Basic Search
|
Geographic Searches
|
Advanced Search |
Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: Nemak
Ownership Structure: publicly traded
Headquartered in: Mexico
Major Industry: automotive parts
Specific Industry: aluminum components for motor vehicles
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $5,680,714 | 13 |
Federal (grants and allocated tax credits) | $0 | 0 |
TOTAL | $5,680,714 | 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) | $0 | 0 |
TOTAL | $0 | 0 |
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 |
Kentucky | $5,016,000 | 3 |
Wisconsin | $500,000 | 1 |
Alabama | $164,714 | 9 |
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 |
Nemak USA Inc. | Kentucky | state | 2021 | $2,500,000 | | tax credit/rebate |
Nemak USA Inc. | Kentucky | state | 2023 | $2,500,000 | | tax credit/rebate |
Nemak USA Inc. | Wisconsin | state | 2022 | $500,000 | | tax credit/rebate |
Nemak USA, Inc. | Alabama | state | 2009 | $28,630 | | cost reimbursement |
Nemak USA, Inc. | Alabama | state | 2009 | $23,254 | | cost reimbursement |
Nemak USA, Inc. | Alabama | state | 2010 | $22,904 | | cost reimbursement |
Nemak USA, Inc. | Alabama | state | 2010 | $22,904 | | cost reimbursement |
Nemak USA, Inc. | Alabama | state | 2010 | $22,904 | | cost reimbursement |
Nemak USA, Inc. | Alabama | state | 2010 | $20,614 | | cost reimbursement |
Nemak USA Inc. | Kentucky | state | 2015 | $16,000 | | training reimbursement |
Nemak USA, Inc. | Alabama | state | 2009 | $14,326 | | cost reimbursement |
Nemak USA, Inc. | Alabama | state | 2009 | $4,737 | | cost reimbursement |
Nemak USA, Inc. | Alabama | state | 2009 | $4,441 | | cost reimbursement |
NEMAK USA INC | Tennessee | Local | 2019 | undisclosed | | property tax abatement |
NEMAK USA INC | Tennessee | Local | 2020 | undisclosed | | property tax abatement |
Nemak Usa Inc | Tennessee | state | 2021 | undisclosed | | property tax abatement |
Nemak Usa Inc | Tennessee | state | 2022 | undisclosed | | property tax abatement |