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Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: Nucor
Ownership Structure: publicly traded (ticker symbol NUE)
Headquartered in: North Carolina
Major Industry: metals
Specific Industry: steel
| Subsidy Summary | Subsidy Value | Number of Awards |
| State/Local | $2,538,704,578 | 136 |
| Federal (grants and allocated tax credits) | $56,545 | 3 |
| TOTAL | $2,538,761,123 | 139 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $15,000,000 | 1 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $643,650,000 | 6 |
| TOTAL | $658,650,000 | 7 |
Time Period for State and Local Awards: Earliest year of data: 1994. 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: The dollar total above adjusts for the fact that there is an overlap between the amount in the Megadeal entry and that of one or more of the other entries. 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 |
| West Virginia | $1,700,000,000 | 1 |
| Louisiana | $255,000,000 | 2 |
| Kentucky | $175,874,999 | 21 |
| North Carolina | $164,706,000 | 2 |
| Alabama | $85,000,000 | 1 |
| All other | $158,123,579 | 109 |
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 |
| Nucor | West Virginia | state | 2022 | $1,700,000,000 | | MEGADEAL  |
| Nucor | Louisiana | multiple | 2010 | $255,000,000 | | MEGADEAL |
| Nucor | North Carolina | state | 1998 | $161,000,000 | | MEGADEAL |
| Gallatin Steel | Kentucky | state | 1994 | $145,300,000 | | MEGADEAL |
| Gallatin Steel Company | Kentucky | state | 1994 | $140,000,000 | | tax credit/rebate |
| Trico Steel (now owned by Nucor) | Alabama | multiple | 1995 | $85,000,000 | | MEGADEAL (Archived) |
| NUCOR STEEL AUBURN, INC. | New York | state | 2001 | $18,066,880 | | enterprise zone |
| Nucor Steel Louisiana LLC | Louisiana | state | 2012 | $17,803,782 | | tax credit/rebate |
| NUCOR-YAMATO STEEL COMPANY | Arkansas | state | | $12,779,853 | | tax credit/rebate |
| Nucor Corporation | Nebraska | state | 2023 | $12,751,281 | | tax rebate |
| Nucor Corporation | Kentucky | state | 2019 | $10,000,000 | | tax credit/rebate |
| NUCOR STEEL AUBURN, INC. | New York | state | 2002 | $7,791,880 | | enterprise zone |
| Republic Conduit Manufacturing | Kentucky | state | 2006 | $7,500,000 | | tax credit/rebate |
| NUCOR CORPORATION | Arkansas | state | | $6,926,760 | | tax credit/rebate |
| Nucor Steel Auburn Inc. | New York | state | 2006 | $6,130,000 | | enterprise zone |
| NUCOR STEEL AUBURN Inc. | New York | state | 2007 | $5,800,000 | | enterprise zone |
| NUCOR STEEL AUBURN, INC. | New York | state | 2005 | $5,309,000 | | enterprise zone |
| Nucor Corporation | Missouri | state | 2021 | $5,095,035 | | tax credit/rebate |
| Nucor Steel Gallatin LLC | Kentucky | state | 2019 | $5,000,000 | | tax credit/rebate |
| Nucor | Tennessee | local | 2012 | $4,835,184 | | property tax abatement |
| NUCOR STEEL AUBURN, INC. | New York | state | 2004 | $4,773,880 | | enterprise zone |
| NUCOR-YAMATO STEEL COMPANY | Arkansas | state | 2010 | $4,636,682 | | tax credit/rebate |
| Nucor | Tennessee | local | 2012 | $4,602,668 | | property tax abatement |
| NUCOR-YAMATO STEEL COMPANY | Arkansas | state | 2010 | $3,854,572 | | tax credit/rebate |
| Nucor Corporation | North Carolina | state | 2022 | $3,706,000 | | grant |
| Nucor Steel Florida Inc. | Florida | state | 2019 | $3,290,000 | | tax credit/rebate |
| NUCOR STEEL | Tennessee | local | 2009 | $2,786,374 | | property tax abatement |
| NUCOR CASTRIP ARKANSAS LLC | Arkansas | state | 2010 | $2,728,873 | | tax credit/rebate |
| NUCOR STEEL | Arkansas | state | 2010 | $2,501,937 | | tax credit/rebate |
| NUCOR STEEL MEMPHIS INC | Tennessee | local | 2010 | $2,372,399 | | property tax abatement |
| NUCOR STEEL | Arkansas | state | 2010 | $2,301,555 | | tax credit/rebate |
| Nucor Tubular Products Inc. | Kentucky | state | 2021 | $2,250,000 | | tax credit/rebate |
| Nucor Corporation | Indiana | state | 2022 | $2,150,000 | | tax credit/rebate |
| NUCOR STEEL AUBURN, INC. | New York | state | 2008 | $2,100,000 | | enterprise zone |
| NUCOR STEEL MEMPHIS INC | Tennessee | local | 2011 | $1,992,051 | | property tax abatement |
| NUCOR STEEL AUBURN, INC. | New York | state | 2003 | $1,866,120 | | enterprise zone |
| NUCOR STEEL MEMPHIS INC | Tennessee | local | 2012 | $1,581,372 | | property tax abatement |
| NUCOR STEEL MEMPHIS INC | Tennessee | local | 2013 | $1,309,960 | | property tax abatement |
| Nucor Corporation | Missouri | state | 2020 | $1,250,435 | | tax credit/rebate |
| Nucor Corporation | Arkansas | state | 2020 | $1,250,000 | | grant |
| Nucor Steel Florida Inc. | Florida | state | 2019 | $1,128,000 | | tax credit/rebate |
| Nucor Steel | New York | local | 2020 | $1,055,250 | | tax credit/rebate |
| Nucor Steel | New York | local | 2015 | $1,047,559 | | tax credit/rebate |
| Nucor Steel | New York | local | 2019 | $1,046,132 | | tax credit/rebate |
| Nucor Steel | New York | local | 2017 | $1,035,637 | | tax credit/rebate |
| Nucor Steel | New York | Local | 2018 | $1,028,102 | | tax credit/rebate |
| Nucor Steel | New York | local | 2016 | $1,020,550 | | tax credit/rebate |
| Nucor Steel | New York | local | 2014 | $1,004,304 | | tax credit/rebate |
| Nucor Steel Gallatin LLC | Kentucky | state | 2017 | $1,000,000 | | tax credit/rebate |
| Nucor Steel Gallatin LLC | Kentucky | state | 2019 | $1,000,000 | | tax credit/rebate |
| NUCOR CASTRIP ARKANSAS LLC | Arkansas | state | 2010 | $968,664 | | tax credit/rebate |
| Nucor Steel | New York | local | 2013 | $895,949 | | tax credit/rebate; property tax abatement |
| NUCOR STEEL AUBURN, INC. | New York | state | 2012 | $895,373 | | enterprise zone |
| NUCOR STEEL MEMPHIS, INC | Tennessee | local | 2014 | $894,608 | | property tax abatement |
| Nucor Tubular Products Inc. | Kentucky | state | 2021 | $800,000 | | tax credit/rebate |
| NUCOR STEEL AUBURN, INC. | New York | state | 2013 | $735,656 | | enterprise zone |
| Gallatin Steel Fabricators, LLC | Kentucky | state | 2012 | $700,000 | | tax credit/rebate |
| SKYLINE STEEL, LLC | Washington | state | 2017 | $675,350 | | tax credit/rebate |
| SKYLINE STEEL, LLC | Washington | state | 2018 | $675,350 | | tax credit/rebate |
| NUCOR CORPORATION | Missouri | state | 2019 | $660,000 | | tax credit/rebate |
| Nucor Steel | New York | local | 2012 | $639,185 | | tax credit/rebate; property tax abatement |
| Nucor Steel | New York | local | 2007 | $596,029 | | tax credit/rebate; property tax abatement |
| Nucor Castrip Arkansas, LLC | Arkansas | state | 2010 | $580,634 | | tax credit/rebate |
| NUCOR STEEL | Tennessee | local | 2013 | $578,470 | | property tax abatement |
| Nucor Corporation | Kentucky | state | 2022 | $500,000 | | tax credit/rebate |
| Nucor Corporation | Kentucky | state | 2022 | $500,000 | | tax credit/rebate |
| Nucor Corporation | Kentucky | state | 2022 | $500,000 | | tax credit/rebate |
| Nucor Corporation | Kentucky | state | 2022 | $500,000 | | tax credit/rebate |
| NUCOR STEEL MEMPHIS INC | Tennessee | local | 2011 | $466,118 | | property tax abatement |
| NUCOR STEEL AUBURN, INC. | New York | state | 2011 | $451,425 | | enterprise zone |
| NUCOR STEEL MEMPHIS INC | Tennessee | local | 2012 | $393,071 | | property tax abatement |
| NUCOR | New York | local | 2022 | $350,032 | | tax credit/rebate |
| NUCOR STEEL MEMPHIS INC | Tennessee | local | 2013 | $349,271 | | property tax abatement |
| NUCOR CORPORATION | Arkansas | state | | $340,724 | | tax credit/rebate |
| nucor Steel Memphis, Inc. | Tennessee | local | 2017 | $335,262 | | property tax abatement |
| NUCOR STEEL MEMPHIS INC | Tennessee | local | 2010 | $283,215 | | property tax abatement |
| NUCOR STEEL MEMPHIS, INC | Tennessee | local | 2014 | $270,986 | | property tax abatement |
| nucor Steel Memphis, Inc. | Tennessee | local | 2017 | $260,230 | | property tax abatement |
| Nucor Steel | New York | local | 2004 | $218,024 | | tax credit/rebate; property tax abatement |
| NUCOR STEEL MEMPHIS INC | Tennessee | local | 2013 | $210,422 | | property tax abatement |
| Nucor Steel | New York | local | 2003 | $210,048 | | tax credit/rebate; property tax abatement |
| NUCOR STEEL MEMPHIS INC | Tennessee | local | 2011 | $200,030 | | property tax abatement |
| Nucor Corp | Indiana | state | 2012 | $200,000 | | tax credit/rebate |
| Nucor Steel Darlington | South Carolina | state | 2012 | $200,000 | | grant |
| Nucor Steel Marion, Inc. | Ohio | state | 2017 | $200,000 | | tax credit/rebate |
| NUCOR STEEL MEMPHIS INC | Tennessee | local | 2009 | $199,152 | | property tax abatement |
| NUCOR STEEL MEMPHIS INC | Tennessee | local | 2010 | $199,152 | | property tax abatement |
| NUCOR STEEL MEMPHIS INC | Tennessee | local | 2012 | $197,710 | | property tax abatement |
| NUCOR STEEL AUBURN, INC. | New York | state | 2009 | $179,026 | | enterprise zone |
| NUCOR STEEL MEMPHIS, INC | Tennessee | local | 2014 | $174,373 | | property tax abatement |
| NUCOR-YAMATO STEEL COMPANY | Arkansas | state | 2010 | $165,536 | | tax credit/rebate |
| Skyline Steel | Mississippi | state | 2016 | $150,000 | | grant |
| NUCOR CORPORATION | Arkansas | state | 2021 | $135,339 | | tax credit/rebate |
| NUCOR STEEL MEMPHIS INC | Tennessee | local | 2008 | $114,946 | | property tax abatement |
| NUCOR STEEL AUBURN, INC. | New York | state | 2010 | $111,697 | | enterprise zone |
| Nucor Corporation | Indiana | state | 2010 | $105,400 | | training reimbursement |
| Gallatin Steel Company | Kentucky | state | 2007 | $100,000 | | training reimbursement |
| Gallatin Steel Company | Kentucky | state | 2008 | $100,000 | | training reimbursement |
| Nucor Corp | Indiana | state | 2012 | $100,000 | | training reimbursement |
| NUCOR CASTRIP ARKANSAS LLC | Arkansas | state | 2010 | $91,766 | | tax credit/rebate |
| SKYLINE STEEL LLC | Washington | state | 2011 | $84,419 | | tax credit/rebate |
