Subsidy Tracker Individual Entry

Company: 
Honda
Parent Company: 
Honda
Subsidy Source: 
multiple
Location: 
Alabama
City: 
Talladega
County: 
Talladega
Project Description: 

automobile assembly plant

Year: 
1999
Major Industry of Parent: 
motor vehicles
Specific Industry of Parent: 
motor vehicles
Subsidy Value: 
$158,000,000
Program Name: 
multiple
Awarding Agency: 
multiple
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
1,500
Source of Data: 

The value and the breakdown of the subsidy package and the job projection are taken from: Jay Reeves, "Honda gets $95 million less in incentives than Mercedes," The Associated Press State & Local Wire, May 7, 1999.

Notes: 

The $158 million subsidy package included $102.7 million for site preparation and worker training and $55.6 million in property tax abatements. In 2002, Honda received nearly $90 million for an expansion (see 2002 Honda deal). Overlaps with main Subsidy Tracker data: none.

Source Notes: 
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