Subsidy Tracker Individual Entry
Company:
Samsung
Parent Company:
Samsung
Subsidy Source:
multiple
Location:
Texas
City:
Austin
County:
Travis
Address:
12100 Samsung Plant
Zip:
78754
Project Description:
computer chip plant
Year:
2006
Major Industry of Parent:
diversified
Specific Industry of Parent:
diversified
Subsidy Value:
$233,400,000
Program Name:
multiple
Awarding Agency:
multiple
Type of Subsidy:
MEGADEAL 
Number of Jobs or Training Slots:
900
Capital Investment:
$3,500,000,000
Source of Data:
The subsidy figures and jobs and investment projections were reported in: Kirk Ladendorf, "Samsung says 'yes' to Austin plant," Austin American-Statesman, April 14, 2006.
Notes:
The package included: a $10.8 million grant from the state's Texas Enterprise Fund; $115 million in property tax abatements from the Manor school district; $62.9 million in abatements from the city of Austin; and $44.7 million in abatements from Travis County. The Texas Enterprise Fund grant is included separately in the main Subsidy Tracker data under that program name.
Source Notes:
If an online information source is not working, check the Tracker inventory page for an updated link.
