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 Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
MEDTRONIC SOFAMOR DANEK Tennessee local 2007 $31,681 property tax abatement
United States Surgical Corporation North Carolina state 2010 $31,561 tax credit/rebate
Tyco Healthcare Group, LP North Carolina state 2010 $29,951 tax credit/rebate
COVIDIEN South Carolina state 2009 $29,741 training reimbursement
Ludlow Corporation North Carolina state 2012 $28,460 tax credit/rebate
Ludlow Corporation North Carolina state 2012 $28,460 tax credit/rebate
SOFAMOR DANEK GROUP Tennessee local 2007 $22,513 property tax abatement
NEWPORT MEDICAL INSTRUMENTS California state 2002 $19,656 training reimbursement
Ludlow Corporation North Carolina state 2010 $18,653 tax credit/rebate
Salient Surgical Technologies New Hampshire state 2009 $18,460 training reimbursement
MEDTRONIC SOFAMOR DANEK Tennessee local 2008 $16,546 property tax abatement
Valleylab Holding Corporation North Carolina state 2015 $16,262 tax credit/rebate
Ludlow Corporation North Carolina state 2011 $14,094 tax credit/rebate
United States Surgical Corporation North Carolina state 2013 $13,916 tax credit/rebate
Sherwood Medical Company, Inc. North Carolina state 2015 $12,937 tax credit/rebate
Sherwood Medical Company, Inc. North Carolina state 2010 $9,443 tax credit/rebate
Ludlow Corporation & Affiliates North Carolina state 2019 $7,878 tax credit/rebate
Sherwood Medical Company, Inc. North Carolina state 2012 $7,202 tax credit/rebate
Sherwood Medical Company, Inc. North Carolina state 2012 $7,202 tax credit/rebate
MEDTRONIC NEUROSURGERY California state 2007 $5,493 training reimbursement
SOFAMOR DANEK GROUP Tennessee local 2007 $5,291 property tax abatement
Valleylab Holding Corporation North Carolina state 2012 $4,629 tax credit/rebate
Valleylab Holding Corporation North Carolina state 2012 $4,629 tax credit/rebate
MEDTRONIC SOFAMOR DANEK Tennessee local 2013 $4,534 property tax abatement
Valleylab Holding Corporation North Carolina state 2010 $4,369 tax credit/rebate
Sherwood Medical Company, Inc. North Carolina state 2019 $2,659 tax credit/rebate
Sherwood Medical Company, Inc. North Carolina state 2013 $2,511 tax credit/rebate
Sherwood Medical Company, Inc. North Carolina state 2013 $2,511 tax credit/rebate
Ludlow Technical Products Corp. North Carolina state 2011 $2,462 tax credit/rebate
VNUS Medical Technologies, Inc. North Carolina state 2011 $2,451 tax credit/rebate
Innerdyne, Inc. North Carolina state 2011 $2,317 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 2011 $1,639 tax credit/rebate
General Surgical Innovations, Inc. North Carolina state 2010 $1,555 tax credit/rebate
United States Surgical Corporation North Carolina state 2016 $1,016 tax credit/rebate
Georgia Packaging, Inc. Georgia local 1996 $2,000,000 industrial revenue bond
CARDIOINSIGHT TECHNOLOGIES INC Ohio state 2012 $1,000,000 loan or bond financing
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
Tyco Healthcare Group LP Nebraska state 2006 undisclosed tax credit/rebate
MEDTRONIC USA, INC New Jersey state undisclosed tax credit/rebate; property tax abatement
Medtronic Sofamor Danek USA, Inc. Tennessee state 2008 undisclosed 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 PS Medical Inc. Texas state 2004 undisclosed property tax abatement
Medtronic PS Medical Inc. Texas state 2004 undisclosed property tax abatement
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 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 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
Covidien Healthcare - Seneca Facility South Carolina state 2010 undisclosed 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, Inc. Arizona state 2004 undisclosed enterprise zone
Medtronic Inc. & Subsidiaries Arizona state 2005 undisclosed enterprise zone
MEDTRONIC USA, INC New Jersey state undisclosed tax credit/rebate; property tax abatement
Covidien Massachusetts state 2008 undisclosed tax credit/rebate
Medtronic Interventional Vascular,Inc. Massachusetts state 2000 undisclosed tax credit/rebate
Tyco Healthcare Group LP Nebraska state 2013 undisclosed tax credit/rebate
Medtronic Sofamor Danek USA, Inc. Tennessee local 2014 undisclosed property tax abatement
Medtronic Sofamor Danek USA, Inc. Tennessee local 2014 undisclosed property tax abatement
Medtronic Sofamor Danek USA, Inc. Tennessee local 2014 undisclosed property tax abatement
Medtronic Sofamor Danek USA, Inc. Tennessee local 2014 undisclosed property tax abatement
Medtronic Sofamor Danek USA, Inc. Tennessee local 2014 undisclosed property tax abatement
Medtronic Sofamor Danek USA, Inc. Tennessee local 2014 undisclosed property tax abatement
Medtronic Sofamor Danek USA, Inc. Tennessee local 2014 undisclosed property tax abatement
Medtronic Sofamor Danek USA, Inc. Tennessee local 2014 undisclosed property tax abatement
Medtronic Sofamor Danek USA, Inc. Tennessee local 2014 undisclosed property tax abatement
Medtronic Sofamor Danek USA, Inc. Tennessee local 2014 undisclosed property tax abatement
Medtronic Sofamor Danek USA, Inc. Tennessee local 2014 undisclosed property tax abatement
Medtronic Sofamor Danek USA, Inc. Tennessee local 2014 undisclosed property tax abatement
Medtronic Sofamor Danek USA, Inc. Tennessee local 2014 undisclosed property tax abatement
Medtronic Sofamor Danek USA Inc. Tennessee local 2016 undisclosed property tax abatement
Medtronic Sofamor Danek USA Inc. Tennessee local 2016 undisclosed property tax abatement
Medtronic Sofamor Danek USA Inc. Tennessee local 2016 undisclosed property tax abatement
Medtronic Sofamor Danek USA Inc. Tennessee local 2016 undisclosed property tax abatement
Medtronic Sofamor Danek USA Inc. Tennessee local 2016 undisclosed property tax abatement
Medtronic Sofamor Danek USA Inc. Tennessee local 2016 undisclosed property tax abatement
Medtronic Sofamor Danek USA Inc. Tennessee local 2016 undisclosed property tax abatement
Medtronic Sofamor Danek USA Inc. Tennessee local 2016 undisclosed property tax abatement
Medtronic Sofamor Danek USA Inc. Tennessee local 2016 undisclosed property tax abatement
Medtronic Sofamor Danek USA Inc. Tennessee local 2016 undisclosed property tax abatement
Medtronic Sofamor Danek USA Inc. Tennessee local 2016 undisclosed property tax abatement
Medtronic Sofamor Danek USA Inc. Tennessee local 2016 undisclosed property tax abatement
MEDTRONIC SOFAMOR DANEK USA INC Tennessee local 2017 undisclosed property tax abatement
MEDTRONIC SOFAMOR DANEK USA INC Tennessee local 2017 undisclosed property tax abatement
MEDTRONIC SOFAMOR DANEK USA, INC. Tennessee local 2017 undisclosed property tax abatement
MEDTRONIC SOFAMOR DANEK USA, INC. Tennessee local 2017 undisclosed property tax abatement
Download results as CSV or XML (maximum 10,000; for access to larger downloads contact Kasia Tarczynska)