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Subsidy Tracker Parent Company Summary
Parent Company Name: Laboratory Corp. of America
Ownership Structure: publicly traded (ticker symbol LH)
Headquartered in: North Carolina
Major Industry: healthcare services
Specific Industry: healthcare services
| Subsidy Summary | Subsidy Value | Number of Awards |
| State/Local | $33,302,568 | 35 |
| Federal (grants and allocated tax credits) | $0 | 0 |
| TOTAL | $33,302,568 | 35 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $673,000 | 2 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
| TOTAL | $673,000 | 2 |
Time Period for State and Local Awards: Earliest year of data: 1996. 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 2011.
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 |
| North Carolina | $11,865,862 | 9 |
| Indiana | $10,100,000 | 6 |
| Alabama | $3,050,000 | 1 |
| Michigan | $2,802,081 | 2 |
| Virginia | $2,500,000 | 2 |
| All other | $2,984,625 | 15 |
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 |
| Laboratory Corporation of America Holdings | North Carolina | state | 2018 | $8,172,750 | | grant |
| Covance Laboratories Inc. | Indiana | state | 2012 | $4,050,000 | | tax credit/rebate |
| Laboratory Corporation of America Holdings | Alabama | local | 2017 | $3,050,000 | | grant |
| Covance Laboratories Inc. | Indiana | state | 2009 | $3,000,000 | | tax credit/rebate |
| Covance | Michigan | state | 2010 | $2,800,000 | | tax credit/rebate |
| Sequenom Center for Molecular Medicine, LLC | North Carolina | state | 2011 | $2,355,750 | | grant |
| Covance Laboratories Inc. | Indiana | state | 2012 | $2,250,000 | | tax credit/rebate |
| Covance | Virginia | state | 2007 | $1,500,000 | | grant |
| Covance | Virginia | state | 2008 | $1,000,000 | | grant |
| Covance, Inc. | New Jersey | state | 1997 | $974,400 | | grant |
| LabCorp | North Carolina | local | 2010 | $552,000 | | grant |
| COVANCE GENOMICS LABRATORY LLC | Washington | state | 2010 | $380,734 | | tax credit/rebate |
| Covance Laboratories Inc. | Indiana | state | 2009 | $370,000 | | tax credit/rebate |
| COVANCE GENOMICS LABORATORY LLC | Washington | state | 2009 | $350,315 | | tax credit/rebate |
| Laboratory Corporation of America H | North Carolina | state | 2012 | $275,000 | | grant |
| COVANCE GENOMICS LABRATORY LLC | Washington | state | 2012 | $266,802 | | tax credit/rebate |
| COVANCE GENOMICS LABRATORY LLC | Washington | state | 2013 | $261,005 | | tax credit/rebate |
| COVANCE GENOMICS LABRATORY LLC | Washington | state | 2011 | $243,326 | | tax credit/rebate |
| Covance Laboratories Inc. | Indiana | state | 2011 | $230,000 | | training reimbursement |
| Laboratory Corporation of America | North Carolina | state | 2015 | $216,014 | | tax credit/rebate |
| Covance Laboratories Inc. | Indiana | state | 2012 | $200,000 | | training reimbursement |
| Laboratory Corporation of America Holding | North Carolina | state | 2008 | $129,437 | | tax credit/rebate |
| Laboratory Corporation of America Holdings | North Carolina | state | 2016 | $125,627 | | tax credit/rebate |
| Laboratory Corporation of America Holdings | Arizona | state | 2015 | $123,000 | | tax credit/rebate |
| Covance Health | Maryland | local | | $100,000 | | grant/loan hybrid program |
| Laboratory Corporation of America Holdings | Arizona | state | 2016 | $81,000 | | tax credit/rebate |
| Laboratory Corporation of America | Arizona | state | 2014 | $69,000 | | training reimbursement |
| Covance, Inc. | Pennsylvania | state | | $66,000 | | tax credit/rebate |
| Laboratory Corporation of America | Arizona | state | 2017 | $48,000 | | tax credit/rebate |
| Sequenom, Inc. | North Carolina | state | 2015 | $23,439 | | tax credit/rebate |
| COVANCE GENOMICS LABRATORY LLC | Washington | state | 2014 | $17,421 | | tax credit/rebate |
| Sequenom, Inc. | North Carolina | state | 2016 | $15,845 | | tax credit/rebate |
| Sequenom | Michigan | local | 2008 | $2,081 | | property tax abatement |
| COVANCE GENOMICS LABRATORY LLC | Washington | state | 2010 | $1,811 | | tax credit/rebate |
| COVANCE GENOMICS LABRATORY LLC | Washington | state | 2012 | $1,811 | | tax credit/rebate |
| Labcorp | North Carolina | local | 2008 | | $373,000 | loan or bond financing |
| Sequenom | Michigan | state | 2007 | | $300,000 | loan or bond financing |
| Covance CRU Inc. (Radiant Research) | Hawaii | state | 2007 | undisclosed | | enterprise zone |
| COVANCE LABORATORIES INC | Michigan | local | 2010 | undisclosed | | property tax abatement |
| Laboratory Corporation of America, Inc. | Arizona | state | 2010 | undisclosed | | enterprise zone |
| ESOTERIX GENETIC LABORATORIES LLC | California | local | 2012 | undisclosed | | tax credit/rebate |
| Covance CRU Inc. (Radiant Research) | Hawaii | state | 2012 | undisclosed | | enterprise zone |
| Covance Laboratories, Inc. | Michigan | local | 2010 | undisclosed | | property tax abatement |
