Subsidy Tracker Individual Entry

Company: 
Daimler
Parent Company: 
Daimler
Subsidy Source: 
multiple
Location: 
Alabama
County: 
Tuscaloosa
Project Description: 

automobile assembly plant expansion

Year: 
2009
Major Industry of Parent: 
motor vehicles
Specific Industry of Parent: 
motor vehicles
Subsidy Value: 
$100,000,000
Program Name: 
multiple
Awarding Agency: 
multiple
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
1,000
Capital Investment: 
$290,000,000
Source of Data: 

The value and detail of the subsidy package are taken from: Dawn Kent, "C-Class tax abatements OK'd," Birmingham News, July 22, 2011. See also: "Vance to make new C-Class," Birmingham News, December 3, 2009.

Notes: 

The 2009 subsidy package was assembled by the state and local governments for relocating Mercedes-Benz sedan production from Germany to Alabama. The package included: $10 million in cash grant from the state; a $10 million cash grant from the local governments, $15 million in tax abatements; and $65 million for job training. Overlaps with main Subsidy Tracker data: two 2010 Alabama Industrial Development Training entries totaling $906.

Source Notes: 
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