Subsidy Tracker Individual Entry
Company:
Boeing
Parent Company:
Boeing
Subsidy Source:
multiple
Location:
Alabama
City:
Decatur
County:
Morgan
Project Description:
rocket production facility
Year:
1997
Major Industry of Parent:
aerospace and military contracting
Specific Industry of Parent:
aerospace & military contracting
Subsidy Value:
$150,000,000
Program Name:
multiple
Awarding Agency:
Alabama Development Office
Type of Subsidy:
MEGADEAL 
Number of Jobs or Training Slots:
2,300
Capital Investment:
$400,000,000
Source of Data:
The subsidy value as well as the jobs and investment projections came from: Stan Diel, "Boeing to get $150 million in breaks," Birmingham News, October 8, 1997.
Notes:
The package included a franchise tax exemption worth $48 million over 20 years; a property tax worth $22 million over 10 years; state corporate tax credits worth $25 million to $40 million; plus tens of millions more in infrastructure and training assistance. 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.
