Basic Search
|
Geographic Searches
|
Advanced Search |
Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: BillerudKorsnas
Ownership Structure: publicly traded
Headquartered in: Sweden
Major Industry: paper and packaging
Specific Industry: pulp and paper
| Subsidy Summary | Subsidy Value | Number of Awards |
| State/Local | $53,762,254 | 35 |
| Federal (grants and allocated tax credits) | $38,762,659 | 4 |
| TOTAL | $92,524,913 | 39 |
| 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: 2008. 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 2012.
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 |
| Maine | $41,323,506 | 19 |
| Michigan | $7,976,000 | 6 |
| Ohio | $4,261,671 | 5 |
| Maryland | $92,000 | 1 |
| Wisconsin | $76,720 | 1 |
| All other | $32,357 | 3 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
| Company | Location | Subsidy Source | Year | Subsidy Value  . | Loan/Bailout Value | Type of Subsidy |
| Verso Quinnesec LLC | United States | federal | 2012 | $14,675,562 | | federal grant |
| Verso Bucksport LLC | United States | federal | 2013 | $13,653,021 | | federal grant |
| VERSO PAPER CORP. | United States | federal | 2010 | $9,356,177 | | federal grant |
| VERSO PAPER LLC | Maine | state | 2009 | $5,533,062 | | property tax abatement |
| VERSO PAPER LLC | Maine | state | 2010 | $4,825,455 | | property tax abatement |
| VERSO PAPER LLC | Maine | state | 2011 | $4,302,379 | | property tax abatement |
| VERSO PAPER LLC | Maine | state | 2012 | $4,062,513 | | property tax abatement |
| NewPage Corporation | Ohio | state | 2008 | $3,943,485 | | tax credit/rebate |
| VERSO PAPER LLC | Maine | state | 2013 | $3,833,961 | | property tax abatement |
| VERSO PAPER LLC | Maine | state | 2014 | $3,212,244 | | property tax abatement |
| RUMFORD PAPER COMPANY | Maine | state | 2011 | $2,784,313 | | property tax abatement |
| Verso Paper | Michigan | state | 2010 | $2,525,000 | | property tax abatement |
| VERSO PAPER LLC | Maine | state | 2015 | $2,464,498 | | property tax abatement |
| Verso Paper | Michigan | state | 2010 | $2,262,000 | | tax credit/rebate |
| RUMFORD PAPER COMPANY | Maine | state | 2009 | $1,990,023 | | property tax abatement |
| Verso Paper | Michigan | state | 2010 | $1,849,000 | | tax credit/rebate |
| RUMFORD PAPER COMPANY | Maine | state | 2013 | $1,695,773 | | property tax abatement |
| VERSO PAPER LLC | Maine | state | 2016 | $1,612,353 | | property tax abatement |
| Verso Paper | Michigan | state | 2010 | $1,104,000 | | tax credit/rebate |
| NEWPAGE WISCONSIN SYSTEM INC. | United States | federal | 2017 | $1,077,899 | | federal grant |
| VERSO PAPER LLC | Maine | state | 2017 | $1,047,253 | | property tax abatement |
| RUMFORD PAPER COMPANY | Maine | state | 2010 | $868,457 | | property tax abatement |
| RUMFORD PAPER COMPANY | Maine | state | 2015 | $773,132 | | property tax abatement |
| RUMFORD PAPER COMPANY | Maine | state | 2012 | $627,549 | | property tax abatement |
| RUMFORD PAPER COMPANY | Maine | state | 2014 | $509,719 | | property tax abatement |
| VERSO PAPER LLC | Maine | state | 2018 | $475,928 | | property tax abatement |
| VERSO PAPER LLC | Maine | state | 2019 | $475,928 | | property tax abatement |
| VERSO BUCKSPORT POWER LLC | Maine | state | 2015 | $228,966 | | property tax abatement |
| Verso Paper | Michigan | state | 2010 | $211,000 | | tax credit/rebate |
| NEWPAGE CORPORATION | Ohio | state | 2009 | $150,000 | | grant |
| NewPage Corporation | Maryland | state | 2011 | $92,000 | | grant/loan hybrid program |
| New Page Holdings Inc. | Wisconsin | state | 2014 | $76,720 | | cost reimbursement |
| NEWPAGE CORPORATION | Ohio | state | 2013 | $59,093 | | grant |
| NEWPAGE CORPORATION | Ohio | state | 2013 | $59,093 | | training reimbursement |
| NEWPAGE CORPORATION | Ohio | state | 2010 | $50,000 | | grant |
| Wickliffe Paper Company LLC | Kentucky | state | 2008 | $25,000 | | training reimbursement |
| Verso Paper | Michigan | state | 2009 | $25,000 | | training reimbursement |
| Luke Paper Company | West Virginia | state | 2013 | $4,664 | | training reimbursement |
| Luke Paper | West Virginia | state | 2014 | $2,693 | | training reimbursement |
