Subsidy Tracker Parent Company Summary

Parent Company Name: 
Medtronic
Ownership Structure: 
publicly traded (ticker symbol MDT)
Headquartered in: 
Ireland
Major Industry: 
medical equipment and supplies
Specific Industry: 
medical devices
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$71,347,732133
Federal (grants and allocated tax credits)$1,625,6793
TOTAL$72,973,411136
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$3,000,0002
Federal loans, loan guarantees and bailout assistance (not including repayments)$00
TOTAL$3,000,0002
Time Period for State and Local Awards: 

Earliest year of data: 1994. 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.

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
Minnesota$37,700,0002
Tennessee$8,521,25955
Texas$8,330,0002
North Carolina$5,195,92345
Florida$2,929,0005
All other$8,671,55024

Individual Subsidy Records:

Click on the company name for more information on each subsidy award.
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Kasia Tarczynska)
Company Location Subsidy Source Yearsort icon Subsidy Value Loan/Bailout Value Type of Subsidy
MEDTRONIC USA, INC New Jersey state undisclosed tax credit/rebate; property tax abatement
MEDTRONIC USA, INC New Jersey state undisclosed tax credit/rebate; property tax abatement
MEDTRONIC INC. DLP DIVISION Michigan local 1994 undisclosed property tax abatement
MEDTRONIC INC. DLP DIVISION Michigan local 1994 undisclosed property tax abatement
Tyco Healthcare Group LP Nebraska state 1994 undisclosed tax credit/rebate
Georgia Packaging, Inc. Georgia local 1996 $2,000,000 industrial revenue bond
PURITAN BENNETT CORPORATION Missouri state 2000 $221,887 tax credit/rebate
Medtronic Interventional Vascular,Inc. Massachusetts state 2000 undisclosed tax credit/rebate
Tyco Healthcare Group LP Florida state 2001 $344,000 tax credit/rebate
NEWPORT MEDICAL INSTRUMENTS California state 2002 $19,656 training reimbursement
Medtronic, Inc. Arizona state 2002 $350,300 training reimbursement
Medtronic PS Medical Inc. Texas state 2003 undisclosed property tax abatement
Medtronic PS Medical Inc. Texas state 2003 undisclosed property tax abatement
MEDTRONIC AVE, INC. California state 2004 $612,400 training reimbursement
Medtronic PS Medical Inc. Texas state 2004 undisclosed property tax abatement
Medtronic PS Medical Inc. Texas state 2004 undisclosed property tax abatement
Medtronic, Inc. Arizona state 2004 undisclosed enterprise zone
TYRX PHARMA INC United States federal 2004 $100,000 federal grant
Medtronic, Inc. Minnesota local 2005 $22,900,000 tax credit/rebate and grant
Medtronic, Inc. Minnesota local 2005 $14,800,000 tax credit/rebate and grant
Medtronic PS Medical Inc. #1 Texas state 2005 undisclosed property tax abatement
Medtronic PS Medical Inc. #2 Texas state 2005 undisclosed property tax abatement
Medtronic Inc. & Subsidiaries Arizona state 2005 undisclosed enterprise zone
Tyco Healthcare Group LP Nebraska state 2006 undisclosed tax credit/rebate
Medtronic PS Medical Inc. #1 (RP) Texas state 2006 undisclosed property tax abatement
Medtronic PS Medical Inc. #2 (TPP) Texas state 2006 undisclosed property tax abatement
Medtronic Sofamor Danek Indiana state 2006 $200,000 training reimbursement
MEDTRONIC NEUROSURGERY California state 2007 $5,493 training reimbursement
Medtronic PS Medical Inc. #1 (RP) Texas state 2007 undisclosed property tax abatement
Medtronic PS Medical Inc. #2 (TPP) Texas state 2007 undisclosed property tax abatement
MEDTRONIC SOFAMOR DANEK Tennessee local 2007 $176,655 property tax abatement
MEDTRONIC SOFAMOR DANEK Tennessee local 2007 $174,526 property tax abatement
MEDTRONIC SOFAMOR DANEK Tennessee local 2007 $31,681 property tax abatement
SOFAMOR DANEK GROUP Tennessee local 2007 $22,513 property tax abatement
SOFAMOR DANEK GROUP Tennessee local 2007 $5,291 property tax abatement
MEDTRONIC MINIMED, INC. California state 2008 $71,418 training reimbursement
Tyco Healthcare Group, LP North Carolina state 2008 $531,171 tax credit/rebate
Medtronic Sofamor Danek USA, Inc. Tennessee state 2008 undisclosed training reimbursement
Covidien Massachusetts state 2008 undisclosed tax credit/rebate
MEDTRONIC SOFAMOR DANEK Tennessee local 2008 $16,546 property tax abatement
MEDTRONIC SOFAMOR DANEK Tennessee local 2008 $107,476 property tax abatement
MEDTRONIC SOFAMOR DANEK Tennessee local 2008 $86,773 property tax abatement
MEDTRONIC SOFAMOR DANEK Tennessee local 2008 $90,027 property tax abatement
MEDTRONIC SOFAMOR DANEK Tennessee local 2008 $67,900 property tax abatement
MEDTRONIC SOFAMOR DANEK Tennessee local 2008 $146,746 property tax abatement
MEDTRONIC SOFAMOR DANEK Tennessee local 2008 $67,021 property tax abatement
MEDTRONIC SOFAMOR DANEK Tennessee local 2008 $85,113 property tax abatement
Tyco Healthcare Group LP New York state 2008 $1,212,952 enterprise zone
TYCO HEALTHCARE GROUP, L.P. New York state 2008 $88,729 enterprise zone
Tyco Healthcare Group, LP North Carolina state 2009 $162,971 tax credit/rebate
Salient Surgical Technologies New Hampshire state 2009 $18,460 training reimbursement
Medtronic Inc. Texas state 2009 $6,000,000 grant
MiniMed (Medtronic) Texas local 2009 $2,330,000 grant/loan hybrid program
MEDTRONIC SOFAMOR DANEK USA INC Tennessee local 2009 $86,317 property tax abatement
MEDTRONIC SOFAMOR DANEK USA INC Tennessee local 2009 $92,178 property tax abatement
MEDTRONIC SOFAMOR DANEK USA INC Tennessee local 2009 $107,466 property tax abatement
MEDTRONIC SOFAMOR DANEK USA INC Tennessee local 2009 $147,766 property tax abatement
MEDTRONIC SOFAMOR DANEK USA INC Tennessee local 2009 $194,949 property tax abatement
MEDTRONIC SOFAMOR DANEK USA INC Tennessee local 2009 $199,765 property tax abatement
MEDTRONIC SOFAMOR DANEK USA INC Tennessee local 2009 $311,141 property tax abatement
COVIDIEN South Carolina state 2009 $1,100,029 training reimbursement
COVIDIEN South Carolina state 2009 $29,741 training reimbursement
Tyco Healthcare Group LP New York state 2009 $484,765 enterprise zone
TYCO HEALTHCARE GROUP, L.P. New York state 2009 $67,064 enterprise zone
MEDTRONIC MINIMED, INC. California state 2010 $527,782 training reimbursement
Tyco Healthcare Group, LP North Carolina state 2010 $333,124 tax credit/rebate
Salient Surgical Technologies New Hampshire state 2010 $66,020 training reimbursement
Covidien Healthcare - Seneca Facility South Carolina state 2010 undisclosed tax credit/rebate
Tyco Healthcare Group, LP North Carolina state 2010 $29,951 tax credit/rebate
MEDTRONIC SOFAMOR DANEK USA INC Tennessee local 2010 $93,910 property tax abatement
MEDTRONIC SOFAMOR DANEK USA INC Tennessee local 2010 $86,317 property tax abatement
MEDTRONIC SOFAMOR DANEK USA INC Tennessee local 2010 $92,178 property tax abatement
MEDTRONIC SOFAMOR DANEK USA INC Tennessee local 2010 $311,141 property tax abatement
MEDTRONIC SOFAMOR DANEK USA INC Tennessee local 2010 $147,766 property tax abatement
MEDTRONIC SOFAMOR DANEK USA INC Tennessee local 2010 $194,949 property tax abatement
MEDTRONIC SOFAMOR DANEK USA INC Tennessee local 2010 $440,709 property tax abatement
US Surgical Corporation United States federal 2010 $1,073,715 federal grant
United States Surgical Corporation North Carolina state 2010 $31,561 tax credit/rebate
Ludlow Corporation North Carolina state 2010 $18,653 tax credit/rebate
Sherwood Medical Company, Inc. North Carolina state 2010 $9,443 tax credit/rebate
Valleylab Holding Corporation North Carolina state 2010 $4,369 tax credit/rebate
Ludlow Technical Products Corp. North Carolina state 2010 $2,312 tax credit/rebate
Innerdyne, Inc. North Carolina state 2010 $2,118 tax credit/rebate
General Surgical Innovations, Inc. North Carolina state 2010 $1,555 tax credit/rebate
Medtronic Sofamor Danek USA, Inc. Tennessee local 2011 undisclosed property tax abatement
Medtronic Sofamor Danek USA, Inc. Tennessee local 2011 undisclosed property tax abatement
Medtronic Sofamor Danek USA, Inc. Tennessee local 2011 undisclosed property tax abatement
Medtronic Sofamor Danek USA, Inc. Tennessee local 2011 undisclosed property tax abatement
Medtronic Sofamor Danek USA, Inc. Tennessee local 2011 undisclosed property tax abatement
Medtronic Sofamor Danek USA, Inc. Tennessee local 2011 undisclosed property tax abatement
Medtronic Sofamor Danek USA, Inc. Tennessee local 2011 undisclosed property tax abatement
Medtronic Sofamor Danek USA, Inc. Tennessee local 2011 undisclosed property tax abatement
Medtronic Sofamor Danek USA, Inc. Tennessee local 2011 undisclosed property tax abatement
Medtronic Sofamor Danek USA, Inc. Tennessee local 2011 undisclosed property tax abatement
Medtronic Sofamor Danek USA, Inc. Tennessee local 2011 undisclosed property tax abatement
MEDTRONIC VASCULAR, INC. California state 2011 $109,317 training reimbursement
Tyco Healthcare Group, LP North Carolina state 2011 $652,235 tax credit/rebate
General Surgical Innovations, Inc. North Carolina state 2011 $1,639 tax credit/rebate
Innerdyne, Inc. North Carolina state 2011 $2,317 tax credit/rebate
VNUS Medical Technologies, Inc. North Carolina state 2011 $2,451 tax credit/rebate
Ludlow Technical Products Corp. North Carolina state 2011 $2,462 tax credit/rebate
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Kasia Tarczynska)