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 Sourcesort icon Year Subsidy Value Loan/Bailout Value Type of Subsidy
ABB INC Oklahoma state 2014 $58,023 grant
ABB INC Oklahoma state 2014 $20,604 grant
ABB INC Oklahoma state 2014 $13,519 grant
ABB INC Oklahoma state 2014 $8,285 grant
ABB INC Oklahoma state 2014 $5,831 grant
ABB, Inc. North Carolina state 2013 $409,692 tax credit/rebate
ABB, Inc. North Carolina state 2012 $137,354 tax credit/rebate
ABB INC Oklahoma state 2015 $83,453 grant
ABB INC Oklahoma state 2015 $59,874 grant
ABB INC Oklahoma state 2015 $58,281 grant
ABB INC Oklahoma state 2015 $38,942 grant
ABB INC Oklahoma state 2015 $26,707 grant
ABB INC Oklahoma state 2015 $25,534 grant
ABB INC. Oklahoma state 2015 $57,536 grant
ABB INC. Oklahoma state 2015 $44,396 grant
ABB, Inc. Pennsylvania state 2014 $113,488 tax credit/rebate
Baldor Electric Company South Carolina state 2014 undisclosed tax credit/rebate
ABB, Inc. Louisiana state 2015 $4,497 property tax abatement
ABB Halifax Virginia state 2013 $200,000 grant
ABB, Inc. Virginia state 2011 $66,953 enterprise zone
ABB, Inc. Virginia state 2012 $64,554 enterprise zone
ABB, Inc. Virginia state 2015 $39,888 enterprise zone
ABB, Inc. Virginia state 2014 $24,536 enterprise zone
ABB, Inc. Virginia state 2013 $13,647 enterprise zone
ABB - South Boston Virginia state 2012 $41,892 training reimbursement
ABB - South Boston Virginia state 2012 $25,017 training reimbursement
ABB North Carolina state 2015 $22,000 grant
ABB, Inc. Connecticut state 2017 $750,000 grant/loan hybrid program
ABB, Inc. Louisiana state 2016 $24,625 property tax abatement
Baldor Electric Company North Carolina state 2015 $45,160 tax credit/rebate
ABB, Inc. North Carolina state 2016 $246,154 tax credit/rebate
Baldor Electric Company North Carolina state 2016 $394,439 tax credit/rebate
ABB, Inc. North Carolina state 2016 $411,552 tax credit/rebate
ABB, Inc. North Carolina state 2015 $1,270,825 tax credit/rebate
ABB, Inc. North Carolina state 2015 $1,368,593 tax credit/rebate
Baldor Electric Company North Carolina state 2015 $1,384,518 tax credit/rebate
Thomas & Betts New York state 2001 $140,500 enterprise zone
Thomas & Betts New York state 2002 $24,000 enterprise zone
Baldor Electric Company Oklahoma state 2016 $18,128 property tax abatement
ABB Halifax Virginia state 2013 $200,000 grant
ABB Inc Virginia state 2016 $13,501 enterprise zone
ABB Holdings Inc West Virginia state 2010 undisclosed tax credit/rebate
ABB Holdings Inc West Virginia state 2010 undisclosed tax credit/rebate
ABB Mississippi state 2016 $100,000 training reimbursement
ABB Inc. Mississippi state 2015 undisclosed tax credit/rebate
BALDOR ELECTRIC COMPANY Oklahoma state 2016 $115,490 tax credit/rebate
BALDOR ELECTRIC COMPANY Oklahoma state 2011 $124,454 tax credit/rebate
BALDOR ELECTRIC COMPANY Oklahoma state 2012 $130,329 tax credit/rebate
BALDOR ELECTRIC COMPANY Oklahoma state 2010 $134,026 tax credit/rebate
BALDOR ELECTRIC COMPANY Oklahoma state 2009 $146,792 tax credit/rebate
BALDOR ELECTRIC COMPANY Oklahoma state 2013 $149,150 tax credit/rebate
BALDOR ELECTRIC COMPANY Oklahoma state 2007 $213,943 tax credit/rebate
BALDOR ELECTRIC COMPANY Oklahoma state 2014 $222,290 tax credit/rebate
BALDOR ELECTRIC COMPANY Oklahoma state 2011 $226,687 tax credit/rebate
BALDOR ELECTRIC COMPANY Oklahoma state 2015 $282,152 tax credit/rebate
Thomas & Betts Corporation Tennessee state 2018 $710,000 grant
ABB Inc. Mississippi state 2018 undisclosed tax credit/rebate
Thomas & Betts Corporation Tennessee state 2018 $710,000 grant
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