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Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: Aviation Industry Corp. of China
Ownership Structure: government-owned
Headquartered in: China
Major Industry: aerospace and military contracting
Specific Industry: aerospace & military contracting
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $241,542,828 | 9 |
Federal (grants and allocated tax credits) | $0 | 0 |
TOTAL | $241,542,828 | 9 |
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) | $0 | 0 |
TOTAL | $0 | 0 |
Time Period for State and Local Awards: Earliest year of data: 1974. 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: The dollar total above adjusts for the fact that there is an overlap between the amount in the Megadeal entry and that of one or more of the other entries. 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 |
Michigan | $241,457,995 | 5 |
North Carolina | $84,833 | 4 |
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 |
Nexteer Automotive | Michigan | multiple | 2009 | $93,700,000 | | MEGADEAL (Archived) |
Nexteer Automotive Corporation | Michigan | state | 2013 | $74,683,770 | | tax credit/rebate |
Nexteer Automotive | Michigan | state | 2010 | $70,701,000 | | tax credit/rebate |
Nexteer Automotive Corporation | Michigan | state | 2023 | $2,273,225 | | tax credit/rebate |
Nexteer Automotive | Michigan | state | 2010 | $100,000 | | training reimbursement |
Henniges Automotive | North Carolina | local | 2011 | $22,970 | | grant |
Henniges Automotive | North Carolina | local | 2011 | $22,580 | | grant |
Henniges Automotive | North Carolina | local | 2011 | $19,809 | | grant |
Henniges Automotive | North Carolina | local | 2011 | $19,474 | | grant |
Nexteer Automotive Corporation | Michigan | state | 2010 | undisclosed | | property tax abatement |
Nexteer Automotive Corporation | Michigan | state | 2017 | undisclosed | | property tax abatement |
Teledyne Continental Mtrs | Michigan | state | 1974 | undisclosed | | property tax abatement |
Nexteer Automotive Corporation | Michigan | state | 2009 | undisclosed | | property tax abatement |
Nexteer Automotive Corporation | Michigan | state | 2011 | undisclosed | | property tax abatement |
Nexteer Automotive Corporation | Michigan | state | 2012 | undisclosed | | property tax abatement |
Nexteer Automotive Corporation | Michigan | state | 2015 | undisclosed | | property tax abatement |
Teledyne Continental Motors | Michigan | state | 1987 | undisclosed | | property tax abatement |