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Subsidy Tracker Individual Entry

Company: Daimler
Parent Company: Mercedes-Benz Group
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: 
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: If an online information source is not working, check the Tracker inventory page for an updated link.