Subsidy Tracker Parent Company Summary

Parent Company Name: 
Howmet Aerospace
Ownership Structure: 
publicly traded (ticker symbol HWM)
Headquartered in: 
Pennsylvania
Major Industry: 
aerospace and military contracting
Specific Industry: 
aerospace components
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$9,897,00013
Federal (grants and allocated tax credits)$3,750,0002
TOTAL$13,647,00015
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: 1997. 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 2014.

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: 

ALCOA HOWMET; Aloca Howmet; Howmet Aerospace; Howmet Corp.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
Indiana$6,450,0004
Michigan$1,472,0004
Virginia$1,350,0004
Tennessee$625,0001

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
Howmet Castings & Services, Inc. Indiana state 2014 $4,000,000 tax credit/rebate
HOWMET CORPORATION United States federal 2000 $2,000,000 federal grant
Howmet Castings & Services, Inc. Indiana state 2019 $1,800,000 tax credit/rebate
HOWMET CORPORATION United States federal 2001 $1,750,000 federal grant
Alcoa Howmet Michigan state 2015 $935,000 tax credit/rebate
Howmet Castings & Services, Inc. Tennessee state 2019 $625,000 grant
Aloca Howmet Virginia state 2009 $500,000 grant
Howmet Castings & Services, Inc. Indiana state 2014 $450,000 tax credit/rebate
Alcoa Howmet Virginia state 2014 $450,000 grant
Alcoa Howmet Michigan state 2015 $285,000 grant/loan hybrid program
Alcoa Howmet Michigan state 2015 $206,000 property tax abatement
Howmet Castings & Services, Inc. Indiana state 2014 $200,000 training reimbursement
Alcoa Howmet Virginia state 2014 $200,000 grant
Alcoa Howmet Virginia state 2015 $200,000 grant
Alcoa Howmet Michigan state 2015 $46,000 tax credit/rebate
HOWMET CORPORATION Michigan local 1997 undisclosed property tax abatement
HOWMET CORPORATION Michigan local 1997 undisclosed property tax abatement
HOWMET CORPORATION Michigan local 1998 undisclosed property tax abatement
HOWMET CORPORATION Michigan local 1998 undisclosed property tax abatement
HOWMET CORPORATION Michigan local 1999 undisclosed property tax abatement
Howmet Corporation Tennessee state 2008 undisclosed training reimbursement
Alcoa Howmet & Service Inc. Texas state 2010 undisclosed training reimbursement
HOWMET CORPORATION - ALCOA Michigan local 2007 undisclosed property tax abatement
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