Company: Bayer CropScience Parent Company: Bayer Subsidy Source: multiple Location: Alabama City: Mobile County: Mobile Project Description: agri-chemical plant Year: 2013 Major Industry of Parent: chemicals Specific Industry of Parent: chemicals Subsidy Value: $429,500,000 Program Name: multiple Awarding Agency: multiple Type of Subsidy:
Number of Jobs or Training Slots: 180 Wage Data: $75,000 Wage Data Type: average salary Capital Investment: $396,000,000 Source of Data: The value of the package, including the cost of the Capital Income Tax Credit and the local subsidies, as well as jobs, wage and investment data were taken from: John Sharp, "Mobile government bodies endorse $800,000 of incentives for agri-chemical company," AL.com, May 28, 2013; available at: (click here). The value of the tax abatements was taken from: Kelli Dugan, "Company invests $500M in plant," Mobile Register, September 11, 2013. Notes: The value of the subsidy package was reported by AL.com. The largest part of the package, about $396 million or $19.8 million for 20 years, will come from the Capital Income Tax Credit program. In addition, the city committed $300,000 and the county $500,000. The remaining source of the subsidies was not specified but another article reported $32 million in 10-year tax abatements from the Mobile County Industrial development Authority. 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.