Subsidy Tracker Parent Company Summary

Parent Company Name: 
Michelin
Ownership Structure: 
publicly traded
Headquartered in: 
France
Major Industry: 
automotive parts
Specific Industry: 
automotive parts-tires
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$623,076,35253
Federal (grants and allocated tax credits)$2,000,0003
TOTAL$625,076,35256
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$10,000,0001
Federal loans, loan guarantees and bailout assistance (not including repayments)$00
TOTAL$10,000,0001
Time Period for State and Local Awards: 

Earliest year of data: 1993. 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.

Associated Names: 

AMERICAN SYNTHETIC RUBBER; MICHELIN; UNIROYAL / BF GOODRICH TIRE MFG; UNIROYAL GOODRICH TIRE

Links: 

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


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
Indiana$471,756,57726
South Carolina$135,455,15914
Kentucky$14,221,1005
North Carolina$1,482,0035
Alabama$150,0001
All other$11,5132

Individual Subsidy Records:

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Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
MICHELIN NORTH AMERICA INC Indiana local 2003 $406,396,202 MEGADEAL
Michelin South Carolina multiple 2012 $123,300,000 MEGADEAL
MICHELIN NORTH AMERICA INC Indiana local 2017 $57,401,390 property tax abatement
MICHELIN NORTH AMERICA INC Indiana local 2016 $52,129,510 property tax abatement
MICHELIN NORTH AMERICA INC/BF GOODRICH TIRE MFG Indiana local 2014 $51,366,820 property tax abatement
MICHELIN NORTH AMERICA INC/BF GOODRICH TIRE MFG Indiana local 2015 $49,697,620 property tax abatement
MICHELIN NORTH AMERICA INC/BF GOODRICH TIRE MFG Indiana local 2012 $30,393,670 property tax abatement
MICHELIN NORTH AMERICA INC/BF GOODRICH TIRE MF Indiana local 2013 $30,130,740 property tax abatement
MICHELIN NORTH AMERICA INC Indiana local 2006 $28,705,580 property tax abatement
MICHELIN NORTH AMERICA INC Indiana local 2009 $28,288,870 property tax abatement
MICHELIN NORTH AMERICA INC Indiana local 2008 $27,376,210 property tax abatement
MICHELIN NORTH AMERICA INC/BF GOODRICH TIRE MFG Indiana local 2011 $27,306,100 property tax abatement
MICHELIN NORTH AMERICA INC Indiana local 2007 $27,037,920 property tax abatement
MICHELIN NORTH AMERICA INC Indiana local 2010 $26,705,090 property tax abatement
MICHELIN NORTH AMERICA INC TAX DEPT Indiana local 2005 $10,274,740 property tax abatement
MICHELIN NORTH AMERICA INC TAX DEPT Indiana local 2003 $9,873,850 property tax abatement
Michelin North America, Inc. South Carolina state 2012 $7,600,000 grant
MICHELIN NORTH AMERICA INC TAX DEPT Indiana local 2004 $7,109,482 property tax abatement
Michelin North America, Inc. Kentucky state 2011 $7,000,000 tax credit/rebate
Michelin North America, Inc. Kentucky state 2013 $7,000,000 tax credit/rebate
UNIROYAL /BF GOODRICH TIRE MFG Indiana local 2014 $1,622,985 property tax abatement
UNIROYAL /BF GOODRICH TIRE MFG Indiana local 2015 $1,587,395 property tax abatement
Michelin North America, Inc. South Carolina state 2012 $1,500,000 grant
Michelin North America, Inc. South Carolina state 2013 $1,500,000 grant
UNIROYAL /BF GOODRICH TIRE MFG Indiana local 2016 $1,357,490 property tax abatement
UNIROYAL GOODRICH TIRE Indiana local 2017 $1,068,645 property tax abatement
Michelin Tire - Sandy Springs South Carolina state 2011 $845,283 training reimbursement
Michelin North America, Inc. United States federal 2008 $666,667 federal grant
Michelin North America, Inc. United States federal 2007 $666,667 federal grant
Michelin North America, Inc. United States federal 2009 $666,666 federal grant
Michelin North America, inc. North Carolina state 2011 $620,000 grant
UNIROYAL/BF GOODRICH TIRE MANUFACTURING Indiana local 2012 $504,310 property tax abatement
UNIROYAL /BF GOODRICH TIRE MFG Indiana local 2013 $503,160 property tax abatement
Michelin North America, Inc. North Carolina state 2012 $500,000 tax credit/rebate
Michelin North America, Inc. Indiana state 2009 $500,000 tax credit/rebate
MICHELIN TIRE-LEXINGTON South Carolina state 2006 $268,777 training reimbursement
Michelin North America, Inc. Indiana state 2009 $265,000 tax credit/rebate
Michelin North America, Inc. Indiana state 2011 $250,000 training reimbursement
Michelin North America, Inc. Indiana state 2017 $200,000 training reimbursement
Michelin North America, Inc. North Carolina state 2015 $168,260 tax credit/rebate
Michelin North America, Inc. Alabama state 2009 $150,000 grant
Michelin Tire Spartanburg South Carolina state $120,294 training reimbursement
Michelin North America, Inc. North Carolina state 2016 $101,414 tax credit/rebate
American Synthetic Rubber Company, LLC Kentucky state 2006 $100,000 training reimbursement
American Synthetic Rubber Company Kentucky state 2009 $100,000 training reimbursement
Michelin North America, Inc. Indiana state 2006 $100,000 training reimbursement
Michelin, North America - Greenville South Carolina state 2011 $92,440 training reimbursement
Michelin North America, Inc. North Carolina state 2013 $92,329 tax credit/rebate
MICHELIN - SANDY SPRINGS South Carolina state 2010 $69,244 training reimbursement
Michelin US 8 South Carolina state 2013 $53,667 training reimbursement
Michelin Tire South Carolina state 2013 $47,506 training reimbursement
Michelin Tire-Lexington US 7 South Carolina state 2011 $28,854 training reimbursement
Michelin Tire-Lexington US 5 South Carolina state 2011 $24,656 training reimbursement
American Synthetic Rubber Company, LLC Kentucky state 2009 $21,100 training reimbursement
Michelin North America Oklahoma state 2009 $7,111 training reimbursement
Michelin US 10 South Carolina state 2013 $4,438 training reimbursement
MICHELIN NORTH AMERICA INC. Maine state 2011 $4,402 property tax abatement
Michelin North America, Inc. Oklahoma state 2013 $10,000,000 industrial revenue bond
MICHELIN TIRE CORPORATION Michigan local 1993 undisclosed property tax abatement
Michelin North America, Inc. South Carolina state 2007 undisclosed tax credit/rebate
Michelin North America, Inc. South Carolina state 2005 undisclosed tax credit/rebate
Michelin Americas Research & Dev. Corp. South Carolina state 2006 undisclosed tax credit/rebate
Michelin North America, Inc. South Carolina state 2006 undisclosed tax credit/rebate
Michelin North America, Inc. South Carolina state 2006 undisclosed tax credit/rebate
Michelin North America, Inc. South Carolina state 2006 undisclosed tax credit/rebate
Michelin North America, Inc. South Carolina state 2006 undisclosed tax credit/rebate
Michelin North America, Inc. South Carolina state 2011 undisclosed tax credit/rebate
Michelin North America, Inc. South Carolina state 2011 undisclosed tax credit/rebate
Michelin North America, Inc. South Carolina state 2012 undisclosed tax credit/rebate
Michelin North America, Inc. South Carolina state 2012 undisclosed tax credit/rebate
Michelin North America, Inc. South Carolina state 2012 undisclosed tax credit/rebate
Michelin North America, Inc. South Carolina state 2012 undisclosed tax credit/rebate
Michelin North America, Inc. South Carolina state 2012 undisclosed tax credit/rebate
Michelin North America, Inc. South Carolina state 2014 undisclosed tax credit/rebate
Michelin North America, Inc. South Carolina state 2014 undisclosed tax credit/rebate
Michelin North America, Inc. South Carolina state 2015 undisclosed tax credit/rebate
Michelin North America, Inc. South Carolina state 2016 undisclosed tax credit/rebate
Michelin North America, Inc. South Carolina state 2016 undisclosed tax credit/rebate
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