Subsidy Tracker Individual Entry
U.S. headquarters relocation
The value of the subsidy package and job data are thane form: Jon Lender, "Deal to bring $12.5 million to Bridgeport," Hartford Courant, May 14, 1997.
Connecticut offered Zurich Reinsurance Centre Holdings Inc., an insurance company, a subsidy package of $190 million, or $475,000 per job, for moving its U.S. headquarters from New York City. After the deal became controversial (the company used a loophole in the program rules), Zurich Reinsurance agreed to contribute $12.5 million to economic development projects in Bridgeport, CT. Overlaps with main Subsidy Tracker data: none.