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Subsidy Tracker Individual Entry

Company: Mercedes-Benz
Parent Company: Mercedes-Benz Group
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
Subsidy Value in 2023 Dollars: $496,902,416
Program Name: multiple
Awarding Agency: multiple
Type of Subsidy: 
MEGADEAL

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