Subsidy Tracker Individual Entry
Company:
Volkswagen
Parent Company:
Volkswagen
Subsidy Source:
multiple
Location:
Pennsylvania
County:
Westmoreland
Project Description:
auto assembly plant
Year:
1976
Major Industry of Parent:
motor vehicles
Specific Industry of Parent:
motor vehicles
Subsidy Value:
$100,000,000
Program Name:
multiple
Awarding Agency:
multiple
Type of Subsidy:
MEGADEAL 
Number of Jobs or Training Slots:
5,000
Source of Data:
The value and the breakdown of the subsidy package were taken from: Robert Goodman. The Last Entrepreneurs: America's Regional Wars for Jobs and Dollars (Simon & Schuster, 1979), pp.2-3.
Notes:
The subsidy package, assembled by Pennsylvania to win the competition for the first foreign auto assembly plant in the U.S., included: $25 million for rail and road improvements, a $40 million low-interest loan from the state, a $6 million loan from the Pennsylvania state employees' pension fund, $3 million for training costs, and the remainder in local property tax abatements . The plant closed in 1988. 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.
