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Subsidy Tracker Parent Company Summary
Parent Company Name: ESAB Corporation
Ownership Structure: publicly traded (ticker symbol ESAB)
Headquartered in: Maryland
Major Industry: industrial equipment
Specific Industry: welding and cutting equipment
| Subsidy Summary | Subsidy Value | Number of Awards |
| State/Local | $2,737,320 | 20 |
| Federal (grants and allocated tax credits) | $0 | 0 |
| TOTAL | $2,737,320 | 20 |
| 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) | $8,100,000 | 3 |
| TOTAL | $8,100,000 | 3 |
Time Period for State and Local Awards: Earliest year of data: 2003. 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.
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 |
| South Carolina | $1,642,050 | 2 |
| Kentucky | $818,983 | 4 |
| North Carolina | $178,647 | 12 |
| Maryland | $80,000 | 1 |
| Michigan | $17,640 | 1 |
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 |
| The ESAB Group, Inc. | South Carolina | state | 2011 | $875,000 | | grant |
| ESAB Welding & Cutting Products | South Carolina | state | 2012 | $767,050 | | training reimbursement |
| IMO Industries, Inc. | Kentucky | state | 2009 | $600,000 | | tax credit/rebate |
| Stoody Company | Kentucky | state | 2019 | $200,000 | | tax credit/rebate |
| The ESAB Group, Inc. | Maryland | local | 2022 | $80,000 | | grant |
| IMO Industries, Inc. | North Carolina | state | 2015 | $51,415 | | tax credit/rebate |
| IMO Industries, Inc. | North Carolina | state | 2016 | $23,199 | | tax credit/rebate |
| IMO Industries, Inc. | North Carolina | state | 2009 | $21,307 | | tax credit/rebate |
| IMO Industries, Inc. | North Carolina | state | 2010 | $19,016 | | tax credit/rebate |
| AlcoTec Wire Company | Michigan | state | 2010 | $17,640 | | training reimbursement |
| IMO Industries, Inc. | North Carolina | state | 2016 | $14,608 | | tax credit/rebate |
| IMO Industries, Inc. | North Carolina | state | 2013 | $12,356 | | tax credit/rebate |
| IMO Industries, Inc. | North Carolina | state | 2011 | $11,317 | | tax credit/rebate |
| Stoody Company | Kentucky | state | 2010 | $11,290 | | training reimbursement |
| IMO Industries, Inc. | North Carolina | state | 2012 | $7,739 | | tax credit/rebate |
| Stoody Company | Kentucky | state | 2008 | $7,693 | | training reimbursement |
| IMO Industries, Inc. | North Carolina | state | 2017 | $7,458 | | tax credit/rebate |
| IMO Industries, Inc. | North Carolina | state | 2008 | $4,500 | | tax credit/rebate |
| IMO Industries, Inc. | North Carolina | state | 2008 | $3,486 | | tax credit/rebate |
| IMO Industries, Inc. | North Carolina | state | 2015 | $2,246 | | tax credit/rebate |
| Arc Machines, Inc. | United States | federal | 2012 | | $3,600,000 | federal loan or loan guarantee |
| Arc Machines, Inc. | United States | federal | 2013 | | $2,250,000 | federal loan or loan guarantee |
| Arc Machines, Inc. | United States | federal | 2014 | | $2,250,000 | federal loan or loan guarantee |
| ALCOTEC WIRE CORPORATION | Michigan | local | 2003 | undisclosed | | property tax abatement |
| ESAB Welding & Cutting Products | South Carolina | state | 2007 | undisclosed | | tax credit/rebate |
