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
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: 
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