Subsidy Tracker Parent Company Summary
Parent Company Name:
Gestamp
Ownership Structure:
privately held
Headquartered in:
Spain
Major Industry:
automotive parts
Specific Industry:
automotive parts
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $139,819,856 | 14 |
| Federal (grants and allocated tax credits) | $76,549,788 | 2 |
| TOTAL | $216,369,644 | 16 |
| 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: 2005. 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 2016.
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 |
|---|---|---|
| West Virginia | $126,282,379 | 6 |
| Tennessee | $6,535,000 | 2 |
| Arizona | $2,700,000 | 1 |
| Michigan | $1,921,365 | 2 |
| Texas | $1,800,000 | 1 |
| All other | $581,112 | 2 |
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 |
|---|---|---|---|---|---|---|
| Gestamp | West Virginia | state | 2012 | $98,300,000 |
MEGADEAL  |
|
| Flat Water Wind Farm LLC | United States | federal | 2011 | $44,782,864 | federal grant | |
| Roth Rock Wind Farm, LLC | United States | federal | 2011 | $31,766,924 | federal grant | |
| Gestamp West Virginia LLC | West Virginia | state | 2012 | $27,500,000 | grant | |
| Gestamp Chattanooga, LLC | Tennessee | state | 2016 | $5,500,000 | grant | |
| Gestamp Solar Steel US Inc. | Arizona | state | 2012 | $2,700,000 | tax credit/rebate | |
| Gestamp North America, Inc. | Michigan | state | 2019 | $1,850,000 | tax credit/rebate | |
| Gestamp Steel US Inc. | Texas | state | 2015 | $1,800,000 | grant | |
| Gestamp North America | Tennessee | state | 2010 | $1,035,000 | training reimbursement | |
| Gestamp South Carolina, LLC | South Carolina | state | 2011 | $500,000 | grant | |
| Gestamp WV | West Virginia | state | 2014 | $232,541 | training reimbursement | |
| Gestamp WV LLC | West Virginia | state | 2013 | $174,000 | training reimbursement | |
| Gestamp | South Carolina | state | 2013 | $81,112 | training reimbursement | |
| Gestamp Mason, LLC. | Michigan | state | 2014 | $71,365 | training reimbursement | |
| Gestamp WV | West Virginia | state | 2016 | $58,381 | training reimbursement | |
| Gestamp WV | West Virginia | state | 2015 | $17,457 | training reimbursement | |
| GESTAMP AUTOMOTIVE | Michigan | local | 2005 | undisclosed | property tax abatement | |
| GESTAMP MASON,LLC | Michigan | local | 2011 | undisclosed | property tax abatement | |
| GESTAMP ALABAMA,LLC | Michigan | local | 2011 | undisclosed | property tax abatement | |
| Gestamp South Carolina, LLC | South Carolina | state | 2012 | undisclosed | tax credit/rebate | |
| Gestamp Chattanooga II, LLC | Tennessee | local | 2016 | undisclosed | property tax abatement | |
| Gestamp Chattanooga II, LLC | Tennessee | local | 2016 | undisclosed | property tax abatement | |
| Gestamp Chattanooga, LLC | Tennessee | local | 2016 | undisclosed | property tax abatement | |
| Gestamp Chattanooga, LLC | Tennessee | local | 2016 | undisclosed | property tax abatement | |
| Gestamp Chattanooga, LLC | Tennessee | local | 2016 | undisclosed | property tax abatement | |
| Gestamp Chattanooga, LLC | Tennessee | local | 2016 | undisclosed | property tax abatement | |
| Gestamp Chattanooga, LLC | Tennessee | local | 2016 | undisclosed | property tax abatement | |
| Gestamp Chattanooga, LLC | Tennessee | local | 2016 | undisclosed | property tax abatement | |
| Gestamp Chattanooga, LLC | Tennessee | local | 2016 | undisclosed | property tax abatement | |
| Gestamp Chattanooga, LLC | Tennessee | local | 2016 | undisclosed | property tax abatement | |
| GESTAMP CHATTANOOGA II, LLC | Tennessee | local | 2017 | undisclosed | property tax abatement | |
| GESTAMP CHATTANOOGA II, LLC | Tennessee | local | 2017 | undisclosed | property tax abatement | |
| GESTAMP CHATTANOOGA, LLC | Tennessee | local | 2017 | undisclosed | property tax abatement | |
| GESTAMP CHATTANOOGA, LLC | Tennessee | local | 2017 | undisclosed | property tax abatement | |
| GESTAMP CHATTANOOGA, LLC | Tennessee | local | 2017 | undisclosed | property tax abatement | |
| GESTAMP CHATTANOOGA, LLC | Tennessee | local | 2017 | undisclosed | property tax abatement | |
| GESTAMP CHATTANOOGA, LLC | Tennessee | local | 2017 | undisclosed | property tax abatement | |
| GESTAMP CHATTANOOGA, LLC | Tennessee | local | 2017 | undisclosed | property tax abatement | |
| GESTAMP CHATTANOOGA II, LLC | Tennessee | local | 2018 | undisclosed | property tax abatement | |
| GESTAMP CHATTANOOGA II, LLC | Tennessee | local | 2018 | undisclosed | property tax abatement | |
| GESTAMP CHATTANOOGA, LLC | Tennessee | local | 2018 | undisclosed | property tax abatement | |
| GESTAMP CHATTANOOGA, LLC | Tennessee | local | 2018 | undisclosed | property tax abatement | |
| GESTAMP CHATTANOOGA, LLC | Tennessee | local | 2018 | undisclosed | property tax abatement | |
| GESTAMP CHATTANOOGA, LLC | Tennessee | local | 2018 | undisclosed | property tax abatement | |
| GESTAMP CHATTANOOGA, LLC | Tennessee | local | 2018 | undisclosed | property tax abatement | |
| GESTAMP CHATTANOOGA, LLC | Tennessee | local | 2018 | undisclosed | property tax abatement | |
| GESTAMP CHATTANOOGA II, LLC | Tennessee | Local | 2019 | undisclosed | property tax abatement | |
| GESTAMP CHATTANOOGA II, LLC | Tennessee | Local | 2019 | undisclosed | property tax abatement | |
| GESTAMP CHATTANOOGA, LLC | Tennessee | Local | 2019 | undisclosed | property tax abatement | |
| GESTAMP CHATTANOOGA, LLC | Tennessee | Local | 2019 | undisclosed | property tax abatement | |
| GESTAMP CHATTANOOGA, LLC | Tennessee | Local | 2019 | undisclosed | property tax abatement | |
| GESTAMP CHATTANOOGA, LLC | Tennessee | Local | 2019 | undisclosed | property tax abatement | |
| GESTAMP CHATTANOOGA, LLC | Tennessee | Local | 2019 | undisclosed | property tax abatement | |
| GESTAMP CHATTANOOGA, LLC | Tennessee | Local | 2019 | undisclosed | property tax abatement |
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