Subsidy Tracker Parent Company Summary
Parent Company Name:
Komatsu
Ownership Structure:
publicly traded
Headquartered in:
Japan
Major Industry:
heavy equipment
Specific Industry:
construction equipment
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $6,149,278 | 13 |
| Federal (grants and allocated tax credits) | $0 | 0 |
| TOTAL | $6,149,278 | 13 |
| 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) | $757,605,159 | 20 |
| TOTAL | $757,605,159 | 20 |
Time Period for State and Local Awards:
Earliest year of data: 2002. 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.
Associated Names:
GOODMAN CONVEYOR; JOY GLOBAL; JOY MINING MACHINERY; JOY TECH; KOMATSU; KOMATSU AMERICA AND QUADPROTEK; MODULAR MINING SYS; P AND H MINING EQ
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 |
|---|---|---|
| Kentucky | $4,665,804 | 3 |
| Pennsylvania | $860,347 | 5 |
| Arizona | $616,714 | 3 |
| Utah | $6,413 | 2 |
Individual Subsidy Records:
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| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| Joy Technologies Inc. D/B/A Joy Mining Machinery | Kentucky | state | 2005 | $4,600,000 | tax credit/rebate | |
| Joy Technologies, Inc. | Pennsylvania | state | 2013 | $272,199 | tax credit/rebate | |
| Joy Global, Inc. | Pennsylvania | state | 2016 | $262,377 | tax credit/rebate | |
| Modular Mining Systems, Inc. | Arizona | state | 2004 | $234,643 | training reimbursement | |
| Modular Mining Systems, Inc. | Arizona | state | 2002 | $231,676 | training reimbursement | |
| Joy Global, Inc. | Pennsylvania | state | 2014 | $151,894 | tax credit/rebate | |
| Modular Mining Systems, Inc. | Arizona | state | 2007 | $150,395 | training reimbursement | |
| Joy Technologies, Inc. | Pennsylvania | state | 2012 | $134,232 | tax credit/rebate | |
| Joy Mining Machinery | Kentucky | state | 2005 | $45,500 | training reimbursement | |
| Joy Global, Inc. | Pennsylvania | state | 2015 | $39,645 | tax credit/rebate | |
| Joy Global Underground Mining LLC | Kentucky | state | 2016 | $20,304 | training reimbursement | |
| JOY MINING MACHINERY | Utah | state | 2009 | $4,489 | training reimbursement | |
| JOY MINING MACHINERY | Utah | state | 2010 | $1,924 | training reimbursement | |
| Komatsu America Corp | United States | federal | 2013 | $340,524,875 | federal loan or loan guarantee | |
| Komatsu America Corp | United States | federal | 2013 | $120,185,250 | federal loan or loan guarantee | |
| P&H Mining Equipment Inc | United States | federal | 2012 | $76,000,000 | federal loan or loan guarantee | |
| P&H Mining Equipment Inc | United States | federal | 2012 | $48,987,833 | federal loan or loan guarantee | |
| Komatsu America Corp | United States | federal | 2013 | $33,855,000 | federal loan or loan guarantee | |
| Komatsu America Corporation | United States | federal | 2015 | $31,265,041 | federal loan or loan guarantee | |
| P&H Mining Equipment Inc | United States | federal | 2010 | $21,270,505 | federal loan or loan guarantee | |
| P&H Mining Equipment Inc | United States | federal | 2010 | $21,270,505 | federal loan or loan guarantee | |
| P&H Mining Equipment Inc | United States | federal | 2012 | $17,289,824 | federal loan or loan guarantee | |
| P&H Mining Equipment Inc | United States | federal | 2014 | $14,685,041 | federal loan or loan guarantee | |
| Komatsu America Corporation | United States | federal | 2015 | $11,844,392 | federal loan or loan guarantee | |
| Joy Technologies, Inc. | United States | federal | 2009 | $8,067,777 | federal loan or loan guarantee | |
| P&H Mining Equipment, Inc. | United States | federal | 2010 | $4,327,350 | federal loan or loan guarantee | |
| P&H Mining Equipment Inc | United States | federal | 2014 | $4,031,766 | federal loan or loan guarantee | |
| Goodman Conveyor Company | United States | federal | 2011 | $750,000 | federal loan or loan guarantee | |
| Goodman Conveyor Company | United States | federal | 2010 | $750,000 | federal loan or loan guarantee | |
| Goodman Conveyor Company | United States | federal | 2009 | $750,000 | federal loan or loan guarantee | |
| Goodman Conveyor Company | United States | federal | 2012 | $750,000 | federal loan or loan guarantee | |
| Goodman Conveyor Company | United States | federal | 2008 | $500,000 | federal loan or loan guarantee | |
| Goodman Conveyor Company | United States | federal | 2007 | $500,000 | federal loan or loan guarantee | |
| Komatsu America Corporation | South Carolina | state | 2011 | undisclosed | tax credit/rebate | |
| Komatsu America & Quadprotek | Tennessee | local | 2016 | undisclosed | property tax abatement | |
| Komatsu America & Quadprotek | Tennessee | local | 2016 | undisclosed | property tax abatement | |
| Komatsu America & Quadprotek | Tennessee | local | 2016 | undisclosed | property tax abatement |
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