Subsidy Tracker Parent Company Summary
Parent Company Name:
Stryker
Ownership Structure:
publicly traded (ticker symbol SYK)
Headquartered in:
Michigan
Major Industry:
medical equipment and supplies
Specific Industry:
medical supplies
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $21,311,272 | 31 |
| Federal (grants and allocated tax credits) | $100,000 | 1 |
| TOTAL | $21,411,272 | 32 |
| 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) | $50,583,572 | 12 |
| TOTAL | $50,583,572 | 12 |
Time Period for State and Local Awards:
Earliest year of data: 1992. 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 2008.
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:
CONCENTRIC MEDICAL; HOWMEDICA OSTEONICS; K2M; ORTHOVITA; PHYSIO CONTROL CORP; PLASMASOL; STRYKER
Links:
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| Michigan | $10,887,725 | 5 |
| New Jersey | $3,540,810 | 1 |
| Washington | $3,078,781 | 11 |
| Virginia | $2,084,584 | 6 |
| California | $1,326,467 | 3 |
| All other | $392,905 | 5 |
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 |
|---|---|---|---|---|---|---|
| STRYKER CORPORATION | Michigan | local | 1992 | undisclosed | property tax abatement | |
| STRYKER CORPORATION | Michigan | local | 1992 | undisclosed | property tax abatement | |
| STRYKER CORPORATION | Michigan | local | 1993 | undisclosed | property tax abatement | |
| STRYKER CORPORATION | Michigan | local | 1993 | undisclosed | property tax abatement | |
| STRYKER INSTRUMENTS | Michigan | local | 1995 | undisclosed | property tax abatement | |
| STRYKER CORPORATION | Michigan | local | 1999 | undisclosed | property tax abatement | |
| STRYKER CORPORATION | Michigan | local | 2000 | undisclosed | property tax abatement | |
| STRYKER CORPORATION | Michigan | local | 2001 | undisclosed | property tax abatement | |
| STRYKER CORPORATION | Michigan | local | 2001 | undisclosed | property tax abatement | |
| STRYKER CORP INSTRUMENTS DIVISION | Michigan | local | 2004 | undisclosed | property tax abatement | |
| STRYKER MEDICAL DIVISION | Michigan | local | 2004 | undisclosed | property tax abatement | |
| STRYKER CORP | Michigan | local | 2005 | undisclosed | property tax abatement | |
| STRYKER INSTRUMENTS | Michigan | local | 2009 | undisclosed | property tax abatement | |
| Stryker Biotech LLC | Massachusetts | state | 2006 | undisclosed | tax credit/rebate | |
| Stryker Corporation | United States | federal | 2011 | $333,040 | federal loan or loan guarantee | |
| Stryker Corporation | United States | federal | 2011 | $442,174 | federal loan or loan guarantee | |
| Stryker Corporation | United States | federal | 2011 | $488,358 | federal loan or loan guarantee | |
| Physio Control, Inc. | United States | federal | 2010 | $720,000 | federal loan or loan guarantee | |
| Concentric Medical, Inc. | United States | federal | 2010 | $1,800,000 | federal loan or loan guarantee | |
| Concentric Medical, Inc. | United States | federal | 2011 | $1,800,000 | federal loan or loan guarantee | |
| K2m, Inc. | United States | federal | 2009 | $4,500,000 | federal loan or loan guarantee | |
| K2m, Inc. | United States | federal | 2010 | $4,500,000 | federal loan or loan guarantee | |
| K2m, Inc. | United States | federal | 2011 | $9,000,000 | federal loan or loan guarantee | |
| K2m, Inc. | United States | federal | 2012 | $9,000,000 | federal loan or loan guarantee | |
| K2m, Inc. | United States | federal | 2013 | $9,000,000 | federal loan or loan guarantee | |
| K2m, Inc. | United States | federal | 2014 | $9,000,000 | federal loan or loan guarantee | |
| Stryker Corporation Medical Division | Michigan | state | 2014 | $4,050 | training reimbursement | |
| Orthovita, Inc. | Pennsylvania | state | 2010 | $10,475 | tax credit/rebate | |
| Orthovita, Inc. | Pennsylvania | state | 2009 | $15,524 | tax credit/rebate | |
| Orthovita, Inc. | Pennsylvania | state | 2008 | $31,906 | tax credit/rebate | |
| K2M | Virginia | state | 2010 | $44,984 | training reimbursement | |
| K2M, Inc. | Virginia | state | 2011 | $89,600 | training reimbursement | |
| PHYSIO CONTROL | Washington | state | 2005 | $95,665 | tax credit/rebate | |
| PHYSIO CONTROL | Washington | state | 2006 | $99,653 | tax credit/rebate | |
| PLASMASOL | United States | federal | 2003 | $100,000 | federal grant | |
| PHYSIO CONTROL | Washington | state | 2007 | $104,433 | tax credit/rebate | |
| Orthovita, Inc. d/b/a Stryker Orthobiologics | Pennsylvania | state | $135,000 | tax credit/rebate | ||
| PHYSIO CONTROL | Washington | state | 2008 | $171,870 | tax credit/rebate | |
| PHYSIO CONTROL | Washington | state | 2004 | $196,420 | tax credit/rebate | |
| Orthovita, Inc. d/b/a Stryker Orthobiologics | Pennsylvania | state | $200,000 | grant | ||
| PHYSIO CONTROL | Washington | state | 2009 | $246,872 | tax credit/rebate | |
| PHYSIO CONTROL MANUFACTURING INC | Washington | state | 2010 | $266,027 | tax credit/rebate | |
| PHYSIO CONTROL MANUFACTURING INC | Washington | state | 2011 | $277,566 | tax credit/rebate | |
| PHYSIO CONTROL MANUFACTURING INC | Washington | state | 2012 | $373,350 | tax credit/rebate | |
| K2M | Virginia | state | 2015 | $400,000 | grant | |
| STRYKER ENDOSCOPY | California | state | 2006 | $414,615 | training reimbursement | |
| STRYKER CORPORATION, ENDOSCOPY DIVISION | California | state | 2011 | $441,270 | training reimbursement | |
| K2M | Virginia | state | 2015 | $450,000 | grant | |
| K2M | Virginia | state | 2015 | $450,000 | grant | |
| STRYKER ENDOSCOPY | California | state | 2009 | $470,582 | training reimbursement | |
| PHYSIO CONTROL MANUFACTURING INC | Washington | state | 2013 | $534,725 | tax credit/rebate | |
| K2M Company | Virginia | state | 2015 | $650,000 | grant | |
| PHYSIO CONTROL MANUFACTURING INC | Washington | state | 2014 | $712,200 | tax credit/rebate | |
| Stryker Corporation | Michigan | state | 2017 | $1,000,000 | tax credit/rebate | |
| Stryker Corporation Medical Division | Michigan | state | 2019 | $2,600,000 | tax credit/rebate | |
| Howmedica Osteonics Corp. | New Jersey | state | 2005 | $3,540,810 | grant | |
| Stryker Corporation | Michigan | local | 2017 | $3,608,930 | tax increment financing | |
| Stryker Corporation | Michigan | state | 2017 | $3,674,745 | tax increment financing |
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