Company: Boeing Parent Company: Boeing Subsidy Source: multiple Location: Illinois City: Chicago Project Description: relocation of corporate headquarters Year: 2001 Major Industry of Parent: aerospace and military contracting Specific Industry of Parent: aerospace & military contracting Subsidy Value: $56,000,000 Program Name: multiple Awarding Agency: multiple Type of Subsidy:
Number of Jobs or Training Slots: 500 Source of Data: The subsidy and job projection details came from: Jeff McCourt and Greg LeRoy, A Better Deal for Illinois: Improving Economic Development Policy (Good Jobs First, 2003; (click here)) Notes: The $30 million state portion included $17 million in EDGE corporate income tax credits and various grants and sales-tax exemptions. Chicago provided a property tax abatement worth $16 million and a variety of other subsidies. Overlaps with main Subsidy Tracker data: entries with about $7.6 million in Corporate Headquarters Relocation and Large Business Assistance grants. Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.