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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 Summary | Subsidy Value | Number of Awards |
State/Local | $11,167,231 | 22 |
Federal (grants and allocated tax credits) | $0 | 0 |
TOTAL | $11,167,231 | 22 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $580,000 | 1 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
TOTAL | $580,000 | 1 |
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 |
Indiana | $5,078,000 | 10 |
Kentucky | $3,218,000 | 1 |
Michigan | $1,050,000 | 3 |
Ohio | $705,806 | 2 |
Mississippi | $580,000 | 1 |
All other | $535,425 | 5 |
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 |
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 |