Subsidy Tracker Parent Company Summary

Parent Company Name: 
Nippon Steel & Sumitomo Metal
Ownership Structure: 
publicly traded
Headquartered in: 
Japan
Major Industry: 
metals
Specific Industry: 
steel
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$5,819,19518
Federal (grants and allocated tax credits)$00
TOTAL$5,819,19518
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$3,000,0003
Federal loans, loan guarantees and bailout assistance (not including repayments)$00
TOTAL$3,000,0003
Time Period for State and Local Awards: 

Earliest year of data: 2000. 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 2012.

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: 

INTL CRANKSHAFT; NIPPON STEEL; NIPPON STEEL AND SUMIKIN COLD HEADING WIRE INDIANA; SEYMOUR TUBING; STANDARD STEEL; SUMITOMO METAL MINING USA

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
Kentucky$4,328,2005
Indiana$805,0004
Pennsylvania$615,5296
California$50,6841
Ohio$19,7822

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 Valuesort icon Loan/Bailout Value Type of Subsidy
International Crankshaft Inc. Kentucky state 2017 $2,500,000 tax credit/rebate
International Crankshaft, Inc. Kentucky state 2008 $1,250,000 tax credit/rebate
Nippon Steel & Sumikin Cold Heading Wire Indiana, Inc. Indiana state 2017 $475,000 tax credit/rebate
International Crankshaft, Inc. Kentucky state 2006 $403,200 tax credit/rebate
Standard Steel Pennsylvania state $200,000 training reimbursement
International Crankshaft, Inc. Kentucky state 2013 $150,000 tax credit/rebate
Nippon Steel & Sumikin Cold Heading Wire Indiana, Inc. Indiana state 2017 $140,000 training reimbursement
Standard Steel, Inc. Pennsylvania state 2015 $109,190 tax credit/rebate
Standard Steel LLC Pennsylvania state $100,000 grant
Seymour Tubing, Inc. Indiana state 2014 $100,000 training reimbursement
Seymour Tubing, Inc Indiana state 2012 $90,000 training reimbursement
Standard Steel, Inc. Pennsylvania state 2016 $81,339 tax credit/rebate
Standard Steel Specialty Company Pennsylvania state $75,000 grant
SUMITOMO METAL MINING USA, INC. California state 2003 $50,684 training reimbursement
Standard Steel Pennsylvania state $50,000 training reimbursement
International Crankshaft Inc. Kentucky state 2015 $25,000 training reimbursement
NIPPON STEEL & SUMIKIN CRANKSHAFT LLC Ohio state 2015 $17,035 grant
NIPPON STEEL & SUMIKIN CRANKSHAFT LLC Ohio state 2014 $2,747 grant
Standard Steel, LLC Pennsylvania state $1,250,000 loan or bond financing
Standard Steel, LLC Pennsylvania state $1,250,000 loan or bond financing
Standard Steel Specialty Company Pennsylvania state $500,000 loan or bond financing
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