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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 | $1,444,705,684 | 36 |
| Federal (grants and allocated tax credits) | $119,371,047 | 30 |
| TOTAL | $1,564,076,731 | 66 |
| 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 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 | $809,789,100 | 28 |
| New York | $630,855,382 | 5 |
| 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 | 2022 | $4,305,548 | | tax credit/rebate |
| 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 |
| 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 Fayetteville, Inc. | United States | federal | 2018 | $1,075,510 | | 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 |
| Wolfspeed, Inc. | North Carolina | state | 2023 | $392,810 | | 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 |
| Wolfspeed, Inc. | North Carolina | state | 2023 | $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 |
