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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 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.
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 |