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Subsidy Tracker Parent Company Summary
Parent Company Name: ABB Ltd.
Ownership Structure: publicly traded (ticker symbol ABB)
Headquartered in: Switzerland
Major Industry: utilities and power generation
Specific Industry: power systems
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $45,911,994 | 326 |
Federal (grants and allocated tax credits) | $53,893,611 | 20 |
TOTAL | $99,805,605 | 346 |
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) | $89,215,801 | 1 |
TOTAL | $89,215,801 | 1 |
Time Period for State and Local Awards: Earliest year of data: 1992. 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: 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 |
North Carolina | $17,634,524 | 46 |
Tennessee | $8,456,045 | 12 |
Oklahoma | $5,271,062 | 89 |
Mississippi | $4,362,571 | 6 |
Florida | $2,362,736 | 4 |
All other | $7,825,056 | 169 |
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 |
ABB Inc. | United States | federal | 2010 | $12,301,200 | | federal allocated tax credit |
Abb Inc. | United States | federal | 2010 | $8,780,040 | | federal grant |
ABB Inc. II | North Carolina | state | 2019 | $4,369,500 | | grant |
Abb Inc. | United States | federal | 2020 | $4,333,028 | | federal grant |
ABB, Inc. | Mississippi | state | 2019 | $4,250,000 | | grant |
Abb Motors & Mechanical Inc. | United States | federal | 2013 | $3,042,557 | | federal grant |
Abb Inc. | United States | federal | 2011 | $2,999,920 | | federal grant |
ABB Inc. | North Carolina | state | 2010 | $2,866,000 | | grant |
Abb Inc. | United States | federal | 2013 | $2,669,617 | | federal grant |
Abb Inc. | United States | federal | 2018 | $2,506,987 | | federal grant |
Abb Inc. | United States | federal | 2018 | $2,490,780 | | federal grant |
Abb Inc. | United States | federal | 2019 | $2,302,897 | | federal grant |
Abb Inc. | United States | federal | 2016 | $2,274,152 | | federal grant |
Abb Inc. | United States | federal | 2016 | $2,141,014 | | federal grant |
Thomas & Betts Corporation | Tennessee | state | 2012 | $1,829,555 | | training reimbursement |
Thomas & Betts Corp. | Tennessee | local | 2017 | $1,769,268 | | property tax abatement |
Baldor Electric Company | North Carolina | state | 2015 | $1,384,518 | | tax credit/rebate |
Thomas & Betts Corp. | Tennessee | local | 2017 | $1,373,304 | | property tax abatement |
ABB, Inc. | North Carolina | state | 2015 | $1,368,593 | | tax credit/rebate |
Abb Inc. | United States | federal | 2011 | $1,273,231 | | federal grant |
ABB, Inc. | North Carolina | state | 2015 | $1,270,825 | | tax credit/rebate |
Abb Inc. | United States | federal | 2018 | $1,167,955 | | federal grant |
Abb Inc. | United States | federal | 2011 | $1,155,845 | | federal grant |
Abb Inc. | United States | federal | 2012 | $1,123,030 | | federal grant |
ABB Power T&D Company, Inc. | Florida | state | 1998 | $1,107,316 | | grant |
Reliance Electric Company | United States | federal | 2008 | $1,000,682 | | federal grant |
Abb Motors & Mechanical Inc. | United States | federal | 2008 | $893,781 | | federal grant |
ABB Power T&D Company, Inc. | Florida | state | 1995 | $885,000 | | grant |
Abb Inc | United States | federal | 2023 | $820,173 | | federal grant |
ABB, Inc. | Connecticut | state | 2017 | $750,000 | | grant/loan hybrid program |
Thomas & Betts Corporation | Tennessee | state | 2018 | $710,000 | | grant |
Thomas & Betts Corporation | Tennessee | state | 2018 | $710,000 | | grant |
Thomas & Betts Corporation | Tennessee | state | 2012 | $670,445 | | training reimbursement |
Baldor Electric Company | North Carolina | state | 2012 | $624,546 | | tax credit/rebate |
ABB, Inc. | Wisconsin | state | 2011 | $550,000 | | tax credit/rebate |
Power-One Renewable Energy Solutions, LLC | Arizona | state | 2011 | $517,024 | | training reimbursement |
Baldor Electric Company | North Carolina | state | 2012 | $495,008 | | tax credit/rebate |
THOMAS & BETTS CORPORATION | Tennessee | local | 2007 | $468,472 | | property tax abatement |
THOMAS & BETTS CORPORATION | Tennessee | local | 2008 | $468,472 | | property tax abatement |
ABB, Inc. | Michigan | state | 2023 | $450,000 | | tax credit/rebate |
Baldor Electric Company | North Carolina | state | 2013 | $424,773 | | tax credit/rebate |
ABB, Inc. | North Carolina | state | 2016 | $411,552 | | tax credit/rebate |
ABB, Inc. | North Carolina | state | 2013 | $409,692 | | tax credit/rebate |
ABB Inc. | Virginia | state | 2006 | $400,000 | | grant |
Baldor Electric Company | North Carolina | state | 2016 | $394,439 | | tax credit/rebate |
ABB | North Carolina | state | 2014 | $378,000 | | grant |
Abb Inc. | United States | federal | 2016 | $356,265 | | federal grant |
Baldor Electric Company | North Carolina | state | 2012 | $325,000 | | tax credit/rebate |
ABB MOTORS AND MECHANICAL INC. | Oklahoma | state | 2017 | $282,152 | | tax credit/rebate |
ABB Water Meters, Inc. | Florida | state | 1997 | $275,420 | | grant |
Abb Inc. | United States | federal | 2016 | $260,457 | | federal grant |
ABB, Inc. | Pennsylvania | state | | $250,000 | | grant |
ABB, Inc. | North Carolina | state | 2016 | $246,154 | | tax credit/rebate |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2014 | $226,687 | | tax credit/rebate |
Reliance Electric | North Carolina | state | 1998 | $223,250 | | grant |
ABB MOTORS AND MECHANICAL INC. | Oklahoma | state | 2016 | $222,290 | | tax credit/rebate |
Power-One Renewable Energy Solutions, LLC | Arizona | state | 2012 | $214,500 | | training reimbursement |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2007 | $213,943 | | tax credit/rebate |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2014 | $213,943 | | tax credit/rebate |
ABB, Inc. | North Carolina | state | 2011 | $211,553 | | tax credit/rebate |
Baldor Electric Company | North Carolina | state | 2018 | $210,681 | | tax credit/rebate |
Baldor Electric Company | North Carolina | state | 2017 | $209,375 | | tax credit/rebate |
ABB Inc. | Virginia | state | 2011 | $200,000 | | grant |
ABB Halifax | Virginia | state | 2013 | $200,000 | | grant |
ABB Halifax | Virginia | state | 2013 | $200,000 | | grant |
ABB Motors and Mechanical, Inc. | North Carolina | state | 2020 | $189,668 | | tax credit/rebate |
ABB Motors and Mechanical, Inc. | North Carolina | state | 2019 | $181,945 | | tax credit/rebate |
Thomas & Betts Corp. | New York | local | 2008 | $171,390 | | tax credit/rebate; property tax abatement |
THOMAS & BETTS CORPORATION | Tennessee | local | 2007 | $166,185 | | property tax abatement |
ABB, Inc. | North Carolina | state | 2012 | $150,000 | | tax credit/rebate |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2015 | $149,150 | | tax credit/rebate |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2014 | $146,792 | | tax credit/rebate |
ABB, Inc. | North Carolina | state | 2013 | $144,554 | | tax credit/rebate |
Thomas & Betts | New York | state | 2001 | $140,500 | | enterprise zone |
ABB | Virginia | state | 2020 | $140,000 | | grant |
Thomas & Betts Corp. | New York | local | 2011 | $137,554 | | tax credit/rebate; property tax abatement |
ABB, Inc. | North Carolina | state | 2012 | $137,354 | | tax credit/rebate |
ABB, Inc. | Pennsylvania | state | 2013 | $137,054 | | tax credit/rebate |
ABB, Inc. | Pennsylvania | state | | $136,000 | | training reimbursement |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2014 | $134,026 | | tax credit/rebate |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2014 | $130,329 | | tax credit/rebate |
ABB, Inc. | North Carolina | state | 2017 | $127,291 | | tax credit/rebate |
BALDOR ELECTRIC COMPANY | Oklahoma | state | 2014 | $124,454 | | tax credit/rebate |
Thomas & Betts Corp. | New York | local | 2006 | $123,336 | | tax credit/rebate; property tax abatement |
Thomas & Betts Corp. | New York | local | 2005 | $121,650 | | tax credit/rebate; property tax abatement |
ABB Motors and Mechanical, Inc. | North Carolina | state | 2021 | $120,852 | | tax credit/rebate |
Thomas & Betts Corp. | New York | local | 2012 | $120,068 | | tax credit/rebate; property tax abatement |
Thomas & Betts Corp. | New York | local | 2007 | $119,617 | | tax credit/rebate; property tax abatement |
THOMAS & BETTS CORPORATION | Tennessee | local | 2007 | $118,203 | | property tax abatement |
Thomas & Betts Corp. | New York | local | 2010 | $118,065 | | tax credit/rebate; property tax abatement |
Thomas & Betts Corp. | New York | local | 2009 | $117,369 | | tax credit/rebate; property tax abatement |
ABB MOTORS AND MECHANICAL INC. | Oklahoma | state | 2018 | $115,490 | | tax credit/rebate |
ABB, Inc. | Pennsylvania | state | 2014 | $113,488 | | tax credit/rebate |
ABB INC - QJ | Oklahoma | state | 2021 | $108,867 | | grant |
THOMAS & BETTS CORPORATION | Tennessee | local | 2008 | $104,714 | | property tax abatement |
ABB INC - QJ | Oklahoma | state | 2020 | $102,805 | | grant |
ABB, Inc. | North Carolina | state | 2009 | $102,750 | | tax credit/rebate |
Kuhlman Electric Corporation | Kentucky | state | 2008 | $100,000 | | training reimbursement |
ABB | Mississippi | state | 2016 | $100,000 | | training reimbursement |
Abb Inc - QJ | Oklahoma | state | 2023 | $97,545 | | grant |
Abb Inc - QJ | Oklahoma | state | 2023 | $96,146 | | grant |