Subsidy Tracker: Parent Headquarters State Summary Page

HQ State/Territory: 
North Carolina
Subsidy Total: 
$4,075,889,264
Number of Awards: 
2,492
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$1,243,735,74856
Nucor$760,026,193103
Bank of America$689,113,419134
Babcock & Wilcox$381,294,02350
Lowe's$236,217,561206
Cree$230,354,181143
Pharmaceutical Product Development$157,349,36640
SPX Corp.$64,662,204106
Qorvo$44,621,07839
Tanger Factory Outlet Centers$26,294,28911


Individual Subsidy Records:

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Company Parent Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
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
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
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
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
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
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
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
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
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
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
Red Hat, Inc. II Red Hat North Carolina state 2011 $8,270,250 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
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
Red Hat, Inc. I Red Hat North Carolina state 2011 $6,755,250 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 BB&T 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
BABCOCK & WILCOX MPOWER, INC. Babcock & Wilcox United States federal 2014 $6,176,119 federal grant
Nucor Steel Auburn Inc. Nucor New York state 2006 $6,130,000 enterprise zone
Duke Energy Carolinas LLC Duke Energy North Carolina local 2008 $5,989,753 property tax abatement
SPX SPX Corp. North Carolina local 2011 $5,827,691 grant
NUCOR STEEL AUBURN Inc. Nucor New York state 2007 $5,800,000 enterprise zone
Lowe's Companies, Inc. Lowe's North Carolina state 2011 $5,756,571 tax credit/rebate
RF Micro Devices, Inc. Qorvo North Carolina state 2007 $5,661,000 grant
SPX Corporation SPX Corp. North Carolina state 2010 $5,539,000 grant
Bank of America Corporation Bank of America New York local 2007 $5,537,451 tax credit/rebate; property tax abatement
Fortron Industries, LLC Fortron Industries North Carolina state 2008 $5,501,512 tax credit/rebate
Lowe's Home Centers, LLC Lowe's Indiana state 2014 $5,500,000 tax credit/rebate
Premier, Inc. Premier Inc. North Carolina state 2009 $5,452,000 grant
NUCOR STEEL AUBURN, INC. Nucor New York state 2005 $5,309,000 enterprise zone
Ocotillo Windpower LP Duke Energy Texas local 2008 $5,227,984 property tax abatement
CREE, INC. Cree United States federal 2010 $5,200,003 federal grant
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