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MegadealsSubsidy Tracker Individual Entry
Company: Hertz
Parent Company:
Hertz
Subsidy Source: multiple
Location: Florida
City: Estero
County: Lee
Project Description: corporate headquarters relocation
Year: 2013
Major Industry of Parent: miscellaneous services
Specific Industry of Parent: car rentals
Subsidy Value: $84,800,000
Program Name: multiple
Awarding Agency: multiple
Type of Subsidy:
MEGADEAL (Archived)
Number of Jobs or Training Slots: 700
Source of Data: A press release issued by Enterprise Florida on May 7, 2013 (and available online at
(click here)) announced the deal and jobs figure but not the subsidy value. The latter was included in press coverage such as a May 7 Associated Press story available online at, for example,
(click here).
Notes: The state and Lee County offered the package--which included $16.8 million in immediate subsidies and $68 million in tax breaks over 20 years--to get Hertz to relocate its corporate headquarters from Park Ridge, New Jersey. The specific subsidy programs were not immediately reported. 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.