Subsidy Tracker Individual Entry

Company: 
Engineered Floors
Parent Company: 
Engineered Floors
Subsidy Source: 
state
Location: 
Georgia
County: 
Whitfield And Murray
Project Description: 

carpet manufacturing plants

Year: 
2013
Major Industry of Parent: 
building materials
Specific Industry of Parent: 
building materials
Subsidy Value: 
$105,600,000
Program Name: 
multiple
Awarding Agency: 
multiple
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
2,400
Source of Data: 

The value and breakdown of the subsidy package as well as the jobs projection are taken from: J. Scott Trubey, "Carpet jobs cost Ga. $44K each," The Atlanta Journal-Constitution, May 9, 2013.

Notes: 

The value of the subsidy package is a conservative number since it does not include expected local subsidies (property tax abatements, infrastructure upgrades and road work). The state level subsidies include: $60 million in job creation tax credits, $22 million in sales tax exemptions for machinery, $6 million grant from the OneGeorgia Authority, $4.5 million in sales tax exemptions for construction materials, and $3.4 million in energy tax exemptions. The source of remaining $9.7 million was not specified.

Source Notes: 
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