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: 
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