Subsidy Tracker Parent Company Summary
Parent Company Name:
ThyssenKrupp
Ownership Structure:
publicly traded
Headquartered in:
Germany
Major Industry:
diversified
Specific Industry:
diversified
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $38,638,614 | 90 |
| Federal (grants and allocated tax credits) | $19,724,719 | 1 |
| TOTAL | $58,363,333 | 91 |
| 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) | $1,800,000 | 1 |
| TOTAL | $1,800,000 | 1 |
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 2011.
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:
ROTEK; THYSSEN; THYSSEN KRUPP ELEVATION; ThyssenKrupp Presta North America, LLC
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 |
|---|---|---|
| Alabama | $23,649,072 | 54 |
| Indiana | $5,164,300 | 7 |
| Kentucky | $4,649,915 | 5 |
| Ohio | $2,317,712 | 8 |
| Illinois | $1,487,502 | 9 |
| All other | $1,370,113 | 7 |
Individual Subsidy Records:
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| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| ThyssenKrupp IT Services North America, a division of ThyssenKrupp USA, Inc. | Georgia | state | 2012 | $500,000 | grant | |
| ThyssenKrupp Steel USA, LLC | Alabama | state | 2010 | $558,513 | cost reimbursement | |
| ThyssenKrupp Steel USA, LLC | Alabama | state | 2011 | $578,363 | cost reimbursement | |
| ThyssenKrupp Steel USA, LLC | Alabama | state | 2011 | $592,528 | cost reimbursement | |
| ThyssenKrupp Steel USA, LLC | Alabama | state | 2012 | $605,204 | cost reimbursement | |
| Thyssen Krupp Waupaca, Inc. | Tennessee | state | 2012 | $628,500 | training reimbursement | |
| ThyssenKrupp Stainless USA, LLC | Alabama | state | 2009 | $635,317 | cost reimbursement | |
| ThyssenKrupp Presta USA, LLC | Indiana | state | 2006 | $795,000 | tax credit/rebate | |
| ThyssenKrupp Steel USA, LLC | Alabama | state | 2011 | $829,103 | cost reimbursement | |
| ThyssenKrupp Presta North America, LLC | Indiana | state | 2018 | $950,000 | tax credit/rebate | |
| ThyssenKrupp Steel USA, LLC | Alabama | state | 2012 | $950,536 | cost reimbursement | |
| Rotek, Incorporated | Kentucky | state | 2011 | $1,000,000 | tax credit/rebate | |
| ThyssenKrupp Presta USA, LLC | Indiana | state | 2013 | $1,000,000 | tax credit/rebate | |
| ThyssenKrupp Steel USA, LLC | Alabama | state | 2012 | $1,030,013 | cost reimbursement | |
| Rotek Incorporated (Thyssenkrupp) | Ohio | state | 2008 | $1,050,067 | tax credit/rebate | |
| ThyssenKrupp Steel USA, LLC | Alabama | state | 2011 | $1,136,549 | cost reimbursement | |
| ThyssenKrupp Stainless USA, LLC | Alabama | state | 2009 | $1,353,115 | cost reimbursement | |
| ThyssenKrupp Steel USA, LLC | Alabama | state | 2012 | $1,389,238 | cost reimbursement | |
| ThyssenKrupp Steel USA, LLC | Alabama | state | 2012 | $1,803,294 | cost reimbursement | |
| ThyssenKrupp Presta USA, LLC | Indiana | state | 2006 | $1,983,300 | tax credit/rebate | |
| Thyssenkrupp Hopkinsville LLC | Kentucky | state | 2000 | $3,500,000 | tax credit/rebate | |
| ThyssenKrupp Stainless USA, LLC | Alabama | state | 2010 | $3,927,860 | cost reimbursement | |
| Rotek Incorporated | United States | federal | 2010 | $19,724,719 | federal allocated tax credit |
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