Subsidy Tracker Parent Company Summary
Parent Company Name:
New Balance
Ownership Structure:
privately held
Headquartered in:
Massachusetts
Major Industry:
apparel
Specific Industry:
apparel
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $853,665 | 8 |
| Federal (grants and allocated tax credits) | $0 | 0 |
| TOTAL | $853,665 | 8 |
| 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 State and Local Awards:
Earliest year of data: 1995. 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 2013.
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:
NEW BALANCE; NEW BALANCE ATHLETICS INC
Links:
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| Maine | $853,665 | 8 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| NEW BALANCE ATHLETIC SHOE INC | Maine | state | 2009 | $144,495 | property tax abatement | |
| NEW BALANCE ATHLETIC SHOE INC | Maine | state | 2012 | $122,247 | property tax abatement | |
| NEW BALANCE ATHLETIC SHOE INC | Maine | state | 2010 | $120,507 | property tax abatement | |
| NEW BALANCE ATHLETIC SHOE INC | Maine | state | 2013 | $115,275 | property tax abatement | |
| NEW BALANCE ATHLETIC SHOE INC | Maine | state | 2014 | $94,013 | property tax abatement | |
| NEW BALANCE ATHLETIC SHOE INC | Maine | state | 2011 | $92,765 | property tax abatement | |
| NEW BALANCE ATHLETIC SHOE INC | Maine | state | 2015 | $85,305 | property tax abatement | |
| NEW BALANCE ATHLETICS INC | Maine | state | 2017 | $79,058 | property tax abatement | |
| New Balance Athletic Shoe, Inc. | Massachusetts | state | 1995 | undisclosed | tax credit/rebate | |
| New Balance Athletic Shoe, Inc. | Maine | state | 2014 | undisclosed | tax credit/rebate | |
| New Balance Athletic Shoe, Inc. | Maine | state | 2014 | undisclosed | enterprise zone |
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