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Subsidy Tracker Parent Company Summary
Parent Company Name: Lincoln Electric Holdings
Ownership Structure: publicly traded (ticker symbol LECO)
Headquartered in: Ohio
Major Industry: industrial equipment
Specific Industry: industrial equipment
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $11,951,637 | 26 |
Federal (grants and allocated tax credits) | $1,906,036 | 1 |
TOTAL | $13,857,673 | 27 |
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) | $10,300,000 | 7 |
TOTAL | $10,300,000 | 7 |
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 |
Ohio | $11,246,165 | 13 |
Nevada | $509,505 | 3 |
Colorado | $171,967 | 6 |
Alabama | $24,000 | 4 |
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 |
Lincoln Electric Company | Ohio | state | 2012 | $9,000,000 | | tax credit/rebate |
The Lincoln Electric Company | United States | federal | 2011 | $1,906,036 | | federal grant |
LINCOLN ELECTRIC CO | Ohio | state | 2012 | $1,000,000 | | grant |
Wayne Trail Technologies Inc | Ohio | state | 2017 | $318,000 | | tax credit/rebate |
Torchmate, Inc | Nevada | state | 2012 | $287,567 | | tax credit/rebate |
LINCOLN ELECTRIC CO | Ohio | state | 2012 | $250,000 | | grant |
Torchmate, Inc | Nevada | state | 2012 | $195,797 | | tax credit/rebate |
Wayne Trail Technologies, Inc. | Ohio | state | 2009 | $181,444 | | tax credit/rebate |
LINCOLN ELECTRIC CO | Ohio | state | 2013 | $127,027 | | training reimbursement |
Rimrock Corporation | Ohio | state | 2011 | $90,140 | | tax credit/rebate |
LINCOLN ELECTRIC CO | Ohio | state | 2009 | $75,000 | | grant |
J W HARRIS CO INC | Ohio | state | 2012 | $75,000 | | grant |
LINCOLN ELECTRIC CO | Ohio | state | 2010 | $75,000 | | grant |
Wolf Robotics, LLC | Colorado | state | 2017 | $48,000 | | training reimbursement |
Wolf Robotics, LLC | Colorado | state | 2014 | $41,450 | | training reimbursement |
Wolf Robotics, LLC | Colorado | state | 2011 | $36,047 | | training reimbursement |
Torchmate, Inc | Nevada | state | 2012 | $26,141 | | tax credit/rebate |
LINCOLN ELECTRIC CO | Ohio | state | 2014 | $25,869 | | grant |
Wolf Robotics, LLC | Colorado | state | 2013 | $23,760 | | training reimbursement |
WAYNE TRAIL TECHNOLOGIES | Ohio | state | 2010 | $22,000 | | grant |
Wolf Robotics, LLC | Colorado | state | 2016 | $18,779 | | training reimbursement |
LINCOLN ELECTRIC CO | Ohio | state | 2018 | $6,685 | | training reimbursement |
The Lincoln Electric Company | Alabama | state | 2013 | $6,000 | | cost reimbursement |
The Lincoln Electric Company | Alabama | state | 2013 | $6,000 | | cost reimbursement |
The Lincoln Electric Company | Alabama | state | 2013 | $6,000 | | cost reimbursement |
The Lincoln Electric Company | Alabama | state | 2013 | $6,000 | | cost reimbursement |
Wolf Robotics, LLC | Colorado | state | 2015 | $3,931 | | training reimbursement |
Wayne Trail Technologies, Inc. | United States | federal | 2008 | | $2,000,000 | federal loan or loan guarantee |
Wayne Trail Technologies, Inc. | United States | federal | 2009 | | $2,000,000 | federal loan or loan guarantee |
Easom Automation Systems, Inc. | United States | federal | 2012 | | $1,800,000 | federal loan or loan guarantee |
Wayne Trail Technologies, Inc. | United States | federal | 2011 | | $1,500,000 | federal loan or loan guarantee |
Wayne Trail Technologies, Inc. | United States | federal | 2012 | | $1,500,000 | federal loan or loan guarantee |
Wayne Trail Technologies, Inc. | United States | federal | 2010 | | $1,000,000 | federal loan or loan guarantee |
Wayne Trail Technologies, Inc. | United States | federal | 2011 | | $500,000 | federal loan or loan guarantee |
EASOM AUTOMATION SYSTEMS INC | Michigan | local | 2004 | undisclosed | | property tax abatement |
EASOM AUTOMATION SYSTEMS INC | Michigan | local | 2004 | undisclosed | | property tax abatement |
J. W. Harris Co., Inc. | Ohio | state | 1998 | undisclosed | | tax credit/rebate |
Rimrock Corporation | Ohio | state | 2004 | undisclosed | | tax credit/rebate |
Rimrock Corporation | Ohio | local | 2004 | undisclosed | | tax credit/rebate |
Wayne Trail Technologies, Inc. | Ohio | state | 2017 | undisclosed | | enterprise zone |