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Subsidy Tracker Parent Company Summary
Parent Company Name: Worthington Industries
Ownership Structure: publicly traded (ticker symbol WOR)
Headquartered in: Ohio
Major Industry: metals
Specific Industry: metal products
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $5,580,629 | 23 |
Federal (grants and allocated tax credits) | $0 | 0 |
TOTAL | $5,580,629 | 23 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $1,432,942 | 2 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
TOTAL | $1,432,942 | 2 |
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 |
Ohio | $3,081,098 | 10 |
Tennessee | $800,000 | 4 |
South Carolina | $700,000 | 2 |
Wisconsin | $430,000 | 1 |
Mississippi | $400,000 | 2 |
All other | $169,531 | 4 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
Company | Location | Subsidy Source | Year | Subsidy Value ![sort ascending sort icon](https://violationtrackeruk.goodjobsfirst.org/resource//arrow-asc.png) | Loan/Bailout Value | Type of Subsidy |
WORTHINGTON INDUSTRIES, INC. | Ohio | state | 1995 | $1,630,857 | | enterprise zone |
Worthington Industries Engineered Cabs, LLC | South Carolina | state | 2013 | $500,000 | | grant |
Worthington Cylinders Wisconsin, LLC | Wisconsin | state | 2013 | $430,000 | | tax credit/rebate |
Angus Industries | Tennessee | state | 2013 | $375,000 | | grant |
GERSTENSLAGER COMPANY | Ohio | state | 2010 | $300,000 | | grant |
Worthington Industries Engineered Cabs, Inc. | Tennessee | state | 2016 | $300,000 | | grant |
Westerman Nuclear LLC | Ohio | state | 2010 | $298,526 | | tax credit/rebate |
GERSTENSLAGER COMPANY | Ohio | state | 2011 | $250,000 | | grant |
WORTHINGTON INDUSTRIES INC | Ohio | state | 2015 | $247,854 | | grant |
Worthington Cylinder | Mississippi | state | 2010 | $200,000 | | grant |
Worthington Cylinders | Mississippi | state | 2010 | $200,000 | | grant/loan hybrid program |
Worthington Industries Engineered Cabs, LLC | South Carolina | state | 2014 | $200,000 | | grant |
WORTHINGTON INDUSTRIES INC | Ohio | state | 2013 | $151,051 | | training reimbursement |
The Worthington Steel Company | Ohio | state | 2016 | $96,000 | | tax credit/rebate |
Angus Industries | Tennessee | state | 2012 | $80,000 | | training reimbursement |
STRUCTURAL COMPOSITES INDUSTRIES, L.L.C. | California | state | 2011 | $73,031 | | training reimbursement |
Worthington Steelpac Systems a/k/a Worthington Packaging Solutions | Pennsylvania | state | | $70,000 | | grant |
Worthington Steel Company & Worthington Industries Incorporated | Ohio | state | 2008 | $53,866 | | enterprise zone |
Angus Industries, Inc. | Tennessee | state | 2013 | $45,000 | | training reimbursement |
SHARON COMPANIES LTD | Ohio | state | 2008 | $42,944 | | grant |
The Worthington Steel Company | Indiana | state | 2010 | $20,500 | | training reimbursement |
WORTHINGTON INDUSTRIES INC | Ohio | state | 2022 | $10,000 | | grant |
Worthington Industries | South Dakota | state | 2014 | $6,000 | | grant |
Worthington Welding, Incorporated d/b/a Worthington Trailers | Pennsylvania | state | | | $1,216,604 | loan or bond financing |
Worthington Welding, Incorporated dba Worthington Trailers | Pennsylvania | state | | | $216,338 | loan or bond financing |
THE WORTHINGTON STEEL COMPANY JACKSON | Michigan | local | 1993 | undisclosed | | property tax abatement |
WORTHINGTON STEEL OF MICHIGAN INC. | Michigan | local | 1993 | undisclosed | | property tax abatement |
WORTHINGTON STEEL OF MICHIGAN | Michigan | local | 1995 | undisclosed | | property tax abatement |
SPARTAN STEEL COATING LLC | Michigan | local | 1996 | undisclosed | | property tax abatement |
WORTHINGTON STEEL OF MICHIGAN | Michigan | local | 1996 | undisclosed | | property tax abatement |
SPARTAN STEEL COATING LLC | Michigan | local | 2008 | undisclosed | | property tax abatement |
Worthington Cylinders Corp. | Ohio | state | 1994 | undisclosed | | tax credit/rebate |
Worthington Steel Company, The and Worthington Industries Incorporated | Ohio | state | 1995 | undisclosed | | tax credit/rebate |
Worthington Steel Company, The et al. | Ohio | state | 1997 | undisclosed | | tax credit/rebate |
Gerstenslager Company, The | Ohio | state | 2000 | undisclosed | | tax credit/rebate |
Worthington Stairs LLC | Ohio | state | 2006 | undisclosed | | tax credit/rebate |
Spartan Steel Coating, LLC | Michigan | state | 1999 | undisclosed | | property tax abatement |