Subsidy Tracker Individual Entry

Company: 
Google
Parent Company: 
Alphabet Inc.
Subsidy Source: 
multiple
Location: 
Alabama
County: 
Jackson
Project Description: 

data center

Year: 
2015
Major Industry of Parent: 
information technology
Specific Industry of Parent: 
internet services
Subsidy Value: 
$81,000,000
Program Name: 
multiple
Awarding Agency: 
multiple
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
75-100
Wage Data: 
$45,000
Wage Data Type: 
average annual salary
Capital Investment: 
$600 million
Source of Data: 

The subsidy details and jobs and investment projections came from: Tim Omarzu, "Google building $600 million data center near Chattanooga," Chattanooga Times Free Press, June 25, 2015; online at http://www.timesfreepress.com/news/local/story/2015/jun/25/goodbye-coal-...

Notes: 

The package included a $50 million state investment tax credit, $20 million in state sales tax exemptions and $11 million in state property tax abatements. The company was also expected to receive local property tax abatements, the value of which was not immediately reported. The site of the data center is a soon-to-be-retired coal plant owned by the Tennessee Valley Authority. The financial arrangements between Google and the TVA were not immediately announced. Overlap with main Subsidy Tracker data: none.

Source Notes: 
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