Subsidy Tracker Parent Company Summary

Parent Company Name: 
Amsted Industries
Ownership Structure: 
employee-owned
Headquartered in: 
Illinois
Major Industry: 
industrial equipment
Specific Industry: 
industrial equipment
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$1,744,10621
Federal (grants and allocated tax credits)$00
TOTAL$1,744,10621
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)$5,683,3002
TOTAL$5,683,3002
Time Period for State and Local Awards: 

Earliest year of data: 1996. 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 2009.

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: 

AMSTED RAIL; BALTIMORE AIRCOIL; BURGESS NORTON MFG; GRIFFIN WHEEL; MEANS IND; TRANSFORM AUTOMOTIVE

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
Michigan$631,5003
Delaware$314,6026
California$190,0001
Illinois$143,6892
Alabama$132,0005
All other$332,3154

Individual Subsidy Records:

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Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
Transform Automotive LLC Michigan state 2014 $550,000 grant/loan hybrid program
Baltimore Aircoil Company, Inc. California state 2015 $190,000 tax credit/rebate
Baltimore Aircoil Company, Inc. Delaware state 2009 $166,000 grant/loan hybrid program
Amsted Rail Company, Inc. Indiana state 2014 $130,000 tax credit/rebate
Amsted Rail Company, Inc. Virginia state 2012 $83,232 training reimbursement
Baltimore Aircoil Delaware state 2007 $79,544 training reimbursement
Baltimore Aircoil Co., Inc. Illinois state 2004 $79,000 grant
TransForm Automotive Michigan state 2009 $75,500 training reimbursement
Amsted Rail Company, Inc Kansas state 2010 $65,400 training reimbursement
Baltimore Aircoil Co., Inc. Illinois state 2004 $64,689 grant
Amsted Rail Company, Inc Kansas state 2011 $53,683 grant
Amsted Rail Company, Inc Alabama state 2013 $28,500 cost reimbursement
Amsted Rail Company, Inc Alabama state 2013 $28,500 cost reimbursement
Amsted Rail Company, Inc Alabama state 2013 $28,500 cost reimbursement
Amsted Rail Company, Inc Alabama state 2013 $28,500 cost reimbursement
Baltimore Aircoil Delaware state 2000 $28,200 training reimbursement
Baltimore Aircoil Company Delaware state 2016 $27,234 training reimbursement
Griffin Wheel Co. div. Amsted Rail Co., Inc. Alabama state 2012 $18,000 cost reimbursement
Baltimore Aircoil Company Delaware state 2014 $9,000 training reimbursement
TransForm Automotive Michigan state 2009 $6,000 training reimbursement
Baltimore Aircoil Delaware state 2003 $4,624 training reimbursement
Baltimore Aircoil Company Inc United States federal 2007 $3,500,000 federal loan or loan guarantee
Amsted Rail Company, Inc. United States federal 2010 $2,183,300 federal insurance
BURGESS-NORTON MFG. CO./DIV.AMSTED INDUSTRIES Michigan local 1996 undisclosed property tax abatement
MEANS INDUSTRIES INC Michigan local 1998 undisclosed property tax abatement
MEANS INDUSTRIES INC Michigan local 1999 undisclosed property tax abatement
TRANSFORM AUTOMOTIVE LLC Michigan local 2002 undisclosed property tax abatement
MEANS INDUSTRIES INC Michigan local 2003 undisclosed property tax abatement
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