Subsidy Tracker Individual Entry

Company: 
Sikorsky Aircraft Corporation
Parent Company: 
Lockheed Martin
Subsidy Source: 
local
Location: 
Florida
County: 
Palm Beach
Project Description: 

expanding current facility with capital expenditures

Year: 
2015
Major Industry of Parent: 
aerospace and military contracting
Specific Industry of Parent: 
aerospace & military contracting
Subsidy Value: 
$146,775
Program Name: 
Palm Beach County: Ad Valorem Tax Exemption
Awarding Agency: 
Department of Economic Sustainability
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
95
Wage Data: 
$80,000
Wage Data Type: 
salary
Capital Investment: 
$10,300,000
Source of Data: 

Direct from agency; not on web

Notes: 

Subsidy value is over three year period and based on pledged capital investments, jobs created/ retained, and annualized average wage. Year is year credit approved. Jobs figure is 81 retained and 14 created jobs over three year period. Wage figure is annualized average wage for at least three year period.

Source Notes: 
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