Subsidy Tracker Individual Entry
Company:
Baldor Electric Company
Parent Company:
ABB Ltd.
Subsidy Source:
local
Location:
North Carolina
City:
Shelby
County:
Cleveland
Address:
4401 East Dixon Boulevard
Project Description:
purchase and equpping of building
Year:
2012
Major Industry of Parent:
utilities and power generation
Specific Industry of Parent:
power systems
Subsidy Value:
undisclosed
Program Name:
Cleveland County: Grant Incentive Program
Awarding Agency:
Cleveland County Board of Commissioners
Type of Subsidy:
grant
Number of Jobs or Training Slots:
166
Capital Investment:
$17,000,000
Source of Data:
Direct from agency; not on web
Notes:
Subsidy value is grant paid in equal amount to 67% of total ad valorem taxes on real and personal property for ten year period following agreement. No subsidy value given. Year is year credit approved. Jobs figure is new, permanent full-time jobs created.
Source Notes:
If an online information source is not working, check the Tracker inventory page for an updated link.
