Subsidy Tracker Individual Entry
Company:
Mercedes-Benz
Parent Company:
Daimler
Subsidy Source:
multiple
Location:
Alabama
County:
Tuscaloosa
Project Description:
automobile assembly plant
Year:
1993
Major Industry of Parent:
motor vehicles
Specific Industry of Parent:
motor vehicles
Subsidy Value:
$238,000,000
Program Name:
multiple
Awarding Agency:
multiple
Source of Data:
The value of the subsidy package and the breakdown are taken from: Jerry Underwood, "Some fear Alabama paid too dear a dowry to woo plant," Birmingham News, September 30, 1993.
Notes:
The package included site preparation and infrastructure costs of $95 million; $90 million for training costs; $43 million in state tax credits; and $10 million in other incentives. A contribution of $15 million from private sector sources is not included in the total. Overlaps with main Subsidy Tracker data: none.
Source Notes:
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