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:
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.