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Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: Wolfspeed Inc.
Ownership Structure: publicly traded
Headquartered in: North Carolina
Major Industry: miscellaneous manufacturing
Specific Industry: lighting equipment
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $1,439,919,015 | 33 |
Federal (grants and allocated tax credits) | $120,206,000 | 30 |
TOTAL | $1,560,125,015 | 63 |
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: 2004. 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 |
North Carolina | $809,307,979 | 26 |
New York | $626,549,834 | 4 |
Wisconsin | $4,000,000 | 2 |
Arkansas | $61,202 | 1 |
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 |
Wolfspeed | North Carolina | multiple | 2022 | $772,000,000 | | MEGADEAL  |
Cree, Inc. | New York | multiple | 2019 | $617,099,612 | | MEGADEAL  |
Wolfspeed, Inc. III | North Carolina | state | 2022 | $86,146,000 | | grant |
Cree Inc. | United States | federal | 2010 | $39,087,000 | | federal allocated tax credit |
Cree Inc. | United States | federal | 2013 | $30,000,000 | | federal allocated tax credit |
Wolfspeed Inc | United States | federal | 2010 | $11,199,976 | | federal grant |
Cree. Inc. | New York | local | 2021 | $9,450,222 | | tax credit/rebate |
Cree Fayetteville, Inc. | United States | federal | 2010 | $7,828,578 | | federal grant |
Cree, Inc. | North Carolina | state | 2004 | $6,810,570 | | grant |
Cree. Inc. | New York | local | 2020 | $4,013,033 | | tax credit/rebate |
Cree, Inc. | North Carolina | state | 2012 | $3,817,454 | | tax credit/rebate |
Wolfspeed Inc | United States | federal | 2009 | $3,599,806 | | federal grant |
Ruud Lighting, Inc. | Wisconsin | state | 2012 | $3,275,000 | | tax credit/rebate |
Cree, Inc. | North Carolina | state | 2010 | $2,982,000 | | grant |
Wolfspeed Inc | United States | federal | 2012 | $2,534,707 | | federal grant |
Wolfspeed Inc | United States | federal | 2013 | $2,349,704 | | federal grant |
Wolfspeed Inc | United States | federal | 2012 | $2,343,946 | | federal grant |
Wolfspeed Inc | United States | federal | 2011 | $2,110,681 | | federal grant |
Cree Fayetteville, Inc. | United States | federal | 2018 | $1,910,463 | | federal grant |
Wolfspeed Inc | United States | federal | 2014 | $1,849,735 | | federal grant |
Cree, Inc. | North Carolina | state | 2008 | $1,811,254 | | tax credit/rebate |
Cree Fayetteville, Inc. | United States | federal | 2013 | $1,800,132 | | federal grant |
Wolfspeed Inc | United States | federal | 2010 | $1,799,962 | | federal grant |
Cree, Inc. | North Carolina | state | 2015 | $1,697,440 | | tax credit/rebate |
Cree, Inc. | North Carolina | state | 2011 | $1,636,590 | | tax credit/rebate |
Wolfspeed Inc | United States | federal | 2016 | $1,499,986 | | federal grant |
Wolfspeed Inc | United States | federal | 2015 | $1,499,971 | | federal grant |
Wolfspeed Inc | United States | federal | 2014 | $1,489,736 | | federal grant |
Cree, Inc. | North Carolina | state | 2012 | $1,338,320 | | tax credit/rebate |
Wolfspeed Inc | United States | federal | 2008 | $1,212,704 | | federal grant |
Cree Fayetteville, Inc. | United States | federal | 2012 | $1,144,193 | | federal grant |
Cree Fayetteville, Inc. | United States | federal | 2013 | $1,137,941 | | federal grant |
Cree, Inc. | New York | state | 2020 | $1,000,000 | | tax credit/rebate |
Cree Fayetteville, Inc. | United States | federal | 2010 | $1,000,000 | | federal grant |
Cree, Inc. | North Carolina | state | 2010 | $983,731 | | tax credit/rebate |
Cree, Inc. | North Carolina | state | 2015 | $979,132 | | tax credit/rebate |
Cree Lighting Co | United States | federal | 2003 | $932,935 | | federal grant |
Cree, Inc. | North Carolina | state | 2010 | $762,862 | | tax credit/rebate |
Cree, Inc. | North Carolina | state | 2013 | $725,611 | | tax credit/rebate |
Ruud Lighting, Inc. | Wisconsin | state | 2012 | $725,000 | | tax credit/rebate |
Cree, Inc. | North Carolina | state | 2017 | $688,852 | | tax credit/rebate |
Cree, Inc. | North Carolina | state | 2018 | $524,041 | | tax credit/rebate |
Cree Fayetteville, Inc. | United States | federal | 2017 | $498,263 | | federal grant |
Cree, Inc. | North Carolina | state | 2013 | $425,348 | | tax credit/rebate |
Wolfspeed, Inc. | North Carolina | state | 2021 | $408,879 | | tax credit/rebate |
Cree, Inc. | North Carolina | state | 2019 | $391,920 | | tax credit/rebate |
Cree Lighting Co | United States | federal | 2000 | $349,622 | | federal grant |
Wolfspeed, Inc. | North Carolina | state | 2022 | $340,191 | | tax credit/rebate |
Wolfspeed Inc | United States | federal | 2008 | $295,174 | | federal grant |
Cree, Inc. | North Carolina | state | 2020 | $290,042 | | tax credit/rebate |
Cree, Inc. | North Carolina | state | 2012 | $261,750 | | tax credit/rebate |
Cree Fayetteville, Inc. | United States | federal | 2014 | $149,999 | | federal grant |
Cree Fayetteville, Inc. | United States | federal | 2015 | $149,997 | | federal grant |
Cree Fayetteville, Inc. | United States | federal | 2014 | $149,337 | | federal grant |
Cree Fayetteville, Inc. | United States | federal | 2015 | $145,602 | | federal grant |
Cree, Inc. | North Carolina | state | 2011 | $135,750 | | tax credit/rebate |
Cree Fayetteville, Inc. | United States | federal | 2008 | $99,997 | | federal grant |
Cree, Inc. | North Carolina | state | 2021 | $88,311 | | tax credit/rebate |
Wolfspeed, Inc. | North Carolina | state | 2022 | $88,311 | | tax credit/rebate |
CREE FAYETTEVILLE, INC | Arkansas | state | | $61,202 | | tax credit/rebate |
Cree, Inc. | North Carolina | state | 2009 | $48,750 | | tax credit/rebate |
Wolfspeed Inc | United States | federal | 2007 | $35,853 | | federal grant |
Cree LED Lighting Solutions, Inc. | North Carolina | state | 2013 | $24,870 | | tax credit/rebate |