Subsidy Tracker Individual Entry
auto assembly plant
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.
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.