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Subsidy Tracker Parent Company Summary
Parent Company Name: Schaeffler Technologies
Ownership Structure: privately held
Headquartered in: Germany
Major Industry: industrial equipment
Specific Industry: industrial equipment
| Subsidy Summary | Subsidy Value | Number of Awards |
| State/Local | $8,203,737 | 12 |
| Federal (grants and allocated tax credits) | $0 | 0 |
| TOTAL | $8,203,737 | 12 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
| TOTAL | $0 | 0 |
Time Period for State and Local Awards: Earliest year of data: 1997. 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: 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 |
| Connecticut | $6,000,000 | 1 |
| Missouri | $1,348,980 | 2 |
| Ohio | $490,539 | 5 |
| South Carolina | $364,218 | 4 |
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 |
| Barden Corporation | Connecticut | state | 2011 | $6,000,000 | | grant/loan hybrid program |
| SCHAEFFLER GROUP USA, INC. (FAG BEARING) | Missouri | state | 2012 | $899,080 | | tax credit/rebate |
| SCHAEFFLER GROUP USA, INC. (FAG BEARING) | Missouri | state | 2019 | $449,900 | | tax credit/rebate |
| LuK USA LLC | Ohio | state | 2013 | $255,288 | | tax credit/rebate |
| Schaeffler Group USA Inc. | South Carolina | state | 2015 | $200,000 | | grant |
| LUK USA LLC | Ohio | state | 2014 | $118,257 | | grant |
| Schaeffler Group USA, Inc - Fort Mill | South Carolina | state | 2012 | $81,463 | | training reimbursement |
| LUK USA LLC | Ohio | state | 2013 | $75,000 | | grant |
| Schaeffler Group USA, Inc - Spartanburg | South Carolina | state | 2012 | $44,947 | | training reimbursement |
| Schaeffler Group USA, Inc | South Carolina | state | 2011 | $37,808 | | training reimbursement |
| LUK USA LLC | Ohio | state | 2018 | $24,792 | | training reimbursement |
| LUK USA LLC | Ohio | state | 2013 | $17,202 | | training reimbursement |
| Schaeffler Group USA | South Carolina | state | 2011 | undisclosed | | tax credit/rebate |
| Schaeffler Group USA Inc. | South Carolina | state | 2012 | undisclosed | | tax credit/rebate |
| LuK USA LLC et al. | Ohio | state | 1997 | undisclosed | | tax credit/rebate |
| LuK, Inc. et al. | Ohio | state | 2002 | undisclosed | | tax credit/rebate |
| Schaeffler Group USA, Inc. | South Carolina | state | 2014 | undisclosed | | tax credit/rebate |
| Schaeffler Group USA, Inc. | South Carolina | state | 2016 | undisclosed | | tax credit/rebate |
| Schaeffler Group USA, Inc. | South Carolina | state | 2016 | undisclosed | | tax credit/rebate |
| LuK USA, LLC | Ohio | state | 2013 | undisclosed | | enterprise zone |
| LuK USA, LLC | Ohio | state | 2015 | undisclosed | | enterprise zone |
| LuK USA, LLC | Ohio | state | 2016 | undisclosed | | enterprise zone |
