Subsidy Tracker Individual Entry

Company: 
Intel
Parent Company: 
Intel
Subsidy Source: 
multiple
Location: 
Arizona
City: 
Chandler
County: 
Maricopa
Project Description: 

computer chip plant

Year: 
1994
Major Industry of Parent: 
electrical and electronic equipment
Specific Industry of Parent: 
semiconductors
Subsidy Value: 
$82,000,000
Program Name: 
multiple
Awarding Agency: 
multiple
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
1,500
Capital Investment: 
$1,300,000,000
Source of Data: 

The value and breakdown of the subsidy package as well as the job and investment projections came from: Martha Reinke and Ed Taylor, "Intel clears last of plant hurdles with permits, tax breaks," Scottsdale Progress, April 20, 1994.

Notes: 

The company received a 15-year property tax abatement worth an estimated $50 million linked to a foreign trade zone designation. It also received $32 million in state sales tax exemptions for construction materials, production materials and pollution control equipment. Overlaps with main Subsidy Tracker data: none.

Source Notes: 
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