Subsidy Tracker Parent Company Summary
Parent Company Name:
WestRock
Ownership Structure:
publicly traded (ticker symbol WRK)
Headquartered in:
Virginia
Major Industry:
paper and packaging
Specific Industry:
packaging
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $208,856,379 | 263 |
| Federal (grants and allocated tax credits) | $57,200,682 | 3 |
| TOTAL | $266,057,061 | 266 |
| 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) | $1,170,000 | 3 |
| TOTAL | $1,170,000 | 3 |
Time Period for State and Local Awards:
Earliest year of data: 1993. 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:
AG IND; JEFFERSON SMURFIT; KAPSTONE CHARLESTON KRAFT; KAPSTONE CONTAINER; KAPSTONE KRAFT PAPER; KAPSTONE PAPER AND PACKAGING; LONGVIEW FIBRE; MEAD; MEADWESTVACO; MW CUSTOM PAPERS; NIAGARA SHEETS; ROCK TENN SOLVAY MILL; ROCK TENN SVC; ROCKTENN; ROCKTENN IN STORE SOLUTIONS; RTS PACKAGING; SIMPSON TACOMA KRAFT; SMURFIT; SMURFIT STONE CONTAINER ENTRPR; SOLVAY PAPERBOARD; SOUTHERN CONTAINER; STONE CONTAINER; WestRock; WESTROCK CP
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 |
|---|---|---|
| New York | $83,591,286 | 52 |
| Louisiana | $55,984,651 | 61 |
| North Carolina | $26,550,536 | 39 |
| Washington | $17,444,608 | 38 |
| Virginia | $9,127,624 | 22 |
| All other | $16,157,674 | 51 |
Individual Subsidy Records:
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| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| Solvay Paperboard, LLC | New York | state | 2008 | $40,573,654 | enterprise zone | |
| MeadWestvaco Virginia Corporation | United States | federal | 2014 | $38,881,758 | federal grant | |
| WestRock CP LLC | Louisiana | local | 2017 | $24,637,500 | property tax abatement | |
| Simpson Tacoma Kraft Company, LLC | United States | federal | 2012 | $18,030,340 | federal grant | |
| Kapstone Corporation | North Carolina | state | 2009 | $13,408,235 | tax credit/rebate | |
| Solvay Paperboard, LLC | New York | state | 2002 | $8,557,000 | enterprise zone | |
| Mead Westvaco Corporation | North Carolina | state | 2006 | $6,910,000 | grant | |
| Solvay Paperboard (Mr. Steven Hill) | New York | local | 2006 | $5,901,128 | tax credit/rebate; property tax abatement | |
| Solvay Paperboard, LLC | New York | state | 2003 | $4,784,709 | enterprise zone | |
| Solvay Paperboard, LLC | New York | state | 2004 | $3,933,251 | enterprise zone | |
| Solvay Paperboard, LLC | New York | state | 2005 | $3,905,172 | enterprise zone | |
| SMURFIT-STONE CONTAINER ENTERPRISES, INC. | Missouri | state | 2011 | $3,643,390 | tax credit/rebate | |
| RockTenn CP, LLC | Missouri | state | 2011 | $3,521,737 | tax credit/rebate | |
| Solvay Paperboard, LLC | New York | state | 2001 | $3,063,397 | enterprise zone | |
| Solvay Paperboard, LLC | New York | state | 2010 | $2,334,910 | enterprise zone | |
| Solvay Paperboard LLC | New York | state | 2006 | $2,274,935 | enterprise zone | |
| SMURFIT-STONE CONTAINER ENTRPR | Virginia | local | 2011 | $2,242,200 | tax credit/rebate | |
| MeadWestvaco | Virginia | state | 2008 | $2,000,000 | grant | |
| Solvay Paperboard, LLC | New York | state | 2009 | $1,611,677 | enterprise zone | |
| Solvay Paperboard, LLC | New York | state | 2007 | $1,521,875 | enterprise zone | |
| LONGVIEW FIBRE PAPER & PACKAGING INC | Washington | state | 2013 | $1,368,879 | tax credit/rebate | |
| LONGVIEW FIBRE PAPER & PACKAGING INC | Washington | state | 2012 | $1,250,704 | tax credit/rebate | |
| LONGVIEW FIBRE PAPER & PACKAGING INC | Washington | state | 2011 | $1,239,968 | tax credit/rebate | |
| Kapstone Kraft Paper Corporation | North Carolina | state | 2012 | $1,214,408 | tax credit/rebate | |
| MW Custom Papers, LLC | New York | state | 2001 | $1,125,045 | enterprise zone | |
| RockTenn CP, LLC | Missouri | state | 2011 | $1,085,202 | tax credit/rebate | |
| LONGVIEW FIBRE PAPER & PACKAGING INC | Washington | state | 2010 | $1,083,117 | tax credit/rebate | |
| Smurfit-Stone Container | Louisiana | state | 2009 | $1,077,680 | property tax abatement | |
| LONGVIEW FIBRE PAPER & PACKAGING INC | Washington | state | 2014 | $1,020,835 | tax credit/rebate | |
| MeadWestvaco | Virginia | state | 2011 | $1,000,000 | grant | |
| LONGVIEW FIBRE PAPER & PACKAGING INC | Washington | state | 2008 | $990,513 | tax credit/rebate | |
| LONGVIEW FIBRE PAPER & PACKAGING INC | Washington | state | 2015 | $954,743 | tax credit/rebate | |
| Solvay Paperboard, LLC | New York | state | 2012 | $879,837 | enterprise zone | |
| WestRock CP LLC | Louisiana | local | 2017 | $862,706 | property tax abatement | |
| LONGVIEW FIBRE PAPER & PACKAGING INC | Washington | state | 2009 | $861,792 | tax credit/rebate | |
| Kapstone Kraft Paper Corporation | North Carolina | state | 2015 | $795,695 | tax credit/rebate | |
| RockTenn CP, LLC | Louisiana | state | 2012 | $730,153 | property tax abatement | |
| MeadWestvac o Corporation South Carolina LLC | Louisiana | state | 2015 | $726,962 | property tax abatement | |
| MEAD CORP MEAD CONTAINERS | Georgia | local | 2013 | $726,432 | property tax abatement | |
| Smurfit-Stone Container | Louisiana | state | 2009 | $722,893 | property tax abatement | |
| MeadWestvac o Corporation South Carolina LLC | Louisiana | state | 2015 | $693,934 | property tax abatement | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $693,000 | property tax abatement | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $693,000 | property tax abatement | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $693,000 | property tax abatement | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $693,000 | property tax abatement | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $693,000 | property tax abatement | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $692,944 | property tax abatement | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $687,812 | property tax abatement | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $685,799 | property tax abatement | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $684,480 | property tax abatement | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $681,807 | property tax abatement | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $681,059 | property tax abatement | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $680,686 | property tax abatement | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $679,942 | property tax abatement | |
| MeadWestvac o Corporation South Carolina, LLC | Louisiana | local | 2014 | $671,549 | property tax abatement | |
| MeadWestvaco Corporation South Carolina, LLC | Louisiana | state | 2012 | $668,416 | property tax abatement | |
| SMURFIT-STONE CONTAINER ENTERPRISES, INC. | Missouri | state | 2006 | $658,875 | tax credit/rebate | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $656,051 | property tax abatement | |
| MeadWestvac o Corporation South Carolina LLC | Louisiana | local | 2014 | $651,916 | property tax abatement | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $646,535 | property tax abatement | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $641,340 | property tax abatement | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $625,560 | property tax abatement | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $625,560 | property tax abatement | |
| MeadWestvaco Corporation South Carolina, LLC | Louisiana | state | 2011 | $609,810 | property tax abatement | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $609,397 | property tax abatement | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $603,479 | property tax abatement | |
| Solvay Paperboard, LLC | New York | state | 2011 | $602,619 | enterprise zone | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $580,333 | property tax abatement | |
| SIMPSON TACOMA KRAFT COMPANY LLC | Washington | state | 2013 | $570,386 | tax credit/rebate | |
| MeadWestvaco Corporation (Retraining) | Virginia | state | 2012 | $567,621 | training reimbursement | |
| LONGVIEW FIBRE PAPER & PACKAGING INC | Washington | state | 2007 | $562,459 | tax credit/rebate | |
| MeadWestvaco Corporation South Carolina, LLC | Louisiana | state | 2010 | $559,236 | property tax abatement | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $557,325 | property tax abatement | |
| Smurfit-Stone Container | Louisiana | state | 2010 | $556,429 | property tax abatement | |
| SIMPSON TACOMA KRAFT COMPANY LLC | Washington | state | 2012 | $541,905 | tax credit/rebate | |
| SIMPSON TACOMA KRAFT COMPANY LLC | Washington | state | 2011 | $541,539 | tax credit/rebate | |
| WestRock CP, LLC | Louisiana | state | 2016 | $533,444 | property tax abatement | |
| WESTROCK CP LLC | Washington | state | 2015 | $533,066 | tax credit/rebate | |
| Smurfit Stone Container Enterprises | North Carolina | state | 2008 | $529,502 | tax credit/rebate | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $524,848 | property tax abatement | |
| Longview Fibre Paper& Packaging | Washington | state | 2010 | $524,263 | training reimbursement | |
| RockTenn CP, LLC and Rock-Tenn Services Inc. | Indiana | state | 2006 | $520,000 | tax credit/rebate | |
| SIMPSON TACOMA KRAFT COMPANY LLC | Washington | state | 2008 | $519,735 | tax credit/rebate | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $514,153 | property tax abatement | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $509,863 | property tax abatement | |
| MeadWestvaco Corporation South Carolina, LLC | Louisiana | state | 2009 | $509,607 | property tax abatement | |
| SIMPSON TACOMA KRAFT COMPANY LLC | Washington | state | 2010 | $503,564 | tax credit/rebate | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $501,669 | property tax abatement | |
| MEAD CORP MEAD CONTAINERS | Georgia | local | 2013 | $484,288 | property tax abatement | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $471,301 | property tax abatement | |
| RockTenn CP, LLC | Louisiana | state | 2013 | $464,456 | property tax abatement | |
| Rock-Tenn Converting Company | North Carolina | state | 2012 | $456,164 | tax credit/rebate | |
| LONGVIEW FIBRE CO | Washington | state | 2004 | $445,960 | tax credit/rebate | |
| JEFFERSON SMURFIT CORPORATION | Indiana | local | 2003 | $440,930 | property tax abatement | |
| WestRock CP LLC | Louisiana | state | 2016 | $420,714 | property tax abatement | |
| Kapstone Kraft Paper Corporation | North Carolina | state | 2013 | $410,191 | tax credit/rebate | |
| LONGVIEW FIBRE PAPER & PACKAGING INC | Washington | state | 2015 | $406,942 | tax credit/rebate | |
| SIMPSON TACOMA KRAFT COMPANY LLC | Washington | state | 2009 | $406,329 | tax credit/rebate | |
| WestRock CP LLC | Louisiana | local | 2017 | $393,189 | property tax abatement | |
| RockTenn CP, LLC | Louisiana | state | 2012 | $391,772 | property tax abatement | |
| MeadWestvaco Corporation South Carolina, LLC | Louisiana | state | 2008 | $377,151 | property tax abatement |
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