Subsidy Tracker Individual Entry
Company:
Caterpillar
Parent Company:
Caterpillar Inc.
Subsidy Source:
multiple
Location:
Georgia
City:
Athens
County:
Oconee And Athens-Clarke
Project Description:
manufacturing plant
Year:
2012
Major Industry of Parent:
heavy equipment
Specific Industry of Parent:
construction equipment
Subsidy Value:
$77,700,000
Program Name:
multiple
Awarding Agency:
multiple
Type of Subsidy:
MEGADEAL 
Capital Investment:
$200,000,000
Source of Data:
The value of the breakdown of the subsidy package, and the investment projections are taken form Douglas Sams, "Caterpillar getting $77M in incentives," Atlanta Business Chronicle, February 17, 2012; available online at: http://www.bizjournals.com/atlanta/news/2012/02/17/caterpillar-eligible-...
Notes:
The state portion of the subsidy package included $45 million in job tax credits and grants. Oconee and Athens-Clarke Counties contributed $32.7 million, which included $9.5 million to buy the site, $6.7 million for road improvements, 20-year property tax abatements worth $15 million, and $1.5 million in water and sewer connections. Overlaps with main Subsidy Tracker data: none.
Source Notes:
If an online information source is not working, check the Tracker inventory page for an updated link.
