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 Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
THOMAS & BETTS CORPORATION Tennessee local 2007 $166,185 property tax abatement
RELIANCE ELECTRIC COMPANY United States federal 2006 $155,000 federal grant
ABB, Inc. North Carolina state 2012 $150,000 tax credit/rebate
ABB INC United States federal 2006 $150,000 federal grant
BALDOR ELECTRIC COMPANY Oklahoma state 2013 $149,150 tax credit/rebate
BALDOR ELECTRIC COMPANY Oklahoma state 2009 $146,792 tax credit/rebate
ABB, Inc. North Carolina state 2013 $144,554 tax credit/rebate
Thomas & Betts New York state 2001 $140,500 enterprise zone
Thomas & Betts Corp. New York local 2011 $137,554 tax credit/rebate; property tax abatement
ABB, Inc. North Carolina state 2012 $137,354 tax credit/rebate
ABB, Inc. North Carolina state 2012 $137,354 tax credit/rebate
ABB, Inc. Pennsylvania state 2013 $137,054 tax credit/rebate
ABB, Inc. Pennsylvania state $136,000 training reimbursement
BALDOR ELECTRIC COMPANY Oklahoma state 2010 $134,026 tax credit/rebate
BALDOR ELECTRIC COMPANY Oklahoma state 2012 $130,329 tax credit/rebate
BALDOR ELECTRIC COMPANY Oklahoma state 2011 $124,454 tax credit/rebate
Thomas & Betts Corp. New York local 2006 $123,336 tax credit/rebate; property tax abatement
Thomas & Betts Corp. New York local 2005 $121,650 tax credit/rebate; property tax abatement
Thomas & Betts Corp. New York local 2012 $120,068 tax credit/rebate; property tax abatement
Thomas & Betts Corp. New York local 2007 $119,617 tax credit/rebate; property tax abatement
THOMAS & BETTS CORPORATION Tennessee local 2007 $118,203 property tax abatement
Thomas & Betts Corp. New York local 2010 $118,065 tax credit/rebate; property tax abatement
Thomas & Betts Corp. New York local 2009 $117,369 tax credit/rebate; property tax abatement
BALDOR ELECTRIC COMPANY Oklahoma state 2016 $115,490 tax credit/rebate
ABB, Inc. Pennsylvania state 2014 $113,488 tax credit/rebate
THOMAS & BETTS CORPORATION Tennessee local 2008 $104,714 property tax abatement
ABB, Inc. North Carolina state 2009 $102,750 tax credit/rebate
Kuhlman Electric Corporation Kentucky state 2008 $100,000 training reimbursement
RELIANCE ELECTRIC COMPANY United States federal 2008 $100,000 federal grant
RELIANCE ELECTRIC COMPANY United States federal 2008 $100,000 federal grant
ABB Mississippi state 2016 $100,000 training reimbursement
ABB Power T&D Company, Inc. Florida state 1998 $95,000 tax credit/rebate
K-TEK, Corporation Louisiana state 2009 $94,361 property tax abatement
ABB COMBUSTION ENGINEERING INC United States federal 2001 $93,419 federal grant
Baldor Electric Company (#1)-Clevela North Carolina state 2012 $89,490 grant
ABB INC Oklahoma state 2015 $83,453 grant
ABB INC Oklahoma state 2014 $78,469 grant
ABB Inc. Virginia state 2006 $75,000 grant
BALDOR ELECTRIC CO Oklahoma state 2009 $70,078 tax credit/rebate
THOMAS & BETTS CORPORATION Tennessee local 2008 $67,427 property tax abatement
ABB, Inc. Virginia state 2011 $66,953 enterprise zone
ABB, Inc. Virginia state 2012 $64,554 enterprise zone
ABB INC Oklahoma state 2013 $61,070 grant
ABB INC Oklahoma state 2014 $60,936 grant
ABB, Inc. North Carolina state 2011 $60,000 tax credit/rebate
ABB INC Oklahoma state 2015 $59,874 grant
ABB INC Oklahoma state 2014 $58,813 grant
ABB INC Oklahoma state 2015 $58,281 grant
ABB INC Oklahoma state 2014 $58,023 grant
ABB INC. Oklahoma state 2015 $57,536 grant
BALDOR ELECTRIC CO Oklahoma state 2007 $56,098 tax credit/rebate
ABB INC Oklahoma state 2010 $56,021 grant
ABB, Inc. Pennsylvania state 2009 $55,693 tax credit/rebate
ABB INC - QJ Oklahoma state 2013 $54,904 grant
ABB - South Boston Virginia state 2009 $54,885 training reimbursement
ABB INC Oklahoma state 2013 $54,771 grant
ABB INC Oklahoma state 2013 $52,780 grant
ABB, Inc. Louisiana state 2012 $50,009 property tax abatement
ABB, Inc. North Carolina state 2012 $47,250 tax credit/rebate
ABB INC Oklahoma state 2013 $45,179 grant
Baldor Electric Company North Carolina state 2015 $45,160 tax credit/rebate
ABB INC. Oklahoma state 2015 $44,396 grant
ABB INC Oklahoma state 2008 $44,314 grant
ABB INC Oklahoma state 2010 $44,062 grant
BALDOR ELECTRIC COMPANY Oklahoma state 2010 $43,078 tax credit/rebate
ABB INC Oklahoma state 2010 $42,668 grant
ABB INC Oklahoma state 2010 $42,496 grant
ABB - South Boston Virginia state 2012 $41,892 training reimbursement
ABB INC Oklahoma state 2011 $41,777 grant
ABB INC Oklahoma state 2013 $41,039 grant
ABB, Inc. Virginia state 2015 $39,888 enterprise zone
ABB INC Oklahoma state 2010 $39,315 grant
Baldor Electric Company North Carolina local 2012 $39,000 grant
ABB INC Oklahoma state 2015 $38,942 grant
ABB INC Oklahoma state 2010 $38,365 grant
ABB INC Oklahoma state 2010 $36,385 grant
ABB INC Oklahoma state 2013 $35,700 grant
ABB INC Oklahoma state 2011 $34,847 grant
ABB Flexible Automation. Alabama state 2011 $34,795 cost reimbursement
Thomas & Betts Corp. New York local 2004 $34,613 tax credit/rebate; property tax abatement
ABB INC Oklahoma state 2011 $34,374 grant
ABB INC Oklahoma state 2008 $33,570 grant
ABB Flexible Automation. Alabama state 2010 $32,000 cost reimbursement
ABB Flexible Automation. Alabama state 2010 $31,950 cost reimbursement
Baldor North Carolina state 2014 $30,750 grant
Baldor North Carolina state 2014 $30,750 grant
ABB INC Oklahoma state 2013 $30,543 grant
K-TEK, Corporation Louisiana state 2008 $30,116 property tax abatement
ABB Flexible Automation. Alabama state 2010 $29,260 cost reimbursement
ABB Flexible Automation. Alabama state 2010 $29,068 cost reimbursement
ABB INC Oklahoma state 2008 $28,267 grant
BALDOR ELECTRIC COMPANY Arkansas state 2014 $27,940 training reimbursement
Thomas & Betts South Carolina state 2013 $27,692 training reimbursement
ABB INC Oklahoma state 2008 $27,173 grant
ABB INC Oklahoma state 2015 $26,707 grant
ABB, Inc. North Carolina state 2008 $26,520 tax credit/rebate
ABB INC Oklahoma state 2015 $25,534 grant
ABB INC Oklahoma state 2008 $25,478 grant
ABB - South Boston Virginia state 2012 $25,017 training reimbursement
Baldor Electric Company North Carolina state 2011 $25,000 grant
Baldor Electric Company North Carolina state 2011 $25,000 grant
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