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 SummarySubsidy ValueNumber of Awards
State/Local$34,545,438275
Federal (grants and allocated tax credits)$82,365,28665
TOTAL$116,910,724340
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$90,342,8012
TOTAL$90,342,8012
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 2011.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

ABB; ABB HALIFAX; BALDOR ELECTRIC; K TEK; KUHLMAN ELECTRIC; POWER ONE RENEWABLE ENERGY SOLUTIONS; RELIANCE ELECTRIC; THOMAS AND BETTS

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
North Carolina$12,632,11237
Tennessee$8,456,04512
Oklahoma$3,811,91857
Florida$2,362,7364
Virginia$1,419,87314
All other$5,862,754151

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 Valuesort icon 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 $4,200,020 federal grant
ABB INC. United States federal 2017 $2,999,920 federal grant
ABB Inc. North Carolina state 2010 $2,866,000 grant
ABB INC. United States federal 2013 $2,765,733 federal grant
ABB INC. United States federal 2017 $2,765,733 federal grant
ABB INC. United States federal 2019 $2,669,617 federal grant
ABB INC. United States federal 2018 $2,506,987 federal grant
ABB INC. United States federal 2019 $2,506,987 federal grant
ABB INC. United States federal 2018 $2,490,780 federal grant
ABB INC. United States federal 2019 $2,490,780 federal grant
ABB INC. United States federal 2019 $2,302,897 federal grant
ABB INC. United States federal 2016 $2,302,831 federal grant
ABB INC. United States federal 2017 $2,302,831 federal grant
ABB INC. United States federal 2016 $2,288,196 federal grant
ABB INC. United States federal 2017 $2,288,196 federal grant
BALDOR ELECTRIC COMPANY United States federal 2012 $2,051,004 federal grant
ABB INC. United States federal 2014 $1,995,255 federal grant
ABB INC. United States federal 2017 $1,995,214 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
ABB INC United States federal 2004 $1,625,000 federal grant
ABB POWER T & D COMPANY INC. United States federal 2001 $1,605,826 federal grant
ABB INC. United States federal 2011 $1,500,000 federal grant
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 2005 $1,300,000 federal grant
ABB COMBUSTION ENGINEERING INC United States federal 2000 $1,300,000 federal grant
ABB INC. United States federal 2017 $1,273,231 federal grant
ABB, Inc. North Carolina state 2015 $1,270,825 tax credit/rebate
ABB, INC. United States federal 2018 $1,245,098 federal grant
ABB INC. United States federal 2019 $1,176,979 federal grant
ABB INC. United States federal 2019 $1,155,845 federal grant
ABB INC. United States federal 2019 $1,139,577 federal grant
ABB Power T&D Company, Inc. Florida state 1998 $1,107,316 grant
BALDOR ELECTRIC COMPANY United States federal 2012 $994,382 federal grant
ABB POWER T & D COMPANY INC. United States federal 2001 $886,977 federal grant
ABB Power T&D Company, Inc. Florida state 1995 $885,000 grant
ABB POWER T & D COMPANY INC. United States federal 2000 $885,000 federal grant
ABB, Inc. Connecticut state 2017 $750,000 grant/loan hybrid program
RELIANCE ELECTRIC COMPANY United States federal 2006 $745,000 federal grant
Thomas & Betts Corporation Tennessee state 2018 $710,000 grant
Thomas & Betts Corporation Tennessee state 2018 $710,000 grant
RELIANCE ELECTRIC CO United States federal 2003 $700,000 federal grant
Thomas & Betts Corporation Tennessee state 2012 $670,445 training reimbursement
RELIANCE ELECTRIC CO United States federal 2002 $631,862 federal grant
Baldor Electric Company North Carolina state 2012 $624,546 tax credit/rebate
ABB COMBUSTION ENGINEERING INC United States federal 2000 $620,613 federal grant
ABB, Inc. Wisconsin state 2011 $550,000 tax credit/rebate
Power-One Renewable Energy Solutions, LLC Arizona state 2011 $517,024 training reimbursement
RELIANCE ELECTRIC COMPANY United States federal 2009 $505,782 federal grant
ABB POWER T & D COMPANY INC. United States federal 2000 $500,000 federal grant
RELIANCE ELECTRIC COMPANY United States federal 2010 $500,000 federal grant
ABB INC. United States federal 2016 $500,000 federal grant
Baldor Electric Company North Carolina state 2012 $495,008 tax credit/rebate
ABB INC United States federal 2005 $489,407 federal grant
THOMAS & BETTS CORPORATION Tennessee local 2007 $468,472 property tax abatement
THOMAS & BETTS CORPORATION Tennessee local 2008 $468,472 property tax abatement
ABB COMBUSTION ENGINEERING INC United States federal 2001 $435,000 federal grant
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. North Carolina state 2013 $409,692 tax credit/rebate
ABB Inc. Virginia state 2006 $400,000 grant
RELIANCE ELECTRIC COMPANY United States federal 2009 $394,900 federal grant
Baldor Electric Company North Carolina state 2016 $394,439 tax credit/rebate
ABB INC. United States federal 2013 $380,000 federal grant
ABB North Carolina state 2014 $378,000 grant
ABB INC. United States federal 2017 $356,304 federal grant
ABB INC. United States federal 2019 $356,265 federal grant
ABB INC. United States federal 2011 $346,400 federal grant
Baldor Electric Company North Carolina state 2012 $325,000 tax credit/rebate
ABB COMBUSTION ENGINEERING INC United States federal 2001 $310,000 federal grant
ABB INC. United States federal 2016 $300,000 federal grant
ABB INC. United States federal 2011 $283,600 federal grant
BALDOR ELECTRIC COMPANY Oklahoma state 2015 $282,152 tax credit/rebate
ABB COMBUSTION ENGINEERING INC United States federal 2001 $278,178 federal grant
ABB Water Meters, Inc. Florida state 1997 $275,420 grant
ABB INC. United States federal 2018 $260,457 federal grant
ABB INC United States federal 2005 $257,638 federal grant
ABB, Inc. Pennsylvania state $250,000 grant
ABB, Inc. North Carolina state 2016 $246,154 tax credit/rebate
ABB INC. United States federal 2018 $235,001 federal grant
RELIANCE ELECTRIC CO United States federal 2001 $227,882 federal grant
BALDOR ELECTRIC COMPANY Oklahoma state 2011 $226,687 tax credit/rebate
Reliance Electric North Carolina state 1998 $223,250 grant
RELIANCE ELECTRIC COMPANY United States federal 2007 $222,546 federal grant
BALDOR ELECTRIC COMPANY Oklahoma state 2014 $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
ABB, Inc. North Carolina state 2011 $211,553 tax credit/rebate
ABB Inc. Virginia state 2011 $200,000 grant
RELIANCE ELECTRIC COMPANY United States federal 2011 $200,000 federal grant
ABB Halifax Virginia state 2013 $200,000 grant
ABB Halifax Virginia state 2013 $200,000 grant
RELIANCE ELECTRIC COMPANY United States federal 2011 $197,612 federal grant
ABB COMBUSTION ENGINEERING INC United States federal 2000 $197,000 federal grant
BALDOR ELECTRIC CO Oklahoma state 2008 $173,358 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
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