant
Laurel Hill Wind Energy, LLC Duke Energy United States federal 2013 $43,224,531 federal grant
DEGS Wind I, LLC Duke Energy Texas local 2012 $43,088,760 property tax abatement
Honeywell International Inc. Honeywell International North Carolina state 2018 $42,450,000 grant
Honeywell International, Inc. Honeywell International New Jersey state 2013 $40,000,000 tax credit/rebate
Cree Inc. Cree United States federal 2010 $39,087,000 federal allocated tax credit
PPD DEVELOPMENT Pharmaceutical Product Development United States federal 2005 $31,261,659 federal grant
Merrill Lynch & Co., Inc. Bank of America New Jersey state 2000 $31,096,800 grant
Cree Inc. Cree United States federal 2013 $30,000,000 federal allocated tax credit
Sweetwater Wind Power LLC Duke Energy Texas local 2007 $28,000,237 property tax abatement
HONEYWELL INTERNATIONAL INC. Honeywell International United States federal 2010 $27,275,924 federal grant
BA Leasing BSC, LLC Bank of America United States federal 2014 $27,188,013 federal grant
LaSalle Street Capital, Inc. Bank of America Illinois local 2003 $27,037,699 tax increment financing
UOP LLC Honeywell International United States federal 2010 $23,700,000 federal grant
RE Bagdad Solar 1 LLC Duke Energy United States federal 2012 $22,909,331 federal grant
Lowe's Companies, Inc. Lowe's North Carolina state 2015 $22,015,034 tax credit/rebate
DUKE ENERGY BUSINESS SERVICES LLC Duke Energy United States federal 2010 $21,806,232 federal grant
BABCOCK & WILCOX MPOWER, INC. Babcock & Wilcox United States federal 2013 $20,491,493 federal grant
Lowe's Home Centers Inc. Lowe's Connecticut state 2005 $20,000,000 tax credit/rebate
Bank of America (formerly Countrywide Financial) Bank of America Texas state 2004 $20,000,000 grant
Bank of America Corporation Bank of America New York local 2004 $19,674,823 tax credit/rebate; property tax abatement
Bank of America, N.A Bank of America New York local 2004 $19,674,823 tax credit/rebate; property tax abatement
PPD PHARMACO, INC Pharmaceutical Product Development United States federal 2003 $18,600,178 federal grant
NUCOR STEEL AUBURN, INC. Nucor New York state 2001 $18,066,880 enterprise zone
Nucor Steel Louisiana LLC Nucor Louisiana state 2012 $17,803,782 tax credit/rebate
TX Solar I LLC Duke Energy United States federal 2011 $17,612,603 federal grant
Lowe's Home Centers, Inc. Lowe's New York local 2009 $15,154,500 tax credit/rebate; property tax abatement
PPD DEVELOPMENT Pharmaceutical Product Development United States federal 2005 $14,424,470 federal grant
Bank of America Corp. and Subs Bank of America North Carolina state 2015 $13,680,084 tax credit/rebate
Shirley Wind, LLC Duke Energy United States federal 2011 $13,159,902 federal grant
VF Sportswear, Inc. and Subsidiaries VF New Jersey state 2013 $13,125,000 tax credit/rebate
Sweetwater Wind Power LLC Duke Energy Texas local 2004 $12,870,109 property tax abatement
NUCOR-YAMATO STEEL COMPANY Nucor Arkansas state $12,779,853 tax credit/rebate
Waukesha Electric Systems, Inc. SPX Corp. United States federal 2010 $12,450,000 federal allocated tax credit
Merrill Lynch & Co., Inc. Bank of America New York local 1997 $12,306,686 tax credit/rebate; property tax abatement
Lowe's Companies, Inc. Lowe's North Carolina state 2008 $11,984,511 tax credit/rebate
PPD DEVELOPMENT Pharmaceutical Product Development United States federal 2004 $11,927,198 federal grant
Duke Energy Carolinas, LLC Duke Energy United States federal 2012 $11,511,861 federal grant
HONEYWELL DMC SERVICES LLC Honeywell International United States federal 2010 $11,384,363 federal grant
UOP, LLC Honeywell International Louisiana state 2014 $11,241,982 Tax Credit/Rebate
VF Corporation VF Colorado state 2019 $10,900,000 tax credit/rebate
WAUKESHA ELECTRIC SYSTEMS, INC. SPX Corp. United States federal 2010 $10,774,411 federal grant
Lowe's Companies, Inc. Lowe's North Carolina state 2012 $10,612,916 tax credit/rebate
PPD PHARMACO, INC Pharmaceutical Product Development United States federal 2000 $10,500,387 federal grant
Duke Energy Corporate Services, Inc. Duke Energy North Carolina state 2011 $10,294,344 tax credit/rebate
Nucor Corporation Nucor Kentucky state 2019 $10,000,000 tax credit/rebate
Washington White Post Solar, LLC Duke Energy United States federal 2013 $9,933,259 federal grant
PPD DEVELOPMENT Pharmaceutical Product Development United States federal 2003 $9,877,517 federal grant
Sweetwater Wind Power LLC Duke Energy Texas local 2005 $9,454,508 property tax abatement
PPD DEVELOPMENT Pharmaceutical Product Development United States federal 2004 $9,283,180 federal grant
Honeywell International Honeywell International Louisiana local 2014 $9,202,882 property tax abatement
Black Mountain Solar, LLC Duke Energy United States federal 2013 $9,181,029 federal grant
CREE INC Cree United States federal 2006 $9,049,870 federal grant
Solar Star North Carolina II, LLC Duke Energy United States federal 2012 $8,882,615 federal grant
Lowe's Companies, Inc. Lowe's North Carolina state 2016 $8,872,343 tax credit/rebate
Bank of America Corp. and Subs Bank of America North Carolina state 2013 $8,496,188 tax credit/rebate
CHIMERIX INC Chimerix United States federal 2005 $8,477,202 federal grant
Laboratory Corporation of America Holdings Laboratory Corp. of America North Carolina state 2018 $8,172,750 grant
PPD DEVELOPMENT Pharmaceutical Product Development United States federal 2004 $7,834,061 federal grant
NUCOR STEEL AUBURN, INC. Nucor New York state 2002 $7,791,880 enterprise zone
Lowe's Companies, Inc. Lowe's North Carolina state 2013 $7,767,253 tax credit/rebate
Duke Energy Carolinas, LLC Duke Energy United States federal 2012 $7,685,615 federal grant
BABCOCK & WILCOX MPOWER, INC. Babcock & Wilcox United States federal 2014 $7,529,602 federal grant
Republic Conduit Manufacturing Nucor Kentucky state 2006 $7,500,000 tax credit/rebate
CHIMERIX INC Chimerix United States federal 2004 $7,492,027 federal grant
PPD PHARMACO, INC Pharmaceutical Product Development United States federal 2001 $7,282,775 federal grant
WAUKESHA ELECTRIC SYSTEMS, INC SPX Corp. United States federal 2018 $7,272,278 federal grant
NUCOR CORPORATION Nucor Arkansas state $6,926,760 tax credit/rebate
Bank of America Corporation Bank of America New York local 2008 $6,860,090 tax credit/rebate; property tax abatement
Cree, Inc. Cree North Carolina state 2004 $6,810,570 grant
Sonic Automotive, Inc. Sonic Automotive North Carolina state 2018 $6,797,700 grant
RE Ajo 1 LLC Duke Energy United States federal 2012 $6,605,741 federal grant
RP-Orlando, LLC Duke Energy United States federal 2012 $6,572,863 federal grant
RF Micro Devices, Inc. Qorvo North Carolina state 2006 $6,560,000 grant
LendingTree, LLC LendingTree North Carolina state 2016 $6,514,000 grant
Lowe's Companies, Inc. Lowe's North Carolina state 2010 $6,501,506 tax credit/rebate
Duke Energy New Plant Duke Energy North Carolina local 2008 $6,482,140 grant
BB&T EFC Energy, LLC Truist Financial United States federal 2012 $6,472,157 federal grant
Merrill Lynch, Pierce, Fenner & Smith Incorporated Bank of America New Jersey state 1997 $6,400,000 grant
CREE INC Cree United States federal 2011 $6,379,300 federal grant
TRIQUINT SEMICONDUCTOR TEXAS L Qorvo United States federal 2010 $6,379,300 federal grant
Banc of America Leasing & Capital, LLC Bank of America United States federal 2012 $6,262,588 federal grant
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Kasia Tarczynska)