Subsidy Tracker Parent Company Summary
Parent Company Name:
Illinois Tool Works
Ownership Structure:
publicly traded (ticker symbol ITW)
Headquartered in:
Illinois
Major Industry:
industrial equipment
Specific Industry:
industrial equipment
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $1,555,898 | 29 |
| Federal (grants and allocated tax credits) | $0 | 0 |
| TOTAL | $1,555,898 | 29 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $9,327,614 | 15 |
| TOTAL | $9,327,614 | 15 |
Time Period for State and Local Awards:
Earliest year of data: 1993. 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 2007.
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:
ACCESSORIES MARKETING; AIP / BI HOLDING; ARK LES ELECTRONIC PROD; BAL A DIVISION OF ILLINOIS TOOL WORKS; BROOKS INSTRUMENT; COEUR; DRAWFORM; GSE HOLDING DBA ITW MILITARY GSE; HIGHLAND MFG AN ITW; HOBART; ILLINOIS TOOL WORKS; ITW; Loveshaw Corporation, The; PACIFIC POLYMERS; PASLODE; QUANTUM MARKETING; SUPERB PROD; WILSONART INTL; WYNN OIL COMPANY
Links:
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| Kentucky | $417,525 | 5 |
| Indiana | $350,000 | 2 |
| Pennsylvania | $254,151 | 3 |
| California | $192,230 | 5 |
| Florida | $104,050 | 2 |
| All other | $237,942 | 12 |
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 Value | Loan/Bailout Value |
Type of Subsidy |
|---|---|---|---|---|---|---|
| Itw International Holdings Inc | United States | federal | 2009 | $1,027,614 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | United States | federal | 2008 | $500,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | United States | federal | 2007 | $500,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | United States | federal | 2013 | $500,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | United States | federal | 2011 | $500,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | United States | federal | 2012 | $500,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | United States | federal | 2010 | $500,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | United States | federal | 2009 | $500,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | United States | federal | 2014 | $500,000 | federal loan or loan guarantee | |
| Pacific Polymers Inc | United States | federal | 2007 | $1,000,000 | federal loan or loan guarantee | |
| Pacific Polymers Inc | United States | federal | 2008 | $1,300,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | United States | federal | 2016 | $500,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | United States | federal | 2015 | $500,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | United States | federal | 2017 | $500,000 | federal loan or loan guarantee | |
| Loveshaw Corporation, The | United States | federal | 2019 | $500,000 | federal loan or loan guarantee | |
| Brooks Instrument, LLC | Pennsylvania | state | $152,220 | grant | ||
| Coeur, Inc. | North Carolina | state | 2006 | $50,000 | grant | |
| Miller Electric Manufacturing Company | Wisconsin | state | 2016 | $10,000 | grant | |
| DRAWFORM INC. | Michigan | local | 1993 | undisclosed | property tax abatement | |
| DRAWFORM | Michigan | local | 1993 | undisclosed | property tax abatement | |
| DRAW FORM INC. | Michigan | local | 1994 | undisclosed | property tax abatement | |
| HIGHLAND MANUFACTURING AN ITW COMPANY | Michigan | local | 1994 | undisclosed | property tax abatement | |
| DRAW FORM INC. | Michigan | local | 1994 | undisclosed | property tax abatement | |
| ITW B&L PLASTICS | Michigan | local | 1995 | undisclosed | property tax abatement | |
| DRAWFORM INC. | Michigan | local | 1995 | undisclosed | property tax abatement | |
| DRAWFORM INC. | Michigan | local | 1995 | undisclosed | property tax abatement | |
| DRAWFORM INC. | Michigan | local | 1996 | undisclosed | property tax abatement | |
| DRAWFORM INC. | Michigan | local | 1996 | undisclosed | property tax abatement | |
| DRAWFORM, INC. | Michigan | local | 1997 | undisclosed | property tax abatement | |
| ITW DRAWFORM INC | Michigan | local | 1998 | undisclosed | property tax abatement | |
| ITW DRAWFORM INC | Michigan | local | 1999 | undisclosed | property tax abatement | |
| ITW DRAWFORM INC. | Michigan | local | 2000 | undisclosed | property tax abatement | |
| ITW DRAWFORM INC. | Michigan | local | 2000 | undisclosed | property tax abatement | |
| WILSONART INTERNATIONAL INC. | Michigan | local | 2001 | undisclosed | property tax abatement | |
| SUPERB PRODUCTS INC. | Michigan | local | 2001 | undisclosed | property tax abatement | |
| ITW DRAWFORM INC. | Michigan | local | 2001 | undisclosed | property tax abatement | |
| ITW B & L PLASTICS INC. | Michigan | local | 2001 | undisclosed | property tax abatement | |
| ITW SUPERB PRODUCTS | Michigan | local | 2002 | undisclosed | property tax abatement | |
| ITW FOILS | Michigan | local | 2002 | undisclosed | property tax abatement | |
| ITW DRAWFORM INC | Michigan | local | 2002 | undisclosed | property tax abatement | |
| ITW DRAWFORM INC | Michigan | local | 2003 | undisclosed | property tax abatement | |
| ITW DRAWFORM INC | Michigan | local | 2003 | undisclosed | property tax abatement | |
| ITW DRAWFORM INC | Michigan | local | 2004 | undisclosed | property tax abatement | |
| ITW DRAWFORM INC | Michigan | local | 2004 | undisclosed | property tax abatement | |
| ITW SUPERB PRODUCTS | Michigan | local | 2005 | undisclosed | property tax abatement | |
| ITW DRAWFORM INC | Michigan | local | 2005 | undisclosed | property tax abatement | |
| Wilsonart International Inc | Texas | state | 2007 | undisclosed | property tax abatement | |
| ITW DAHIT SEATING | Michigan | local | 2007 | undisclosed | property tax abatement | |
| ITW DRAWFORM | Michigan | local | 2007 | undisclosed | property tax abatement | |
| ITW DRAWFORM INC | Michigan | local | 2007 | undisclosed | property tax abatement | |
| ITW DRAWFORM | Michigan | local | 2008 | undisclosed | property tax abatement | |
| ITW DRAWFORM | Michigan | local | 2008 | undisclosed | property tax abatement | |
| ITW DRAWFORM | Michigan | local | 2009 | undisclosed | property tax abatement | |
| ITW DRAWFORM | Michigan | local | 2010 | undisclosed | property tax abatement | |
| ITW DRAWFORM | Michigan | local | 2010 | undisclosed | property tax abatement | |
| ITW SUPERB PRODUCTS | Michigan | local | 2010 | undisclosed | property tax abatement | |
| ITW DRAWFORM | Michigan | local | 2011 | undisclosed | property tax abatement | |
| ITW DRAWFORM,INC. | Michigan | local | 2011 | undisclosed | property tax abatement | |
| Illinois Tool Works Inc. | Kentucky | state | 2010 | $200,000 | tax credit/rebate | |
| Illinois Tool Works Inc. | Pennsylvania | state | 2008 | $36,287 | tax credit/rebate | |
| PASLODE | Arkansas | state | 2010 | $6,527 | tax credit/rebate | |
| Ark-Les Electronic Products Corp. | Massachusetts | state | 1998 | undisclosed | tax credit/rebate | |
| Instron Corporation | Massachusetts | state | 2004 | undisclosed | tax credit/rebate | |
| Quantum Marketing, Inc. | Florida | state | 2009 | $90,000 | tax credit/rebate | |
| Illinois Tool Works, Inc. | Indiana | state | 2008 | $250,000 | tax credit/rebate | |
| Illinois Tool Works Inc. | Kentucky | state | 2012 | $200,000 | tax credit/rebate | |
| Hobart Brothers Company | Ohio | state | 1993 | undisclosed | tax credit/rebate | |
| Hobart Brothers Company | Ohio | state | 1993 | undisclosed | tax credit/rebate | |
| Coeur, Inc. | North Carolina | state | 2013 | $3,504 | tax credit/rebate | |
| Illinois Tool Works, Inc. | North Carolina | state | 2016 | $29,729 | tax credit/rebate | |
| AIP/BI Holdings, Inc. | Pennsylvania | state | 2017 | $65,644 | tax credit/rebate | |
| ILLINOIS TOOL WORKS INC. | New Jersey | state | undisclosed | tax credit/rebate; property tax abatement | ||
| ILLINOIS TOOL WORKS INC. | New Jersey | state | undisclosed | tax credit/rebate; property tax abatement | ||
| WYNN OIL COMPANY | California | state | 2004 | $70,952 | training reimbursement | |
| ACCESSORIES MARKETING INC. | California | state | 2009 | $24,500 | training reimbursement | |
| ITW Ramset | Kentucky | state | 2007 | $7,500 | training reimbursement | |
| ITW Ramset | Kentucky | state | 2009 | $6,025 | training reimbursement | |
| ITW Workholding | Michigan | state | 2009 | $25,000 | training reimbursement | |
| ITW/Heartland | Minnesota | state | 2009 | undisclosed | training reimbursement | |
| ITW Paslode | Mississippi | state | 2009 | $7,350 | training reimbursement | |
| Illinois Tool Works. dba Magnaflux | Iowa | state | 2009 | $95,000 | training reimbursement | |
| GSE Holdings dba ITW Military GSE | Florida | state | 2010 | $14,050 | training reimbursement | |
| ITW Shippers Products | Arkansas | state | 2009 | $5,102 | training reimbursement | |
| ITW Shippers | Arkansas | state | 2009 | $2,997 | training reimbursement | |
| ACCESSORIES MARKETING, INC. | California | state | 2011 | $4,648 | training reimbursement | |
| ITW RIPPEY CORPORATION, A DIVISION OF ILLINOIS TOOL WORKS, INC. | California | state | 2011 | $17,358 | training reimbursement | |
| BAL, A DIVISION OF ILLINOIS TOOL WORKS, INC. | California | state | 2011 | $74,772 | training reimbursement | |
| ITW Ramset | Kentucky | state | 2011 | $4,000 | training reimbursement | |
| Illinois Tool Works, Inc. | Indiana | state | 2008 | $100,000 | training reimbursement | |
| ITW SHIPPERS | Arkansas | state | 2014 | $1,293 | training reimbursement | |
| PASLODE CORPORATION AN ILLINOIS TOOL WORKS COMPANY | Arkansas | state | 2013 | $1,440 | training reimbursement |
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