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Subsidy Tracker Parent Company Summary
Parent Company Name: Ikea
Ownership Structure: privately held
Headquartered in: Sweden
Major Industry: retailing
Specific Industry: retail-home furnishings
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $41,235,889 | 31 |
Federal (grants and allocated tax credits) | $5,773,013 | 2 |
TOTAL | $47,008,902 | 33 |
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 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 |
New York | $21,487,298 | 6 |
Tennessee | $9,505,932 | 2 |
Virginia | $6,033,826 | 10 |
Florida | $1,972,500 | 4 |
Illinois | $1,046,935 | 1 |
All other | $1,189,398 | 8 |
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 |
Ikea Holding US, Inc. | New York | state | 2007 | $19,850,834 | | tax credit/rebate |
IKEA Property, Inc. | Tennessee | local | 2015 | $5,351,840 | | property tax abatement |
IKEA Property Inc. | United States | federal | 2012 | $4,990,932 | | federal grant |
IKEA Property, Inc. | Tennessee | local | 2015 | $4,154,092 | | property tax abatement |
Swedwood International | Virginia | state | 2007 | $3,000,000 | | grant |
IKEA Distribution Services Inc. | Illinois | state | 2018 | $1,046,935 | | infrastructure assistance |
Swedwood International | Virginia | state | 2006 | $1,000,000 | | grant |
Swedwood | Virginia | state | 2006 | $1,000,000 | | grant |
IKEA Property, Inc | United States | federal | 2011 | $782,081 | | federal grant |
IKEA US East, LLC | Florida | state | 2008 | $562,500 | | tax credit/rebate |
IKEA US East, LLC | Florida | state | 2008 | $562,500 | | tax credit/rebate |
IKEA Property, Inc. | Oregon | state | 2013 | $525,000 | | tax credit/rebate |
IKEA New York, LLC | New York | state | 2010 | $490,150 | | enterprise zone |
IKEA US East | Florida | state | 2013 | $480,000 | | tax credit/rebate |
IKEA New York, LLC | New York | state | 2012 | $413,836 | | enterprise zone |
IKEA US East, LLC | Florida | state | 2010 | $367,500 | | tax credit/rebate |
IKEA New York, LLC | New York | state | 2011 | $346,158 | | enterprise zone |
IKEA New York, LLC | New York | state | 2009 | $320,750 | | enterprise zone |
Swedwood Danville, LLC | Virginia | state | 2013 | $234,279 | | enterprise zone |
Swedwood Danville, LLC | Virginia | state | 2012 | $211,753 | | enterprise zone |
Swedwood Danville, LLC | Virginia | state | 2011 | $189,474 | | enterprise zone |
Ikea Property, Inc. | North Carolina | state | 2017 | $186,018 | | tax credit/rebate |
Ikea Property, Inc. | North Carolina | state | 2016 | $156,701 | | tax credit/rebate |
Swedwood Danville LLC - Worker Readiness Training | Virginia | state | 2010 | $150,000 | | training reimbursement |
Swedwood Danville, LLC - Worker Readiness Training | Virginia | state | 2009 | $150,000 | | training reimbursement |
Ikea Property, Inc. | North Carolina | state | 2018 | $101,221 | | tax credit/rebate |
Swedwood Danville, LLC | Virginia | state | 2009 | $76,283 | | training reimbursement |
Ikea Property, Inc. | North Carolina | state | 2022 | $74,944 | | tax credit/rebate |
Ikea Property, Inc. | North Carolina | state | 2023 | $74,057 | | tax credit/rebate |
Ikea Property, Inc. | North Carolina | state | 2019 | $68,010 | | tax credit/rebate |
IKEA New York, LLC | New York | state | 2008 | $65,570 | | enterprise zone |
Swedwood Danville, LLC | Virginia | state | 2010 | $22,037 | | training reimbursement |
Ikea Property, Inc. | North Carolina | state | 2020 | $3,447 | | tax credit/rebate |
IKEA DEVELOPMENT URBAN RENEWAL LP | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
IKEA RETAIL MANAGEMENT L.P. | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
IKEA US EAST LLC | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
Ikea | Texas | local | 2005 | undisclosed | | tax credit/rebate |
IKEA DEVELOPMENT URBAN RENEWAL LP | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
IKEA US EAST LLC | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
IKEA Property/IKEA Store | Massachusetts | state | 2004 | undisclosed | | tax credit/rebate |
IKEA PROPERTY INC | Tennessee | local | 2017 | undisclosed | | property tax abatement |
IKEA US RETAIL LLC | Tennessee | local | 2017 | undisclosed | | property tax abatement |
IKEA PROPERTY INC | Tennessee | local | 2018 | undisclosed | | property tax abatement |
IKEA PROPERTY INC | Tennessee | local | 2018 | undisclosed | | property tax abatement |
IKEA PROPERTY INC | Tennessee | Local | 2019 | undisclosed | | property tax abatement |
IKEA PROPERTY INC | Tennessee | Local | 2019 | undisclosed | | property tax abatement |
IKEA PROPERTY INC | Tennessee | Local | 2019 | undisclosed | | property tax abatement |
IKEA PROPERTY INC | Tennessee | Local | 2020 | undisclosed | | property tax abatement |
IKEA PROPERTY INC | Tennessee | Local | 2020 | undisclosed | | property tax abatement |
IKEA PROPERTY INC | Tennessee | Local | 2020 | undisclosed | | property tax abatement |
IKEA Property Inc. | Texas | local | 2015 | undisclosed | | grant |
Ikea Property Inc | Tennessee | state | 2021 | undisclosed | | property tax abatement |
Ikea Property Inc | Tennessee | state | 2021 | undisclosed | | property tax abatement |
Ikea Property Inc | Tennessee | state | 2021 | undisclosed | | property tax abatement |
Ikea Property Inc | Tennessee | state | 2022 | undisclosed | | property tax abatement |
Ikea Property Inc | Tennessee | state | 2022 | undisclosed | | property tax abatement |
Ikea Property Inc | Tennessee | state | 2022 | undisclosed | | property tax abatement |