Subsidy Tracker Parent Company Summary

Parent Company Name: 
Valeo
Ownership Structure: 
publicly traded
Headquartered in: 
France
Major Industry: 
automotive parts
Specific Industry: 
automotive parts
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$11,167,23122
Federal (grants and allocated tax credits)$00
TOTAL$11,167,23122
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$580,0001
Federal loans, loan guarantees and bailout assistance (not including repayments)$00
TOTAL$580,0001
Time Period for State and Local Awards: 

Earliest year of data: 1995. 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 2011.

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: 

NILES AMERICA WINTECH F / K / A WINTECH; VALEO

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
Indiana$5,078,00010
Kentucky$3,218,0001
Michigan$1,050,0003
Ohio$705,8062
Mississippi$580,0001
All other$535,4255

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
Niles America Wintech, Inc. (f/k/a Wintech, Inc.) Kentucky state 2002 $3,218,000 tax credit/rebate
Valeo North America, Inc. Indiana state 2014 $2,225,000 tax credit/rebate
Valeo North America, Inc Michigan state 2017 $1,000,000 tax credit/rebate
Valeo North America, Inc. Indiana state 2016 $800,000 tax credit/rebate
Valeo Sylvania, L.L.C. Indiana state 2012 $750,000 tax credit/rebate
Valeo North America Mississippi state 2014 $580,000 grant
Valeo Climate Control Corp. Ohio state 2013 $354,806 tax credit/rebate
Valeo North America, Inc. Ohio state 2015 $351,000 tax credit/rebate
Valeo, Inc. Indiana state 2011 $350,000 tax credit/rebate
Valeo Engine Cooling, Inc. New York state 2005 $285,000 enterprise zone
Valeo, Inc. Indiana state 2011 $200,000 training reimbursement
Valeo North America, Inc. Indiana state 2015 $200,000 training reimbursement
Valeo North America, Inc. Indiana state 2016 $200,000 training reimbursement
Valeo Sylvania, L.L.C. Indiana state 2007 $153,000 training reimbursement
Valeo Engine Cooling, Inc. New York state 2002 $118,500 enterprise zone
Valeo Sylvania, L.L.C. Indiana state 2012 $100,000 training reimbursement
Valeo Engine Cooling, Inc. Indiana state 2013 $100,000 training reimbursement
Valeo North America, Inc. Tennessee state 2017 $80,000 grant
Valeo Engine Cooling Inc. New York state 2006 $35,806 enterprise zone
Valeo, Inc. Michigan state 2010 $35,000 training reimbursement
Valeo Engine Cooling, Inc. New York state 2004 $16,119 enterprise zone
Valeo, Inc. Michigan state 2010 $15,000 training reimbursement
Valeo North America Mississippi state 2014 $580,000 loan or bond financing
VALEO ELECTRICAL SYSTEMS, INC. Michigan local 1995 undisclosed property tax abatement
VALEO ELECTRICAL SYSTEMS, INC. Michigan local 1996 undisclosed property tax abatement
VALEO ELECTRICAL SYSTEMS, INC. Michigan local 2000 undisclosed property tax abatement
VALEO FRONT END MODULE INC Michigan local 2009 undisclosed property tax abatement
Valeo Climate Control Corp. Ohio state 1996 undisclosed tax credit/rebate
Valeo Climate Control Corp. Ohio state 2002 undisclosed tax credit/rebate
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