Company: Blue Origin Parent Company: Blue Origin LLC Subsidy Source: multiple Location: Florida County: Brevard Project Description: rocket factory at Space Florida's Exploration Park complex at Kennedy Space Center Year: 2015 Major Industry of Parent: aerospace and military contracting Specific Industry of Parent: spaceflight services Subsidy Value: $65,550,000 Program Name: multiple Awarding Agency: multiple Type of Subsidy:
Number of Jobs or Training Slots: 330 Wage Data: $89,000 Wage Data Type: average annual wage Capital Investment: $160,000,000 Source of Data: The information comes from: Shelly Sigo, "Bezos spaceship factory soars over Florida bond validation hiccup," The Bond Buyer, August 29 2018. Notes: Blue Origin, an aerospace company owned by Jeff Bezos, received state and local subsidies for a rocket manufacturing plant. The Florida Department of Transportation provided $43 million grant for spaceport infrastructure build-out, $10 million via the department's aviation fund, and $2.75 million for road widening. The company also received $1.8 million for workforce development from Brevard County as well as free rent. In addition, Brevard County and North Brevard Development District agreed to provide $8 million. Originally, the county planned to issue a bond to make a one-time cash payment to the company. This, however, was found illegal by a court. Instead, the county will pay the amount in yearly instalment over six years. 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.