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:
If an online information source is not working, check the Tracker inventory page for an updated link.
