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MegadealsSubsidy 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: If an online information source is not working, check the Tracker
inventory page for an updated link.