Subsidy Tracker Individual Entry
automobile assembly plant
The value of the subsidy package and its components as well as the jobs and investment projections came from: Jeff McCourt et. Al., A Better Deal for Illinois (Good Jobs First, January 2003).
The state-local package included: $160 million in property tax abatements over 10 years by virtue of the plant's location in a newly created enterprise zone; $40 million in job training funds; and $49.3 million in infrastructure assistance. At the time of the deal, Diamond-Star was a joint venture of Mitsubishi Motors and Chrysler. After Chrysler ended its relationship with Mitsubishi in the early 1990s, the plant dropped "Diamond-Star" and took on the Mitsubishi name. In 2011 Mitsubishi was given a $29 million subsidy package in connection with its plan to produce the Outlander Sports Crossover in Bloomington-Normal. Overlaps with main Subsidy Tracker data: none.