Subsidy Tracker Parent Company Summary
Parent Company Name:
Michelin
Ownership Structure:
publicly traded
Headquartered in:
France
Major Industry:
automotive parts
Specific Industry:
automotive parts-tires
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $767,030,427 | 63 |
| Federal (grants and allocated tax credits) | $2,000,000 | 3 |
| TOTAL | $769,030,427 | 66 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $10,000,000 | 1 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
| TOTAL | $10,000,000 | 1 |
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 2012.
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 awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| Indiana | $615,014,922 | 32 |
| South Carolina | $135,455,159 | 14 |
| Kentucky | $14,221,100 | 5 |
| North Carolina | $2,156,086 | 8 |
| Alabama | $150,000 | 1 |
| All other | $33,160 | 3 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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or XML (maximum 10,000; for access to larger downloads contact Kasia Tarczynska)
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| Company | Location | Subsidy Source |
Year |
Subsidy Value | Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| Michelin Tire Spartanburg | South Carolina | state | $120,294 | training reimbursement | ||
| MICHELIN TIRE CORPORATION | Michigan | local | 1993 | undisclosed | property tax abatement | |
| MICHELIN NORTH AMERICA INC TAX DEPT | Indiana | local | 2003 | $9,873,850 | property tax abatement | |
| MICHELIN NORTH AMERICA INC | Indiana | local | 2003 | $406,396,202 |
MEGADEAL  |
|
| MICHELIN NORTH AMERICA INC TAX DEPT | Indiana | local | 2004 | $7,109,482 | property tax abatement | |
| Michelin North America, Inc. | South Carolina | state | 2005 | undisclosed | tax credit/rebate | |
| MICHELIN NORTH AMERICA INC TAX DEPT | Indiana | local | 2005 | $10,274,740 | property tax abatement | |
| American Synthetic Rubber Company, LLC | Kentucky | state | 2006 | $100,000 | training reimbursement | |
| Michelin Americas Research & Dev. Corp. | South Carolina | state | 2006 | undisclosed | tax credit/rebate | |
| Michelin North America, Inc. | South Carolina | state | 2006 | undisclosed | tax credit/rebate | |
| Michelin North America, Inc. | South Carolina | state | 2006 | undisclosed | tax credit/rebate | |
| Michelin North America, Inc. | South Carolina | state | 2006 | undisclosed | tax credit/rebate | |
| Michelin North America, Inc. | South Carolina | state | 2006 | undisclosed | tax credit/rebate | |
| MICHELIN NORTH AMERICA INC | Indiana | local | 2006 | $28,705,580 | property tax abatement | |
| Michelin North America, Inc. | Indiana | state | 2006 | $100,000 | training reimbursement | |
| MICHELIN TIRE-LEXINGTON | South Carolina | state | 2006 | $268,777 | training reimbursement | |
| Michelin North America, Inc. | South Carolina | state | 2007 | undisclosed | tax credit/rebate | |
| MICHELIN NORTH AMERICA INC | Indiana | local | 2007 | $27,037,920 | property tax abatement | |
| Michelin North America, Inc. | United States | federal | 2007 | $666,667 | federal grant | |
| MICHELIN NORTH AMERICA INC | Indiana | local | 2008 | $27,376,210 | property tax abatement | |
| Michelin North America, Inc. | United States | federal | 2008 | $666,667 | federal grant | |
| American Synthetic Rubber Company, LLC | Kentucky | state | 2009 | $21,100 | training reimbursement | |
| American Synthetic Rubber Company | Kentucky | state | 2009 | $100,000 | training reimbursement | |
| Michelin North America | Oklahoma | state | 2009 | $7,111 | training reimbursement | |
| Michelin North America, Inc. | Alabama | state | 2009 | $150,000 | grant | |
| MICHELIN NORTH AMERICA INC | Indiana | local | 2009 | $28,288,870 | property tax abatement | |
| Michelin North America, Inc. | Indiana | state | 2009 | $500,000 | tax credit/rebate | |
| Michelin North America, Inc. | Indiana | state | 2009 | $265,000 | tax credit/rebate | |
| Michelin North America, Inc. | United States | federal | 2009 | $666,666 | federal grant | |
| MICHELIN NORTH AMERICA INC | Indiana | local | 2010 | $26,705,090 | property tax abatement | |
| MICHELIN - SANDY SPRINGS | South Carolina | state | 2010 | $69,244 | training reimbursement | |
| Michelin North America, Inc. | Kentucky | state | 2011 | $7,000,000 | tax credit/rebate | |
| MICHELIN NORTH AMERICA INC. | Maine | state | 2011 | $4,402 | property tax abatement | |
| Michelin North America, Inc. | South Carolina | state | 2011 | undisclosed | tax credit/rebate | |
| Michelin North America, Inc. | South Carolina | state | 2011 | undisclosed | tax credit/rebate | |
| MICHELIN NORTH AMERICA INC/BF GOODRICH TIRE MFG | Indiana | local | 2011 | $27,306,100 | property tax abatement | |
| Michelin North America, Inc. | Indiana | state | 2011 | $250,000 | training reimbursement | |
| Michelin Tire - Sandy Springs | South Carolina | state | 2011 | $845,283 | training reimbursement | |
| Michelin Tire-Lexington US 5 | South Carolina | state | 2011 | $24,656 | training reimbursement | |
| Michelin Tire-Lexington US 7 | South Carolina | state | 2011 | $28,854 | training reimbursement | |
| Michelin, North America - Greenville | South Carolina | state | 2011 | $92,440 | training reimbursement | |
| Michelin North America, inc. | North Carolina | state | 2011 | $620,000 | grant | |
| Michelin | South Carolina | multiple | 2012 | $123,300,000 |
MEGADEAL |
|
| Michelin North America, Inc. | North Carolina | state | 2012 | $500,000 | tax credit/rebate | |
| UNIROYAL/BF GOODRICH TIRE MANUFACTURING | Indiana | local | 2012 | $504,310 | property tax abatement | |
| MICHELIN NORTH AMERICA INC/BF GOODRICH TIRE MFG | Indiana | local | 2012 | $30,393,670 | property tax abatement | |
| Michelin North America, Inc. | South Carolina | state | 2012 | undisclosed | tax credit/rebate | |
| Michelin North America, Inc. | South Carolina | state | 2012 | undisclosed | tax credit/rebate | |
| Michelin North America, Inc. | South Carolina | state | 2012 | undisclosed | tax credit/rebate | |
| Michelin North America, Inc. | South Carolina | state | 2012 | undisclosed | tax credit/rebate | |
| Michelin North America, Inc. | South Carolina | state | 2012 | undisclosed | tax credit/rebate | |
| Michelin North America, Inc. | South Carolina | state | 2012 | $1,500,000 | grant | |
| Michelin North America, Inc. | South Carolina | state | 2012 | $7,600,000 | grant | |
| MICHELIN NORTH AMERICA INC/BF GOODRICH TIRE MF | Indiana | local | 2013 | $30,130,740 | property tax abatement | |
| UNIROYAL /BF GOODRICH TIRE MFG | Indiana | local | 2013 | $503,160 | property tax abatement | |
| Michelin Tire | South Carolina | state | 2013 | $47,506 | training reimbursement | |
| Michelin US 10 | South Carolina | state | 2013 | $4,438 | training reimbursement | |
| Michelin US 8 | South Carolina | state | 2013 | $53,667 | training reimbursement | |
| Michelin North America, Inc. | South Carolina | state | 2013 | $1,500,000 | grant | |
| Michelin North America, Inc. | North Carolina | state | 2013 | $92,329 | tax credit/rebate | |
| Michelin North America, Inc. | Kentucky | state | 2013 | $7,000,000 | tax credit/rebate | |
| Michelin North America, Inc. | Oklahoma | state | 2013 | $10,000,000 | industrial revenue bond | |
| MICHELIN NORTH AMERICA INC/BF GOODRICH TIRE MFG | Indiana | local | 2014 | $51,366,820 | property tax abatement | |
| UNIROYAL /BF GOODRICH TIRE MFG | Indiana | local | 2014 | $1,622,985 | property tax abatement | |
| Michelin North America, Inc. | South Carolina | state | 2014 | undisclosed | tax credit/rebate | |
| Michelin North America, Inc. | South Carolina | state | 2014 | undisclosed | tax credit/rebate | |
| MICHELIN NORTH AMERICA INC/BF GOODRICH TIRE MFG | Indiana | local | 2015 | $49,697,620 | property tax abatement | |
| UNIROYAL /BF GOODRICH TIRE MFG | Indiana | local | 2015 | $1,587,395 | property tax abatement | |
| Michelin North America, Inc. | South Carolina | state | 2015 | undisclosed | tax credit/rebate | |
| Michelin North America, Inc. | North Carolina | state | 2015 | $168,260 | tax credit/rebate | |
| Michelin North America, Inc. | South Carolina | state | 2016 | undisclosed | tax credit/rebate | |
| Michelin North America, Inc. | South Carolina | state | 2016 | undisclosed | tax credit/rebate | |
| Michelin North America, Inc. | North Carolina | state | 2016 | $101,414 | tax credit/rebate | |
| MICHELIN NORTH AMERICA INC | Indiana | local | 2016 | $52,129,510 | property tax abatement | |
| UNIROYAL /BF GOODRICH TIRE MFG | Indiana | local | 2016 | $1,357,490 | property tax abatement | |
| MICHELIN NORTH AMERICA INC | Indiana | local | 2017 | $57,401,390 | property tax abatement | |
| UNIROYAL GOODRICH TIRE | Indiana | local | 2017 | $1,068,645 | property tax abatement | |
| Michelin North America, Inc. | Indiana | state | 2017 | $200,000 | training reimbursement | |
| Michelin North America, Inc. | South Carolina | state | 2017 | undisclosed | tax credit/rebate | |
| Michelin North America, Inc. | North Carolina | state | 2017 | $140,824 | tax credit/rebate | |
| MICHELIN NORTH AMERICA INC | Indiana | local | 2018 | $49,166,340 | property tax abatement | |
| UNIROYAL GOODRICH TIRE | Indiana | local | 2018 | $513,520 | property tax abatement | |
| Michelin Group Holdings LLC | New York | Local | 2018 | $21,647 | tax credit/rebate | |
| Michelin North America, Inc. | North Carolina | state | 2018 | $394,011 | tax credit/rebate | |
| MICHELIN NORTH AMERICA INC | Indiana | Local | 2019 | $49,165,700 | Property tax abatement | |
| UNIROYAL GOODRICH TIRE | Indiana | Local | 2019 | $399,670 | Property tax abatement | |
| Michelin North America, Inc. | North Carolina | state | 2019 | $139,248 | tax credit/rebate | |
| MICHELIN NORTH AMERICA INC | Indiana | Local | 2020 | $43,738,790 | Property tax abatement | |
| UNIROYAL GOODRICH TIRE | Indiana | Local | 2020 | $274,325 | Property tax abatement |
Download results as or XML (maximum 10,000; for access to larger downloads contact Kasia Tarczynska)
or XML (maximum 10,000; for access to larger downloads contact Kasia Tarczynska)
