Subsidy Tracker Parent Company Summary

Parent Company Name: 
Rexnord
Ownership Structure: 
publicly traded (ticker symbol RXN)
Headquartered in: 
Wisconsin
Major Industry: 
miscellaneous manufacturing
Specific Industry: 
industrial equipment
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$10,270,97830
Federal (grants and allocated tax credits)$00
TOTAL$10,270,97830
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)$00
TOTAL$4,258,8001
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 2009.

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: 

MERIT GEAR; Prager, Inc.; PRECISION GEAR; PRECISION GEAR 1 1998; REXNORD; ZURN IND

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
Wisconsin$5,095,8338
New York$2,684,57315
Louisiana$2,092,5723
Pennsylvania$275,0001
North Carolina$123,0003

Individual Subsidy Records:

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Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
Rexnord Corporation Wisconsin state 2016 $2,000,000 tax credit/rebate
Prager, Inc. Louisiana state 2009 $1,553,968 property tax abatement
Precision Gear, Inc. #1 (1998) New York local 1998 $722,644 tax credit/rebate; property tax abatement
Precision Gear, Inc. #1 (1998) New York local 1998 $680,913 tax credit/rebate; property tax abatement
Merit Gear Corporation Wisconsin state 2008 $569,300 grant
Merit Gear Corporation Wisconsin state 2009 $569,300 grant
Prager, Inc. Louisiana state 2009 $506,701 tax credit/rebate
Rexnord Industries, LLC Wisconsin state 2009 $500,000 grant/loan hybrid program
Rexnord Industries, LLC Wisconsin state 2012 $500,000 grant/loan hybrid program
Rexnord Wisconsin state 2006 $457,233 tax increment financing
Zurn Industries, LLC Pennsylvania state $275,000 grant
Merit Gear, LLC Wisconsin state 2008 $250,000 tax credit/rebate
Rexnord Industries, LLC Wisconsin state 2012 $250,000 tax credit/rebate
Precision Gear, Inc. #1 (1998) New York local 2010 $159,464 tax credit/rebate; property tax abatement
Precision Gear, Inc. New York local 2012 $145,406 tax credit/rebate; property tax abatement
Precision Gear, Inc. #1 (1998) New York local 2016 $143,713 tax credit/rebate
Precision Gear, Inc. #1 (1998) New York local 2015 $135,286 tax credit/rebate
Precision Gear, Inc. #1 (1998) New York local 2013 $134,254 tax credit/rebate; property tax abatement
Precision Gear, Inc. #1 (1998) New York local 2014 $120,315 tax credit/rebate
Precision Gear, Inc. #1 (1998) New York local 2009 $111,673 tax credit/rebate; property tax abatement
Zurn Industries North Carolina state 1994 $100,000 grant
Precision Gear, Inc. #1 (1998) New York local 2008 $85,800 tax credit/rebate; property tax abatement
Precision Gear, Inc. New York local 2007 $75,649 tax credit/rebate; property tax abatement
Precision Gear, Inc. New York local 2006 $70,941 tax credit/rebate; property tax abatement
Precision Gear, Inc. New York local 2005 $60,716 tax credit/rebate; property tax abatement
Prager, Inc. Louisiana state 2010 $31,903 property tax abatement
Precision Gear, Inc. #1 (1998) New York local 2011 $26,699 tax credit/rebate; property tax abatement
Zurn Industries, LLC North Carolina state 2012 $19,000 grant
Zurn Industries, Inc. New York state 2008 $11,100 enterprise zone
Rexnord-Zurn Holdings, Inc. North Carolina state 2009 $4,000 tax credit/rebate
Rexnord Wisconsin state 2012 $4,258,800 loan or bond financing
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