Subsidy Tracker Individual Entry
Company:
nucor Steel Memphis, Inc.
Parent Company:
Nucor
Subsidy Source:
local
Location:
Tennessee
City:
Memphis
County:
Shelby
Address:
2315 Pier Street
Zip:
38106
Project Description:
enable the Applicant to expand operations by offering these services in Memphis and Shelby County.
Year:
2017
Major Industry of Parent:
metals
Specific Industry of Parent:
steel
Subsidy Value:
$335,262
Program Name:
Shelby County PILOT Agreements
Awarding Agency:
Economic Development Growth Engine
Type of Subsidy:
property tax abatement
Number of Jobs or Training Slots:
15
Wage Data:
$56,333
Wage Data Type:
Average salary overtime
Capital Investment:
$8,100,000
Source of Data:
http://database.growth-engine.org/pilots/Nucor+Steel+Memphis%2C+Inc.
Notes:
Subsidy value is projected loss in property taxes collected.
Source Notes:
If an online information source is not working, check the Tracker inventory page for an updated link.
