Subsidy Tracker Parent Company Summary

Parent Company Name: 
Gerdau
Ownership Structure: 
publicly traded (ticker symbol GGB)
Headquartered in: 
Brazil
Major Industry: 
metals
Specific Industry: 
steel
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$25,307,94739
Federal (grants and allocated tax credits)$00
TOTAL$25,307,94739
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)$00
TOTAL$00
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: 

D AND R STEEL; Gerdau; MACSTEEL MONROE INC

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
Kentucky$12,178,5007
Iowa$4,696,0003
Florida$3,000,0001
Arkansas$2,199,3738
North Carolina$1,043,6049
All other$2,190,47011

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 Valuesort icon Loan/Bailout Value Type of Subsidy
Gerdau Ameristeel U.S. Inc. Kentucky state 2010 $6,000,000 tax credit/rebate
Gerdau Ameristeel U.S. Inc. Kentucky state 2013 $6,000,000 tax credit/rebate
Gerdau Ameristeel US Inc. Iowa state 2005 $3,081,500 training reimbursement
Gerdau Ameristeel Florida local 2005 $3,000,000 grant
GERDAU MACSTEEL Arkansas state 2010 $1,542,866 tax credit/rebate
Gerdau Ameristeel US, Inc. Iowa state 2007 $1,000,000 grant/loan hybrid program
Gerdau Minnesota local 2012 $900,000 tax credit/rebate and grant
GERDAU AMERISTEEL US INC & AFFILIATES Oklahoma state 2008 $653,856 tax credit/rebate
Gerdau Ameristeel US, Inc. Iowa state 2007 $614,500 tax credit/rebate
GERDAU MACSTEEL Arkansas state 2010 $474,128 tax credit/rebate
Gerdau Ameristeel US, Inc. North Carolina state 2008 $240,359 tax credit/rebate
GERDAU AMERISTEEL US INC. Oklahoma state 2008 $226,319 tax credit/rebate
Gerdau Ameristeel US, Inc. North Carolina state 2010 $201,844 tax credit/rebate
Gerdau Ameristeel US, Inc. North Carolina state 2015 $155,716 tax credit/rebate
Gerdau Ameristeel North Carolina state 2005 $150,000 grant
Gerdau Ameristeel US, Inc. North Carolina state 2009 $103,063 tax credit/rebate
Gerdau Ameristeel Virginia state 2005 $100,000 grant
Gerdau MacSteel, Inc. Indiana state 2012 $92,000 training reimbursement
Gerdau Ameristeel US Inc. Kentucky state 2016 $87,500 training reimbursement
Gerdau Ameristeel US, Inc. North Carolina state 2013 $79,894 tax credit/rebate
Gerdau MacSteel, Inc. Indiana state 2012 $65,000 tax credit/rebate
GERDAU MACSTEEL Arkansas state 2010 $63,379 tax credit/rebate
Gerdau MacSteel, Inc. Indiana state 2007 $60,000 tax credit/rebate
Gerdau MacSteel Arkansas state 2010 $53,400 training reimbursement
Gerdau Ameristeel US, Inc. North Carolina state 2016 $49,457 tax credit/rebate
Gerdau Ameristeel US, Inc. North Carolina state 2008 $48,600 tax credit/rebate
Gerdau Ameristeel US, Inc. Tennessee state 2013 $45,000 training reimbursement
GERDAU MACSTEEL Arkansas state 2013 $36,320 training reimbursement
Gerdau Ameristeel US Inc. Tennessee state 2013 $31,000 training reimbursement
Gerdau Ameristeel US Inc. Kentucky state 2014 $25,000 training reimbursement
Gerdau Ameristee US Inc. Kentucky state 2014 $25,000 training reimbursement
Gerdau Ameristeel US Inc. Kentucky state 2016 $25,000 training reimbursement
Gerdau Ameristeel US Inc. Kentucky state 2016 $16,000 training reimbursement
Gerdau Ameristeel US, Inc. North Carolina state 2011 $14,671 tax credit/rebate
GERDAU MACSTEEL Arkansas state 2014 $13,920 training reimbursement
Gerdau MacSteel, Inc. Indiana state 2006 $12,500 training reimbursement
GERDAU MACSTEEL (dba MACSTEEL DIVISION) Arkansas state 2014 $8,000 training reimbursement
Gerdau Arkansas state 2011 $7,360 training reimbursement
Gerdau AmeriSteel Corp Virginia state 2009 $4,795 training reimbursement
MACSTEEL MONROE INC Michigan local 1995 undisclosed property tax abatement
MACSTEEL MONROE INC Michigan local 1995 undisclosed property tax abatement
MACSTEEL MONROE INC Michigan local 2005 undisclosed property tax abatement
Gerdau Ameristeel US Inc. Tennessee state 2008 undisclosed training reimbursement
GERDAU MACSTEEL,INC. Michigan local 2011 undisclosed property tax abatement
MACSTEEL MONROE,INC. Michigan local 2011 undisclosed property tax abatement
D & R Steel, LLC Arizona state 2007 undisclosed enterprise zone
D & R Steel, LLC Arizona state 2005 undisclosed enterprise zone
D & R Steel, LLC Arizona state 2006 undisclosed enterprise zone
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