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MegadealsSubsidy Tracker Individual Entry
Company: GD Copper
Parent Company:
Golden Dragon Precise Copper Tube Group
Subsidy Source: multiple
Location: Alabama
City: Sunny South
County: Wilcox
Project Description: copper tubing manufacturing plant
Year: 2014
Major Industry of Parent: metals
Specific Industry of Parent: metal products
Subsidy Value: $202,100,000
Program Name: multiple
Awarding Agency: multiple
Type of Subsidy:
MEGADEAL
Wage Data: $15
Wage Data Type: estimated hourly wage
Capital Investment: $100,000,000
Source of Data: The breakdown of the subsidy package and the jobs, wages and investment data are taken from: Dawn Kent Azok, "New business for Alabama's Black Belt: Chinese manufacturer opens plant, plans future expansions," AL.com, May 28, 2014; available at:
(click here) see also: Michael Tomberlin, "Enter Golden Dragon with Wilcox County plant," Birmingham News, February 8, 2012. For an "aid intensity" analysis of the deal, see: Kenny Thomas "Another Day, Another Bad Incentive Deal" posted June 4, 2014 on the Middle Class Political Economist blog; available at:
(click here)
Notes: For locating in the poorest county in the state, Alabama offered the company a package of state and local subsidies: up to $160 million over 20 years in capital income credits; $20 million in state discretionary grants; $8.5 million in property tax abatements; $5.7 million in site preparation and road improvements from Alabama DOT and from localities; $5.1 million in sales and use tax abatements; $1.8 million in worker training from AITD; and $1 million to purchase and prepare the site. 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.