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Subsidy Tracker Parent Company Summary

Parent Company Name: New Balance
Ownership Structure: privately held
Headquartered in: Massachusetts
Major Industry: apparel
Specific Industry: apparel
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$1,943,68412
Federal (grants and allocated tax credits)$00
TOTAL$1,943,68412
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)$00
TOTAL$00
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 2014.
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 awardsTotal Subsidy $Number of Awards
Maine$1,043,68411
Massachusetts$900,0001

Individual Subsidy Records:

Click on the company name for more information on each subsidy award.

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CompanyLocationSubsidy SourceYearSubsidy Value sort icon . Loan/Bailout ValueType of Subsidy
New Balance Athletics, Inc.Massachusettsstate2019$900,000tax credit/rebate
NEW BALANCE ATHLETIC SHOE INCMainestate2009$144,495property tax abatement
NEW BALANCE ATHLETIC SHOE INCMainestate2012$122,247property tax abatement
NEW BALANCE ATHLETIC SHOE INCMainestate2010$120,507property tax abatement
NEW BALANCE ATHLETIC SHOE INCMainestate2013$115,275property tax abatement
NEW BALANCE ATHLETIC SHOE INC Mainestate2014$94,013property tax abatement
NEW BALANCE ATHLETIC SHOE INCMainestate2011$92,765property tax abatement
NEW BALANCE ATHLETICS INC Mainestate2016$91,545property tax abatement
NEW BALANCE ATHLETIC SHOE INC Mainestate2015$85,305property tax abatement
NEW BALANCE ATHLETICS INCMainestate2017$79,058property tax abatement
NEW BALANCE ATHLETICS INCMainestate2018$49,237property tax abatement
NEW BALANCE ATHLETICS INCMainestate2019$49,237property tax abatement
New Balance Athletic Shoe, Inc.Massachusettsstate1995undisclosedtax credit/rebate
New Balance Athletic Shoe, Inc.Mainestate2014undisclosedtax credit/rebate
New Balance Athletic Shoe, Inc.Mainestate2014undisclosedenterprise zone
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