Subsidy Tracker Parent Company Summary
Parent Company Name:
Arconic
Ownership Structure:
publicly traded (ticker symbol ARNC)
Headquartered in:
New York
Major Industry:
miscellaneous manufacturing
Specific Industry:
industrial components
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $40,601,714 | 42 |
| Federal (grants and allocated tax credits) | $6,915,609 | 4 |
| TOTAL | $47,517,323 | 46 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $3,000,000 | 1 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
| TOTAL | $3,000,000 | 1 |
Time Period for State and Local Awards:
Earliest year of data: 1995. 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 2010.
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:
ALCOA AUTOMOTIVE; ALCOA HOWMET; Alcoa now Arconic; Aloca Howmet; Arconic; ARCONIC F / K / A ALCOA; ARCONIC GLOBAL FASTENERS AND RINGS; Howmet Corp.; HUCK INTL; RTI International Metals
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 |
|---|---|---|
| Ohio | $18,387,024 | 9 |
| Iowa | $6,482,000 | 3 |
| Indiana | $5,500,000 | 5 |
| Tennessee | $5,350,000 | 3 |
| Virginia | $2,734,168 | 7 |
| All other | $2,148,522 | 15 |
Individual Subsidy Records:
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| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| Alcoa Inc. | Ohio | state | 2009 | $15,627,375 | tax credit/rebate | |
| Alcoa, Inc. | Iowa | state | 2011 | $4,360,000 | grant | |
| Howmet Castings & Services, Inc. | Indiana | state | 2014 | $4,000,000 | tax credit/rebate | |
| Alcoa, Inc. | Tennessee | state | 2013 | $2,200,000 | grant | |
| Alcoa, Inc. | Tennessee | state | 2013 | $2,200,000 | grant | |
| HOWMET CORPORATION | United States | federal | 2000 | $2,000,000 | federal grant | |
| ARCONIC INC. | United States | federal | 2018 | $1,891,771 | federal grant | |
| Alcoa Inc. | Iowa | state | 2005 | $1,765,000 | training reimbursement | |
| HOWMET CORPORATION | United States | federal | 2001 | $1,750,000 | federal grant | |
| ARCONIC INC. | United States | federal | 2017 | $1,273,838 | federal grant | |
| ALCOA INC | Ohio | state | 2011 | $1,250,000 | grant | |
| Alcoa, Inc. | Tennessee | state | 2013 | $950,000 | training reimbursement | |
| Alcoa Howmet | Michigan | state | 2015 | $935,000 | tax credit/rebate | |
| ALCOA INC | Ohio | state | 2010 | $750,000 | grant | |
| Arconic | Virginia | state | 2018 | $750,000 | grant | |
| Alcoa Lafayette Operations | Indiana | state | 2012 | $650,000 | tax credit/rebate | |
| RTI International Metals, Inc. | Virginia | state | 2008 | $633,168 | grant | |
| Aloca Howmet | Virginia | state | 2009 | $500,000 | grant | |
| Howmet Castings & Services, Inc. | Indiana | state | 2014 | $450,000 | tax credit/rebate | |
| Alcoa Howmet | Virginia | state | 2014 | $450,000 | grant | |
| ALCOA INC | Ohio | state | 2008 | $400,000 | grant | |
| Alcoa Inc. | Iowa | state | 2010 | $357,000 | training reimbursement | |
| Alcoa Howmet | Michigan | state | 2015 | $285,000 | grant/loan hybrid program | |
| Arconic, Inc. (f/k/a Alcoa, Inc.) | Pennsylvania | state | 2017 | $265,650 | tax credit/rebate | |
| Alcoa Howmet | Michigan | state | 2015 | $206,000 | property tax abatement | |
| Alcoa Lafayette Operations | Indiana | state | 2012 | $200,000 | training reimbursement | |
| Howmet Castings & Services, Inc. | Indiana | state | 2014 | $200,000 | training reimbursement | |
| Alcoa Howmet | Virginia | state | 2014 | $200,000 | grant | |
| Alcoa Howmet | Virginia | state | 2015 | $200,000 | grant | |
| RTI International Metals Inc | Pennsylvania | state | $180,000 | tax credit/rebate | ||
| ALCOA INC | Ohio | state | 2008 | $119,323 | grant | |
| ALCOA INC | Ohio | state | 2014 | $90,885 | grant | |
| Huck International, Inc. | New York | state | 2005 | $55,970 | enterprise zone | |
| ALCOA INC | Ohio | state | 2010 | $52,839 | grant | |
| Huck International, Inc. | New York | state | 2008 | $51,632 | enterprise zone | |
| RTI International Metals Inc | Pennsylvania | state | $50,000 | grant | ||
| ALCOA INC | Ohio | state | 2013 | $48,301 | grant | |
| ALCOA INC | Ohio | state | 2013 | $48,301 | training reimbursement | |
| Alcoa Howmet | Michigan | state | 2015 | $46,000 | tax credit/rebate | |
| Huck International, Inc. | New York | state | 2001 | $24,733 | enterprise zone | |
| Huck International, Inc. | New York | state | 2004 | $22,000 | enterprise zone | |
| Huck International, Inc. | New York | state | 2002 | $10,061 | enterprise zone | |
| Huck International Inc. | New York | state | 2007 | $8,823 | enterprise zone | |
| Huck International, Inc. | New York | state | 2003 | $6,300 | enterprise zone | |
| Huck International Inc. | New York | state | 2006 | $1,353 | enterprise zone | |
| Alcoa Wheel and Transportation Products | Virginia | state | 2009 | $1,000 | training reimbursement | |
| ALCOA INC | Ohio | state | 2010 | $3,000,000 | loan or bond financing | |
| HOWMET CORPORATION | Michigan | local | 1997 | undisclosed | property tax abatement | |
| HOWMET CORPORATION | Michigan | local | 1997 | undisclosed | property tax abatement | |
| HOWMET CORPORATION | Michigan | local | 1998 | undisclosed | property tax abatement | |
| HOWMET CORPORATION | Michigan | local | 1998 | undisclosed | property tax abatement | |
| HOWMET CORPORATION | Michigan | local | 1999 | undisclosed | property tax abatement | |
| ALCOA AUTOMOTIVE | Michigan | local | 2002 | undisclosed | property tax abatement | |
| ALCOA AUTOMOTIVE | Michigan | local | 2003 | undisclosed | property tax abatement | |
| ALCOA INC | Michigan | local | 2004 | undisclosed | property tax abatement | |
| Howmet Corporation | Tennessee | state | 2008 | undisclosed | training reimbursement | |
| Alcoa Howmet & Service Inc. | Texas | state | 2010 | undisclosed | training reimbursement | |
| Alcoa, Inc. | Texas | local | 2000 | undisclosed | tax credit/rebate | |
| HOWMET CORPORATION - ALCOA | Michigan | local | 2007 | undisclosed | property tax abatement | |
| Alcoa, Inc. | Tennessee | local | 2011 | undisclosed | property tax abatement | |
| ALCOA INCORPORATED | Tennessee | local | 2012 | undisclosed | property tax abatement | |
| ALCOA Automotive Structures, Inc. | Ohio | state | 1995 | undisclosed | tax credit/rebate | |
| Huck International, Inc. (dba Huck Fasteners) | Ohio | state | 2001 | undisclosed | tax credit/rebate | |
| Alcoa, Inc. | Tennessee | local | 2013 | undisclosed | property tax abatement | |
| Alcoa, Inc. | Tennessee | local | 2014 | undisclosed | property tax abatement | |
| Alcoa Inc. | Tennessee | local | 2016 | undisclosed | property tax abatement | |
| Alcoa Inc. | Tennessee | local | 2016 | undisclosed | property tax abatement | |
| ARCONIC GLOBAL FASTENERS & RINGS INC | Washington | state | 2015 | undisclosed | tax credit/rebate | |
| ARCONIC GLOBAL FASTENERS & RINGS INC | Washington | state | 2016 | undisclosed | tax credit/rebate | |
| ARCONIC INC | Washington | state | 2015 | undisclosed | tax credit/rebate | |
| ARCONIC INC | Washington | state | 2016 | undisclosed | tax credit/rebate | |
| ARCONIC INC | Washington | state | 2015 | undisclosed | tax credit/rebate |
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