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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 | $40,161,832 | 29 |
Federal (grants and allocated tax credits) | $5,773,013 | 2 |
TOTAL | $45,934,845 | 31 |
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: 2004. 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 2012.
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 | $5,033,826 | 9 |
Florida | $1,972,500 | 4 |
Illinois | $1,046,935 | 1 |
All other | $1,115,341 | 7 |
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 |
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 | 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 |