Subsidy Tracker Parent Company Summary

Parent Company Name: 
Sandvik
Ownership Structure: 
publicly traded
Headquartered in: 
Sweden
Major Industry: 
industrial equipment
Specific Industry: 
industrial equipment
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$1,969,23021
Federal (grants and allocated tax credits)$59,0611
TOTAL$2,028,29122
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$2,000,0002
Federal loans, loan guarantees and bailout assistance (not including repayments)$2,722,1501
TOTAL$4,722,1503
Time Period for State and Local Awards: 

Earliest year of data: 1999. 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: 

DIAMOND INNOVATIONS; PRECORP; PRECORP OF SOUTH CAROLINA; SANDVIK; SANDVIK MINING AND CONSTRUCTION USA; SECO TOOLS; WALTER 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
Ohio$848,4714
Wisconsin$475,0002
North Carolina$436,76710
Florida$168,3291
Washington$40,6634

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
Diamond Innovations, Inc. Ohio state 2011 $672,812 tax credit/rebate
Walter USA, LLC Wisconsin state 2010 $300,000 tax credit/rebate
Walter USA, LLC Wisconsin state 2013 $175,000 tax credit/rebate
Sandvik Mining & Construction Florida state 2011 $168,329 training reimbursement
Sandvik, Inc. North Carolina state 2012 $130,000 tax credit/rebate
DIAMOND INNOVATIONS INC Ohio state 2014 $118,659 grant
Sandvik, Inc. North Carolina state 2008 $103,307 tax credit/rebate
Sandvik, Inc. North Carolina state 2015 $88,502 tax credit/rebate
Sandvik, Inc. North Carolina state 2016 $62,385 tax credit/rebate
SECO Tools, Inc. United States federal 2011 $59,061 federal grant
DIAMOND INNOVATIONS INC Ohio state 2012 $50,000 grant
Sandvik, Inc. North Carolina state 2013 $26,927 tax credit/rebate
PRECORP INC Washington state 2015 $18,989 tax credit/rebate
PRECORP OF SOUTH CAROLINA INC Washington state 2015 $11,262 tax credit/rebate
DIAMOND INNOVATIONS INC Ohio state 2015 $7,000 grant
PRECORP INC Washington state 2017 $6,117 tax credit/rebate
Sandvik, Inc. North Carolina state 2013 $6,045 tax credit/rebate
Sandvik, Inc. North Carolina state 2015 $6,045 tax credit/rebate
Sandvik, Inc. North Carolina state 2011 $5,788 tax credit/rebate
PRECORP OF SOUTH CAROLINA, INC. Washington state 2017 $4,295 tax credit/rebate
Sandvik, Inc. North Carolina state 2012 $3,884 tax credit/rebate
Sandvik, Inc. North Carolina state 2012 $3,884 tax credit/rebate
Sandvik Mining & Construction Usa Llc United States federal 2017 $2,722,150 federal loan or loan guarantee
DIAMOND INNOVATIONS INC Ohio state 2011 $1,000,000 loan or bond financing
DIAMOND INNOVATIONS INC Ohio state 2011 $1,000,000 loan or bond financing
Sandvik Inc Texas state 1999 undisclosed property tax abatement
Sandvik Inc Texas state 2000 undisclosed property tax abatement
Sandvik Inc Texas state 2001 undisclosed property tax abatement
Sandvik Inc Texas state 2002 undisclosed property tax abatement
Sandvik Inc Texas state 2003 undisclosed property tax abatement
Sandvik, Inc. South Carolina state 2009 undisclosed tax credit/rebate
SECO TOOLS INC Michigan local 2008 undisclosed property tax abatement
PRECORP INC Washington state 2011 undisclosed tax credit/rebate
PRECORP OF SOUTH CAROLINA INC Washington state 2011 undisclosed tax credit/rebate
PRECORP INC Washington state 2012 undisclosed tax credit/rebate
PRECORP OF SOUTH CAROLINA INC Washington state 2012 undisclosed tax credit/rebate
PRECORP OF SOUTH CAROLINA INC Washington state 2013 undisclosed tax credit/rebate
PRECORP INC Washington state 2013 undisclosed tax credit/rebate
PRECORP INC Washington state 2014 undisclosed tax credit/rebate
PRECORP OF SOUTH CAROLINA INC Washington state 2014 undisclosed tax credit/rebate
PRECORP INC Washington state 2015 undisclosed tax credit/rebate
PRECORP INC Washington state 2016 undisclosed tax credit/rebate
PRECORP OF SOUTH CAROLINA INC Washington state 2015 undisclosed tax credit/rebate
PRECORP OF SOUTH CAROLINA INC Washington state 2016 undisclosed tax credit/rebate
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