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)$83,878,26567
TOTAL$118,423,703342
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 Locationsort icon Subsidy Source Year Subsidy Value Loan/Bailout Value Type of Subsidy
ABB, Inc Alabama state 2013 $8,750 cost reimbursement
ABB, Inc Alabama state 2013 $10,000 cost reimbursement
ABB, Inc Alabama state 2013 $14,975 cost reimbursement
ABB, Inc Alabama state 2013 $10,000 cost reimbursement
ABB, Inc Alabama state 2013 $1,990 cost reimbursement
Power-One Renewable Energy Solutions, LLC Arizona state 2011 $517,024 training reimbursement
Power-One Renewable Energy Solutions, LLC Arizona state 2012 $214,500 training reimbursement
Baldor Electric Company Arkansas state 2010 $22,950 training reimbursement
Baldor Electric Company Arkansas state 2009 $5,250 training reimbursement
Baldor Electric Company Arkansas state 2010 $3,200 training reimbursement
Baldor Electric Company Arkansas state 2011 $18,240 training reimbursement
BALDOR ELECTRIC COMPANY Arkansas state 2013 $19,428 training reimbursement
BALDOR ELECTRIC COMPANY Arkansas state 2014 $24,600 training reimbursement
BALDOR ELECTRIC COMPANY Arkansas state 2014 $8,320 training reimbursement
BALDOR ELECTRIC COMPANY Arkansas state 2013 $16,640 training reimbursement
BALDOR ELECTRIC COMPANY Arkansas state 2014 $27,940 training reimbursement
ABB, Inc. Connecticut state 2017 $750,000 grant/loan hybrid program
ABB Water Meters, Inc. Florida state 1997 $275,420 grant
ABB Power T&D Company, Inc. Florida state 1995 $885,000 grant
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
Kuhlman Electric Corporation Kentucky state 2008 $100,000 training reimbursement
K-TEK, Corporation Louisiana state 2008 $30,116 property tax abatement
K-TEK, Corporation Louisiana state 2009 $94,361 property tax abatement
K-TEK, Corporation Louisiana state 2010 $16,545 property tax abatement
ABB, Inc. Louisiana state 2011 $8,966 property tax abatement
ABB, Inc. Louisiana state 2012 $50,009 property tax abatement
ABB Inc. Louisiana state 2013 $19,342 property tax abatement
ABB, Inc. Louisiana local 2014 $21,228 property tax abatement
ABB, Inc. Louisiana state 2015 $4,497 property tax abatement
ABB, Inc. Louisiana state 2016 $24,625 property tax abatement
Thomas & Betts Corp. Massachusetts state 1997 undisclosed tax credit/rebate
THOMAS & BETTS CORPORATION Michigan local 1992 undisclosed property tax abatement
ABB FLEXIBLE AUTOMATION INC Michigan local 1998 undisclosed property tax abatement
ABB INC Michigan local 2007 undisclosed property tax abatement
Baldor Electric Mississippi state 2009 $3,308 training reimbursement
Thomas & Betts Mississippi state 2009 $2,418 training reimbursement
Kuhlman Electric Corporation Mississippi state 2010 $4,133 training reimbursement
Thomas & Betts Mississippi state 2010 $2,712 training reimbursement
ABB Mississippi state 2016 $100,000 training reimbursement
ABB Inc. Mississippi state 2015 undisclosed tax credit/rebate
ABB Inc. Mississippi state 2018 undisclosed tax credit/rebate
Thomas & Betts Corp. New York local 2004 $34,613 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 2006 $123,336 tax credit/rebate; property tax abatement
Thomas & Betts Corp. New York local 2007 $119,617 tax credit/rebate; property tax abatement
Thomas & Betts Corp. New York local 2009 $117,369 tax credit/rebate; property tax abatement
Thomas & Betts Corp. New York local 2010 $118,065 tax credit/rebate; property tax abatement
Thomas & Betts Corp. New York local 2008 $171,390 tax credit/rebate; property tax abatement
Thomas & Betts Corp. New York local 2011 $137,554 tax credit/rebate; property tax abatement
Thomas & Betts Corp. New York local 2012 $120,068 tax credit/rebate; property tax abatement
Thomas & Betts New York state 2001 $140,500 enterprise zone
Thomas & Betts New York state 2002 $24,000 enterprise zone
ABB, Inc. North Carolina state 2008 $26,520 tax credit/rebate
ABB, Inc. North Carolina state 2009 $102,750 tax credit/rebate
ABB Inc. North Carolina state 2010 $2,866,000 grant
ABB, Inc. North Carolina state 2011 $60,000 tax credit/rebate
ABB, Inc. North Carolina state 2011 $211,553 tax credit/rebate
Baldor Electric Company North Carolina state 2011 $3,775 tax credit/rebate
ABB, Inc. North Carolina state 2011 $15,831 tax credit/rebate
ABB, Inc. North Carolina state 2012 $6,659 tax credit/rebate
ABB, Inc. North Carolina state 2012 $47,250 tax credit/rebate
ABB, Inc. North Carolina state 2012 $150,000 tax credit/rebate
Baldor Electric Company North Carolina state 2012 $325,000 tax credit/rebate
Baldor Electric Company North Carolina state 2012 $495,008 tax credit/rebate
Baldor Electric Company North Carolina state 2012 $624,546 tax credit/rebate
ABB, Inc. North Carolina state 2012 $137,354 tax credit/rebate
ABB, Inc. North Carolina state 2013 $409,692 tax credit/rebate
Baldor Electric Company North Carolina state 2013 $424,773 tax credit/rebate
ABB, Inc. North Carolina state 2013 $144,554 tax credit/rebate
Reliance Electric North Carolina state 1998 $223,250 grant
Baldor Electric Company North Carolina state 2011 $25,000 grant
Baldor Electric Company North Carolina state 2011 $25,000 grant
Baldor Electric Company (#1)-Clevela North Carolina state 2012 $89,490 grant
Baldor Electric Company North Carolina state 2012 $25,000 grant
Baldor Electric Company-Buncombe North Carolina state 2013 $24,320 grant
Baldor North Carolina state 2014 $30,750 grant
Baldor North Carolina state 2014 $30,750 grant
ABB North Carolina state 2014 $378,000 grant
ABB, Inc. North Carolina state 2013 $409,692 tax credit/rebate
ABB, Inc. North Carolina state 2012 $137,354 tax credit/rebate
Baldor Electric Company North Carolina local 2012 $39,000 grant
Baldor Electric Company North Carolina local 2012 undisclosed grant
ABB North Carolina state 2015 $22,000 grant
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
BALDOR ELECTRIC CO Oklahoma state 2007 $56,098 tax credit/rebate
BALDOR ELECTRIC CO Oklahoma state 2009 $70,078 tax credit/rebate
BALDOR ELECTRIC CO Oklahoma state 2008 $173,358 tax credit/rebate
BALDOR ELECTRIC COMPANY Oklahoma state 2010 $43,078 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
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