Subsidy Tracker Individual Entry
expansion of automobile assembly plant
The value and the breakdown of the subsidy package and the job and investment projections were taken from: Russell Hubbard, "Incentive price tag: $119 million project will cost $60,000 for each job in taxpayers subsides," Birmingham News, August 29, 2000.
The $119.3 million subsidy package for Mercedes-Benz expansion included state and local subsides: $54.2 million in corporate income tax credits and reductions on property taxes and sales and use taxes; $37 million for workers training; $14.4 million for site preparation and construction; and $10 million for road improvements. The remaining amount of $3.7 million was not specified. The company originally received a $238 million subsidy package for the facility in 1993 (see separate entry). Overlaps with main Subsidy Tracker data: none.