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MegadealsSubsidy Tracker Individual Entry
Company: Ford Motor
Parent Company:
Ford Motor
Subsidy Source: multiple
Location: Illinois
City: Chicago
Project Description: manufacturing and supplier park
Year: 2000
Major Industry of Parent: motor vehicles
Specific Industry of Parent: motor vehicles
Subsidy Value: $100,900,000
Subsidy Value in 2023 Dollars: $179,542,059
Program Name: multiple
Awarding Agency: multiple
Type of Subsidy:
MEGADEAL

Number of Jobs or Training Slots: 800
Capital Investment: $400,000,000
Source of Data: The value and the breakdown of the subsidy package and the job and investment projections are taken from: Charles Sheehan, "Ford to expand South Side plant," The Associated Press State & Local Wire, September 7, 2000. See also: Fran Spielman, "Ford to build S. Side facility," Chicago Sun-Times, September 7, 2000. For a detailed description of the deal, see: Jeff McCourt and Greg LeRoy, "A Better Deal for Illinois," (Good Jobs First, January, 2003), chapter 7; available online at:
(click here)
Notes: The subsidy package included state and local subsidies. State level subsidies included $52.2 million from the Illinois FIRST program for infrastructure improvements, site clean-up and the construction of a technical training center as well as $6.1 million in industrial training funds. The city contributed $22.2 million in infrastructure improvements; $11 million from a tax increment financing district created around the site; $7.6 million for job training and recruitment; and $2 million in environmental grants. In addition, the state offered Ford an unspecified amount in 10-year EDGE tax credits (not included in the total). Overlaps with main Subsidy Tracker data: $419,198 tax increment financing entry for 2003 as well as awards from the Large Business Development Assistance Program and the Employee Assistance Training Investment Program totaling $9.6 million.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.