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Basic Search  |  Geographic Searches  |  Advanced Search | Megadeals

Subsidy Tracker Parent Company Summary

Parent Company Name: Regal Rexnord
Ownership Structure: publicly traded (ticker symbol RXX)
Headquartered in: Wisconsin
Major Industry: miscellaneous manufacturing
Specific Industry: industrial equipment
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$23,572,52357
Federal (grants and allocated tax credits)$1,600,0002
TOTAL$25,172,52359
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$4,258,8001
Federal loans, loan guarantees and bailout assistance (not including repayments)$2,250,0003
TOTAL$6,508,8004
Time Period for State and Local Awards: Earliest year of data: 1998. 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 2009.
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
Kentucky$12,933,18916
Wisconsin$5,095,8338
New York$3,341,98124
Louisiana$2,092,5723
Indiana$70,0001
All other$38,9485

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
Emerson Power Transmission, Mfg., L.P.Kentuckystate2001$5,462,280tax credit/rebate
Emerson PowerKentuckystate2009$2,300,000tax credit/rebate
Solus Industrial Innovations, LLCKentuckystate2011$2,208,000tax credit/rebate
Rexnord CorporationWisconsinstate2016$2,000,000tax credit/rebate
Prager, Inc.Louisianastate2009$1,553,968property tax abatement
Emerson Power Transmission, L.P.Kentuckystate2009$1,500,000tax credit/rebate
Regal Beloit America Inc. dba Regal ----Kentuckystate2020$850,000tax credit/rebate
REGAL-BELOIT CORPORATIONUnited Statesfederal2018$800,000federal grant
REGAL BELOIT CORPORATIONUnited Statesfederal2020$800,000federal grant
Precision Gear, Inc. #1 (1998)New Yorklocal1998$722,644tax credit/rebate; property tax abatement
Precision Gear, Inc. #1 (1998)New Yorklocal1998$680,913tax credit/rebate; property tax abatement
Merit Gear CorporationWisconsinstate2008$569,300grant
Merit Gear CorporationWisconsinstate2009$569,300grant
Prager, Inc.Louisianastate2009$506,701tax credit/rebate
Rexnord Industries, LLCWisconsinstate2009$500,000grant/loan hybrid program
Rexnord Industries, LLCWisconsinstate2012$500,000grant/loan hybrid program
RexnordWisconsinstate2006$457,233tax increment financing
Merit Gear, LLCWisconsinstate2008$250,000tax credit/rebate
Rexnord Industries, LLCWisconsinstate2012$250,000tax credit/rebate
Precision Gear, Inc. #1 (1998)New Yorklocal2010$159,464tax credit/rebate; property tax abatement
Precision Gear, Inc. #1 (1998)New Yorklocal2017$159,072tax credit/rebate
Precision Gear, Inc.New Yorklocal2012$145,406tax credit/rebate; property tax abatement
Precision Gear, Inc. #1 (1998)New Yorklocal2016$143,713tax credit/rebate
Precision Gear, Inc. #1 (1998)New Yorklocal2015$135,286tax credit/rebate
Precision Gear, Inc. #1 (1998)New Yorklocal2013$134,254tax credit/rebate; property tax abatement
Precision Gear, Inc. #1 (1998)New Yorklocal2014$120,315tax credit/rebate
Precision Gear, Inc. #1 (1998)New Yorklocal2009$111,673tax credit/rebate; property tax abatement
Emerson Power TransmissionNew Yorklocal2004$106,914tax credit/rebate; property tax abatement
Emerson Power TransmissionKentuckystate2007$100,000training reimbursement
Emerson Power TransmissionKentuckystate2010$99,991training reimbursement
Emerson Power TransmissionKentuckystate2009$99,000training reimbursement
Precision Gear, Inc. #1 (1998)New Yorklocal2019$92,669tax credit/rebate
Emerson Power TransmissionKentuckystate2007$91,000training reimbursement
Emerson Power TransmissionNew Yorklocal2005$90,742tax credit/rebate; property tax abatement
Precision Gear, Inc. #1 (1998)New Yorklocal2008$85,800tax credit/rebate; property tax abatement
Precision Gear, Inc.New Yorklocal2007$75,649tax credit/rebate; property tax abatement
Solus Industrial Innovations, LLCKentuckystate2009$73,000training reimbursement
Precision Gear, Inc.New Yorklocal2006$70,941tax credit/rebate; property tax abatement
Emerson Power Transmission CorporationIndianastate2013$70,000tax credit/rebate
Emerson Power TransmissionNew Yorklocal2009$61,517tax credit/rebate; property tax abatement
Emerson Power TransmissionNew Yorklocal2006$61,413tax credit/rebate; property tax abatement
Precision Gear, Inc.New Yorklocal2005$60,716tax credit/rebate; property tax abatement
Emerson Power TransmissionNew Yorklocal2007$53,397tax credit/rebate; property tax abatement
Emerson Power TransmissionNew Yorklocal2008$40,535tax credit/rebate; property tax abatement
Prager, Inc.Louisianastate2010$31,903property tax abatement
Precision Gear, Inc. #1 (1998)New Yorklocal2011$26,699tax credit/rebate; property tax abatement
Emerson Power TransmissionKentuckystate2009$25,000training reimbursement
Emerson Power TransmissionKentuckystate2010$25,000training reimbursement
Solus Industrial Innovations, LLCKentuckystate2011$25,000training reimbursement
Solus Industrial Innovations, LLCKentuckystate2013$25,000training reimbursement
Emerson Power TransmissionKentuckystate2010$24,980training reimbursement
Emerson Power TransmissionKentuckystate2011$24,938training reimbursement
Rexnord-Zurn Holdings, Inc.North Carolinastate2017$20,591tax credit/rebate
Regal Beloit America Inc.Marylandstate2020$5,870tax credit/rebate
Regal Beloit America IncMarylandstate2021$4,988tax credit/rebate
Rexnord-Zurn Holdings, Inc.North Carolinastate2009$4,000tax credit/rebate
Regal Beloit America Inc.Marylandstate2018$3,499tax credit/rebate
Precision Gear, Inc. #1 (1998)New Yorklocal2012$1,132multiple
Precision Gear, Inc. #1 (1998)New Yorklocal2014$1,117multiple
RexnordWisconsinstate2012$4,258,800loan or bond financing
Hy-Bon Engineering Company, Inc.United Statesfederal2011$750,000federal loan or loan guarantee
Hy-Bon Engineering Company, Inc.United Statesfederal2012$750,000federal loan or loan guarantee
Hy-Bon Engineering Company, Inc.United Statesfederal2013$750,000federal loan or loan guarantee
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