Subsidy Tracker Individual Entry

Company: 
NetJets and FlightSafety International
Parent Company: 
Berkshire Hathaway
Subsidy Source: 
multiple
Location: 
Ohio
City: 
Columbus
County: 
Franklin
Project Description: 

new aviation campus

Year: 
2008
Major Industry of Parent: 
diversified
Subsidy Value: 
$67,600,000
Program Name: 
multiple
Awarding Agency: 
multiple
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
810
Capital Investment: 
$200,000,000
Source of Data: 

All Information came from: "NetJets Inc. to Expand in Ohio, Build World-Class Campus Adjacent to Port Columbus," a press release issued by the Columbus Regional Airport Authority on March 13, 2008.

Notes: 

The State of Ohio, City of Columbus, Franklin County, and the Columbus Regional Airport Authority offered a subsidy package to NetJets and its sister company FlightSafety International (they are both owned by Berkshire Hathaway) to expand their aviation campus instead of relocating it. The total package was $67.6 million, including $37.4 million from Ohio, $22 million from Columbus and Franklin County, and $8.2 million from the airport. Overlap with main Subsidy Tracker data: Job Creation Tax Credit listing for $11,709,508.

Source Notes: 
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