Subsidy Tracker Parent Company Summary

Parent Company Name: 
LG
Ownership Structure: 
publicly traded
Headquartered in: 
South Korea
Major Industry: 
diversified
Specific Industry: 
diversified
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$327,082,71713
Federal (grants and allocated tax credits)$370,887,22423
TOTAL$697,969,94136
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)$5,000,0002
TOTAL$5,000,0002
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 2010.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

The dollar total above adjusts for the fact that there is an overlap between the amount in the Megadeal entry and that of one or more of the other entries. Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

COMPACT POWER; LG; LG Chem; LG Hausys

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.

For an overview of this company's accountability track record, read its Corporate Rap Sheet here.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
Michigan$323,259,0005
Ohio$3,124,6455
Georgia$690,0002
Oregon$9,0721

Individual Subsidy Records:

Download results as CSV or XML
Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
LG Chem-Compact Power Michigan multiple 2009 $198,000,000 MEGADEAL
LG CHEM MICHIGAN INC. United States federal 2017 $151,431,953 federal grant
LG CHEM MICHIGAN INC. United States federal 2010 $151,342,047 federal grant
Compact Power, Inc. Michigan state 2009 $100,000,000 tax credit/rebate
LG Chem Michigan, Inc. Michigan state 2010 $100,000,000 tax credit/rebate
Compact Power, Inc. Michigan state 2009 $25,259,000 tax credit/rebate
LG Chem Michigan, Inc. Michigan state 2010 $25,259,000 tax credit/rebate
LG FUEL CELL SYSTEMS INC. United States federal 2014 $7,405,040 federal grant
LG FUEL CELL SYSTEMS INC. United States federal 2018 $7,405,040 federal grant
LG FUEL CELL SYSTEMS INC. United States federal 2019 $7,405,040 federal grant
LG FUEL CELL SYSTEMS INC. United States federal 2011 $6,144,547 federal grant
LG FUEL CELL SYSTEMS INC. United States federal 2018 $5,696,566 federal grant
LG FUEL CELL SYSTEMS INC. United States federal 2013 $5,100,000 federal grant
LG FUEL CELL SYSTEMS INC. United States federal 2017 $5,078,249 federal grant
LG FUEL CELL SYSTEMS INC. United States federal 2012 $4,625,000 federal grant
LG FUEL CELL SYSTEMS INC. United States federal 2009 $2,500,000 federal grant
LG FUEL CELL SYSTEMS INC. United States federal 2015 $2,500,000 federal grant
LG FUEL CELL SYSTEMS INC. United States federal 2018 $2,500,000 federal grant
LG FUEL CELL SYSTEMS INC. United States federal 2019 $2,500,000 federal grant
LG FUEL CELL SYSTEMS INC. United States federal 2010 $2,004,954 federal grant
LG FUEL CELL SYSTEMS INC. United States federal 2010 $1,287,000 federal grant
LG FUEL CELL SYSTEMS INC. United States federal 2009 $1,233,680 federal grant
LG FUEL CELL SYSTEMS INC. United States federal 2009 $1,227,260 federal grant
LG FUEL CELL SYSTEMS INC. United States federal 2010 $1,000,000 federal grant
LG FUEL CELL SYSTEMS INC. United States federal 2010 $1,000,000 federal grant
LG FUEL CELL SYSTEMS INC Ohio state 2011 $999,875 grant/loan hybrid program
LG FUEL CELL SYSTEMS INC Ohio state 2010 $999,770 grant/loan hybrid program
LG FUEL CELL SYSTEMS INC. United States federal 2019 $970,224 federal grant
LG FUEL CELL SYSTEMS INC Ohio state 2010 $750,000 grant/loan hybrid program
LG Chem Georgia state 2004 $490,000 grant
LG FUEL CELL SYSTEMS INC. United States federal 2009 $485,671 federal grant
LG FUEL CELL SYSTEMS INC Ohio state 2010 $250,000 grant
LG Hausys America Inc. Georgia state 2011 $200,000 grant
LG FUEL CELL SYSTEMS INC Ohio state 2010 $125,000 grant
LG CHEM MICHIGAN INC. United States federal 2010 $44,953 federal grant
LG Electronics USA Inc Oregon state 2010 $9,072 tax credit/rebate
Compact Power Inc. United States federal 2008 $3,000,000 federal loan or loan guarantee
Compact Power Inc. United States federal 2009 $2,000,000 federal loan or loan guarantee
LG ELECTRONICS ALABAMA INC. Texas state 2005 undisclosed enterprise zone
LG ELECTRONICS ALABAMA INC. Texas state 2007 undisclosed enterprise zone
Download results as CSV or XML