Subsidy Tracker Parent Company Summary
Parent Company Name:
Mitsubishi Group
Ownership Structure:
publicly traded
Headquartered in:
Japan
Major Industry:
diversified
Specific Industry:
diversified
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $430,178,703 | 98 |
| Federal (grants and allocated tax credits) | $2,168,241 | 8 |
| TOTAL | $432,346,944 | 106 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $210,000 | 1 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $87,614,299,240 | 138 |
| TOTAL | $87,614,509,240 | 139 |
Time Period for State and Local Awards:
Earliest year of data: 1985. 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 2013.
Time Period for Federal Awards:
FY2000 to the present
Notes:
The dollar total above adjusts for the fact that there is an overlap between the amount in the Megadeal entry and that of one or more of the other entries. Dollar totals do not include awards for which no subsidy value is disclosed.
Associated Names:
AERIS; AFG IND; AGC; AGC ELECTRONICS AMERICA; BANK OF TOKYO MITSUBISHI; BANK OF TOKYO MITSUBISHI UFJ; CONTINENTAL CARBONIC PROD; DIAMOND STAR MOTORS NOW MITSUBISHI MOTORS; FGDI; INDIANA PACKERS; LINWELD; LUCITE INTL; MATHESON TRI GAS; MITSUBISHI; MITSUBISHI CHEM; MITSUBISHI ELECTRIC; MITSUBISHI ENGINE; MITSUBISHI GROUP; MITSUBISHI HEAVY IND; MITSUBISHI MOTORS; MITSUBISHI PLASTICS; MITSUBISHI POWER SYS; MITSUBISHI UFJ; MITSUBISHI?ELECTRIC?POWER?PRODUCTS?INC; MMCA AUTO OWNER TRUST 2009 A; MUFG UNI [...]
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 |
|---|---|---|
| Illinois | $256,745,333 | 4 |
| Arkansas | $84,750,000 | 2 |
| Indiana | $23,812,900 | 8 |
| Louisiana | $19,737,148 | 2 |
| Kentucky | $11,479,150 | 18 |
| All other | $33,654,172 | 64 |
Individual Subsidy Records:
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| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| Diamond-Star Motors (now Mitsubishi Motors) | Illinois | multiple | 1985 | $249,300,000 |
MEGADEAL  |
|
| Mitsubishi Power Systems | Arkansas | multiple | 2010 | $84,750,000 |
MEGADEAL |
|
| Indiana Packers Corp. | Indiana | state | 2005 | $22,070,400 | tax credit/rebate | |
| Matheson Tri-Gas, Inc. | Louisiana | local | 2017 | $18,433,035 | property tax abatement | |
| AFG Industries, Inc. | Kentucky | state | 2000 | $10,000,000 | tax credit/rebate | |
| Mitsubishi Power Systems Americas, Inc. | Georgia | state | 2010 | $5,000,000 | grant | |
| MUFG Union Bank, N.A. | Arizona | state | 2018 | $5,000,000 | grant | |
| Bank of Tokyo-Mitsubishi UFJ, Ltd | New Jersey | state | 2005 | $4,353,888 | grant | |
| Mitsubishi Motors North America, Inc. | Illinois | state | 2014 | $3,661,339 | tax credit/rebate | |
| Mitsubishi Motors North America, Inc. | Illinois | state | 2015 | $3,183,994 | tax credit/rebate | |
| Mitsubishi Power Systems Americas, Inc. | Georgia | state | 2012 | $3,000,000 | grant | |
| Mitsubishi Nuclear Energy Systems, Inc. | North Carolina | state | 2011 | $2,833,750 | grant | |
| Union Bank, N.A. | Arizona | state | 2013 | $1,500,000 | training reimbursement | |
| Linweld, Inc. | Iowa | state | 2007 | $1,467,573 | tax credit/rebate | |
| Mitsubishi Power Systems, Inc. | Florida | state | 2001 | $1,400,000 | tax credit/rebate | |
| Matheson Tri-Gas, Inc. | Louisiana | state | 2016 | $1,304,113 | tax credit/rebate | |
| Mitsubishi Power Systems Americas, Inc. | Florida | state | 2007 | $1,000,000 | grant | |
| Mitsubishi Power Systems, Inc. | Florida | state | 2007 | $900,000 | tax credit/rebate | |
| AGC Flat Glass North America, Inc. | Ohio | state | 2012 | $819,484 | tax credit/rebate | |
| Mitsubishi Engine North America | Indiana | state | 2014 | $600,000 | tax credit/rebate | |
| Mitsubishi Motors North America, Inc. | Illinois | state | 2013 | $600,000 | grant | |
| Mitsubishi Power Systems, Inc. | Florida | state | 2001 | $580,000 | tax credit/rebate | |
| Bank of Tokyo-Mitsubishi Trust Company (BTMT) | United States | federal | 2006 | $500,000 | federal grant | |
| AGC Flat Glass North America, Inc. | Tennessee | state | 2018 | $500,000 | grant | |
| Bank of Tokyo-Mitsubishi Trust Company (BTMT) | United States | federal | 2010 | $480,000 | federal grant | |
| Bank of Tokyo-Mitsubishi Trust Company (BTMT) | United States | federal | 2008 | $480,000 | federal grant | |
| MITSUBISHI?ELECTRIC?POWER?PRODUCTS?INC | Tennessee | local | 2014 | $407,726 | property tax abatement | |
| Indiana Packers Corporation | Indiana | state | 2014 | $400,000 | tax credit/rebate | |
| Indiana Packers Corporation | Indiana | state | 2017 | $400,000 | tax credit/rebate | |
| Mitsubishi Electric Automotive America, Inc. | Ohio | state | 2015 | $352,338 | tax credit/rebate | |
| AGC Glass Company North America | Kentucky | state | 2012 | $300,000 | tax credit/rebate | |
| AGC Flat Glass Company North America, Inc. | Kentucky | state | 2013 | $300,000 | tax credit/rebate | |
| Mitsubishi Electric Power | Tennessee | state | 2012 | $278,000 | training reimbursement | |
| Union Bank Of California International | New York | local | 2002 | $262,500 | grant | |
| Union Bank Of California International | New York | local | 2004 | $250,000 | grant | |
| MUFG UNION BANK, N.A. | United States | federal | 2018 | $227,282 | federal grant | |
| LUCITE INTERNATIONAL INC | Tennessee | local | 2011 | $226,099 | property tax abatement | |
| Union Bank Of California International | New York | local | 2003 | $222,931 | grant | |
| Mitsubishi Electric Power Products, Inc. | Pennsylvania | state | $200,000 | grant | ||
| Continental Carbonic Products, Inc. | Pennsylvania | state | 2017 | $200,000 | grant | |
| AERIS INC | United States | federal | 2000 | $199,679 | federal grant | |
| AERIS INC | United States | federal | 2000 | $199,679 | federal grant | |
| MITSUBISHI ELECTRIC POWER PRODUCTS INC | Tennessee | local | 2013 | $195,791 | property tax abatement | |
| LUCITE INTERNATIONAL INC | Tennessee | local | 2012 | $192,681 | property tax abatement | |
| Continental Carbonic Products, Inc. | Ohio | state | 2010 | $177,750 | tax credit/rebate | |
| LUCITE INTERNATIONAL INC | Tennessee | local | 2013 | $176,340 | property tax abatement | |
| MITSUBISHI?ELECTRIC?POWER?PRODUCTS?INC | Tennessee | local | 2014 | $168,600 | property tax abatement | |
| MITSUBISHI INTERNATIONAL CORPORATION | Washington | state | 2015 | $156,763 | tax credit/rebate | |
| MITSUBISHI MOTOR SALES OF AMERICA, INC. | California | state | 2004 | $154,399 | training reimbursement | |
| Mitsubishi Electric Power Products Inc | Pennsylvania | state | $150,000 | tax credit/rebate | ||
| Mitsubishi Heavy Industries America, Inc. | Florida | state | 2000 | $150,000 | tax credit/rebate | |
| MITSUBISHI ELECTRIC AUTOMOTIVE | Ohio | state | 2009 | $150,000 | grant | |
| AGC Automotive Americas Co. | Kentucky | state | 2007 | $146,945 | training reimbursement | |
| Indiana Packers Corporation | Indiana | state | 2014 | $139,500 | training reimbursement | |
| Mitsubishi Chemical Performance Polymers, Inc. | Ohio | state | 2013 | $115,041 | tax credit/rebate | |
| Mitsubishi Electric Power Products, Inc. | Pennsylvania | state | $114,000 | tax credit/rebate | ||
| Mitsubishi Electric Power Products, Inc. | Pennsylvania | state | 2014 | $114,000 | tax credit/rebate | |
| Mitsubishi Electric Power Products Inc | Pennsylvania | state | $100,000 | grant | ||
| AGC Automotive Americas Co. | Kentucky | state | 2012 | $100,000 | training reimbursement | |
| Mitsubishi Engine North America | Indiana | state | 2014 | $100,000 | training reimbursement | |
| Matheson Tri-Gas, Inc. | California | state | 2014 | $100,000 | tax credit/rebate | |
| Mitsubishi Electric Automotive America | Kentucky | state | 2006 | $99,969 | training reimbursement | |
| AGC Automotive Americas Co. | Kentucky | state | 2010 | $99,780 | training reimbursement | |
| Mitsubishi Electric Power Products, Inc. | Pennsylvania | state | $75,000 | grant | ||
| Indiana Packers Corporation | Indiana | state | 2017 | $75,000 | tax credit/rebate | |
| AGC Glass Company North America | Kentucky | state | 2013 | $73,000 | training reimbursement | |
| CONTINENTAL CARBONIC PRODUCTS INC | Ohio | state | 2011 | $72,000 | grant | |
| AGC Glass Company North America | Kentucky | state | 2016 | $69,000 | training reimbursement | |
| MITSUBISHI AIRCRAFT CORPORATION AMERICA INC | Washington | state | 2015 | $66,205 | tax credit/rebate | |
| Continental Carbonic Products, Inc. | Pennsylvania | state | 2017 | $60,000 | tax credit/rebate | |
| MATHESON TRI GAS INC | Maine | state | 2017 | $56,634 | property tax abatement | |
| MITSUBISHI CHEMICAL PERFORMANCE | Ohio | state | 2014 | $50,000 | grant | |
| AGC Automotive Americas Co. | Kentucky | state | 2015 | $50,000 | training reimbursement | |
| AGC Automotive Americas Co. | Kentucky | state | 2018 | $50,000 | training reimbursement | |
| LUCITE INTERNATIONAL INC | Tennessee | local | 2013 | $46,945 | property tax abatement | |
| Union Bank, N.A. | United States | federal | 2014 | $41,008 | federal grant | |
| Mitsubishi Motors North America, Inc. | United States | federal | 2012 | $40,593 | federal grant | |
| AGC Automotive Americas | Kentucky | state | 2006 | $40,500 | tax credit/rebate | |
| MATHESON TRI GAS INC | Maine | state | 2016 | $33,643 | property tax abatement | |
| AGC Chemicals Americas, Inc. | Pennsylvania | state | 2015 | $32,168 | tax credit/rebate | |
| AFG Industries, Inc. | Iowa | state | 2003 | $30,290 | training reimbursement | |
| Indiana Packers Corporation | Indiana | state | 2017 | $28,000 | training reimbursement | |
| AGC Automotive Americas Co. | Kentucky | state | 2009 | $25,000 | training reimbursement | |
| AGC Automotive Americas Co. | Kentucky | state | 2013 | $25,000 | training reimbursement | |
| MITSUBISHI CHEMICAL PERFORMANCE | Ohio | state | 2014 | $25,000 | grant | |
| AGC Glass Company North America | Kentucky | state | 2015 | $25,000 | training reimbursement | |
| AGC Glass Company North America | Kentucky | state | 2017 | $25,000 | training reimbursement | |
| AGC Automotive Americas Co. | Kentucky | state | 2011 | $24,988 | training reimbursement | |
| AGC Automotive Americas Co. | Kentucky | state | 2009 | $24,968 | training reimbursement | |
| AGC Electronic America | Oregon | state | 2013 | $22,370 | property tax abatement | |
| AGC Electronics America | Oregon | state | 2016 | $16,537 | property tax abatement | |
| MITSUBISHI AIRCRAFT CORPORATION AMERICA INC | Washington | state | 2015 | $14,418 | tax credit/rebate | |
| MITSUBISHI ELECTRIC | Alabama | state | 2008 | $13,400 | cost reimbursement | |
| MITSUBISHI AIRCRAFT CORPORATION AMERICA INC | Washington | state | 2015 | $13,040 | tax credit/rebate | |
| Mitsubishi Heavy Ind America, Inc. Injection Mo | Alabama | state | 2012 | $10,680 | cost reimbursement | |
| MITSUBISHI ELECTRIC | Alabama | state | 2008 | $9,500 | cost reimbursement | |
| MITSUBISHI ELECTRIC POWER PRODUCTS INC | Tennessee | local | 2013 | $8,551 | property tax abatement | |
| MITSUBISHI?ELECTRIC?POWER?PRODUCTS?INC | Tennessee | local | 2014 | $8,531 | property tax abatement | |
| AGC Flatglass, Inc | Virginia | state | 2009 | $6,000 | training reimbursement | |
| Mitsubishi Power Systems Americas | Arkansas | state | 2011 | $5,675 | training reimbursement | |
| LUCITE INTERNATIONAL INC | Tennessee | local | 2013 | $4,574 | property tax abatement |
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