Subsidy Tracker Parent Company Summary

Parent Company Name: 
ABB Ltd.
Ownership Structure: 
publicly traded (ticker symbol ABB)
Headquartered in: 
Switzerland
Major Industry: 
utilities and power generation
Specific Industry: 
power systems
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$34,545,438275
Federal (grants and allocated tax credits)$82,365,28665
TOTAL$116,910,724340
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$90,342,8012
TOTAL$90,342,8012
Time Period for State and Local Awards: 

Earliest year of data: 1992. 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: 

ABB; ABB HALIFAX; BALDOR ELECTRIC; K TEK; KUHLMAN ELECTRIC; POWER ONE RENEWABLE ENERGY SOLUTIONS; RELIANCE ELECTRIC; THOMAS AND BETTS

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
North Carolina$12,632,11237
Tennessee$8,456,04512
Oklahoma$3,811,91857
Florida$2,362,7364
Virginia$1,419,87314
All other$5,862,754151

Individual Subsidy Records:

Click on the company name for more information on each subsidy award.
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Company Location Subsidy Source Yearsort icon Subsidy Value Loan/Bailout Value Type of Subsidy
ABB, Inc. Pennsylvania state $136,000 training reimbursement
ABB, Inc. Pennsylvania state $250,000 grant
THOMAS & BETTS CORPORATION Michigan local 1992 undisclosed property tax abatement
ABB Power T&D Company, Inc. Florida state 1995 $885,000 grant
ABB Water Meters, Inc. Florida state 1997 $275,420 grant
Thomas & Betts Corp. Massachusetts state 1997 undisclosed tax credit/rebate
ABB FLEXIBLE AUTOMATION INC Michigan local 1998 undisclosed property tax abatement
ABB Power T&D Company, Inc. Florida state 1998 $1,107,316 grant
ABB Power T&D Company, Inc. Florida state 1998 $95,000 tax credit/rebate
Reliance Electric North Carolina state 1998 $223,250 grant
ABB POWER T & D COMPANY INC. United States federal 2000 $885,000 federal grant
ABB POWER T & D COMPANY INC. United States federal 2000 $500,000 federal grant
ABB COMBUSTION ENGINEERING INC United States federal 2000 $1,300,000 federal grant
ABB COMBUSTION ENGINEERING INC United States federal 2000 $620,613 federal grant
ABB COMBUSTION ENGINEERING INC United States federal 2000 $197,000 federal grant
ABB Control Inc. Texas local 2001 undisclosed tax credit/rebate
ABB POWER T & D COMPANY INC. United States federal 2001 $1,605,826 federal grant
ABB POWER T & D COMPANY INC. United States federal 2001 $886,977 federal grant
RELIANCE ELECTRIC CO United States federal 2001 $227,882 federal grant
ABB COMBUSTION ENGINEERING INC United States federal 2001 $435,000 federal grant
ABB COMBUSTION ENGINEERING INC United States federal 2001 $310,000 federal grant
ABB COMBUSTION ENGINEERING INC United States federal 2001 $278,178 federal grant
ABB COMBUSTION ENGINEERING INC United States federal 2001 $93,419 federal grant
Thomas & Betts New York state 2001 $140,500 enterprise zone
RELIANCE ELECTRIC CO United States federal 2002 $631,862 federal grant
Thomas & Betts New York state 2002 $24,000 enterprise zone
ABB Lummus Global Inc. Texas state 2003 undisclosed property tax abatement
RELIANCE ELECTRIC CO United States federal 2003 $700,000 federal grant
Thomas & Betts Corp. New York local 2004 $34,613 tax credit/rebate; property tax abatement
ABB Lummus Global Inc. Texas state 2004 undisclosed property tax abatement
ABB INC United States federal 2004 $1,625,000 federal grant
Thomas & Betts Corp. New York local 2005 $121,650 tax credit/rebate; property tax abatement
ABB INC United States federal 2005 $1,300,000 federal grant
ABB INC United States federal 2005 $489,407 federal grant
ABB INC United States federal 2005 $257,638 federal grant
Thomas & Betts Corp. New York local 2006 $123,336 tax credit/rebate; property tax abatement
ABB Inc. Virginia state 2006 $400,000 grant
ABB Inc. Virginia state 2006 $75,000 grant
ABB INC United States federal 2006 $150,000 federal grant
RELIANCE ELECTRIC COMPANY United States federal 2006 $745,000 federal grant
RELIANCE ELECTRIC COMPANY United States federal 2006 $155,000 federal grant
Thomas & Betts Corp. New York local 2007 $119,617 tax credit/rebate; property tax abatement
ABB INC Michigan local 2007 undisclosed property tax abatement
BALDOR ELECTRIC CO Oklahoma state 2007 $56,098 tax credit/rebate
ABB Holdings, Inc. West Virginia state 2007 undisclosed tax credit/rebate
ABB Holdings, Inc. West Virginia state 2007 undisclosed tax credit/rebate
THOMAS & BETTS CORPORATION Tennessee local 2007 $166,185 property tax abatement
THOMAS & BETTS CORPORATION Tennessee local 2007 $118,203 property tax abatement
THOMAS & BETTS CORPORATION Tennessee local 2007 $468,472 property tax abatement
RELIANCE ELECTRIC COMPANY United States federal 2007 $222,546 federal grant
BALDOR ELECTRIC COMPANY Oklahoma state 2007 $213,943 tax credit/rebate
ABB, INC. Alabama state 2008 $24,990 cost reimbursement
ABB, INC. Alabama state 2008 $9,042 cost reimbursement
ABB, INC. Alabama state 2008 $4,521 cost reimbursement
ABB, INC. Alabama state 2008 $10,549 cost reimbursement
ABB, INC. Alabama state 2008 $3,350 cost reimbursement
ABB, INC. Alabama state 2008 $10,650 cost reimbursement
Kuhlman Electric Corporation Kentucky state 2008 $100,000 training reimbursement
K-TEK, Corporation Louisiana state 2008 $30,116 property tax abatement
ABB, Inc. North Carolina state 2008 $26,520 tax credit/rebate
Thomas & Betts Corp. New York local 2008 $171,390 tax credit/rebate; property tax abatement
BALDOR ELECTRIC CO Oklahoma state 2008 $173,358 tax credit/rebate
ABB INC Oklahoma state 2008 $18,569 grant
ABB INC Oklahoma state 2008 $24,793 grant
ABB INC Oklahoma state 2008 $25,478 grant
ABB INC Oklahoma state 2008 $27,173 grant
ABB INC Oklahoma state 2008 $28,267 grant
ABB INC Oklahoma state 2008 $33,570 grant
ABB INC Oklahoma state 2008 $44,314 grant
THOMAS & BETTS CORPORATION Tennessee local 2008 $67,427 property tax abatement
THOMAS & BETTS CORPORATION Tennessee local 2008 $104,714 property tax abatement
THOMAS & BETTS CORPORATION Tennessee local 2008 $468,472 property tax abatement
RELIANCE ELECTRIC COMPANY United States federal 2008 $100,000 federal grant
RELIANCE ELECTRIC COMPANY United States federal 2008 $100,000 federal grant
ABB Flexible Automation. Alabama state 2009 $10,650 cost reimbursement
ABB Flexible Automation. Alabama state 2009 $21,300 cost reimbursement
ABB Flexible Automation. Alabama state 2009 $10,650 cost reimbursement
ABB Flexible Automation. Alabama state 2009 $10,650 cost reimbursement
ABB Flexible Automation. Alabama state 2009 $10,650 cost reimbursement
ABB Flexible Automation. Alabama state 2009 $10,650 cost reimbursement
ABB Flexible Automation. Alabama state 2009 $10,650 cost reimbursement
ABB Flexible Automation. Alabama state 2009 $12,985 cost reimbursement
ABB Flexible Automation. Alabama state 2009 $3,980 cost reimbursement
ABB Flexible Automation. Alabama state 2009 $1,990 cost reimbursement
ABB Flexible Automation. Alabama state 2009 $3,980 cost reimbursement
ABB Flexible Automation. Alabama state 2009 $12,995 cost reimbursement
ABB Flexible Automation. Alabama state 2009 $3,980 cost reimbursement
ABB Flexible Automation. Alabama state 2009 $11,940 cost reimbursement
K-TEK, Corporation Louisiana state 2009 $94,361 property tax abatement
ABB, Inc. North Carolina state 2009 $102,750 tax credit/rebate
Thomas & Betts Corp. New York local 2009 $117,369 tax credit/rebate; property tax abatement
ABB, Inc. Pennsylvania state 2009 $55,693 tax credit/rebate
ABB - South Boston Virginia state 2009 $54,885 training reimbursement
Baldor Electric Mississippi state 2009 $3,308 training reimbursement
Thomas & Betts Mississippi state 2009 $2,418 training reimbursement
Baldor Electric Company Arkansas state 2009 $5,250 training reimbursement
BALDOR ELECTRIC CO Oklahoma state 2009 $70,078 tax credit/rebate
ABB INC Oklahoma state 2009 $18,202 grant
RELIANCE ELECTRIC COMPANY United States federal 2009 $505,782 federal grant
RELIANCE ELECTRIC COMPANY United States federal 2009 $394,900 federal grant
RELIANCE ELECTRIC COMPANY United States federal 2009 $1,324 federal grant
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