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MegadealsSubsidy Tracker Individual Entry
Company: Hormel Foods Corporation And Burke Marketing Corporation
Parent Company:
Hormel Foods
Subsidy Source: state
Location: Iowa
City: Nevada
County: Story
Year: 2018
Major Industry of Parent: food products
Specific Industry of Parent: meatpacking
Subsidy Value: $10,512,000
Loan Value Notes: Loan amounts do not reflect repayments. See the original source for that information.
Program Name: High Quality Jobs Program
Awarding Agency: Iowa Economic Development Authority
Type of Subsidy: grant/loan hybrid program
Number of Jobs or Training Slots: 210
Wage Data: $25
Wage Data Type: Qualifying wage
Capital Investment: $15,000,000
Source of Data:
(click here)
Notes: Year is award year. Investment is capital investment. Jobs number is total contracted amount. Subsidy amount is direct funding and maximum tax benefit combined.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.