Subsidy Tracker Individual Entry
Company:
AM General
Parent Company:
MacAndrews & Forbes
Subsidy Source:
state
Location:
Indiana
City:
Mishawaka
County:
St. Joseph
Project Description:
Hummer all-terrain-vehicle plant
Year:
2000
Major Industry of Parent:
diversified
Specific Industry of Parent:
diversified
Subsidy Value:
$62,500,000
Program Name:
multiple
Awarding Agency:
multiple
Number of Jobs or Training Slots:
1,500
Source of Data:
The value of the subsidy package, its components and the projected number of jobs came from: Jennifer Martin, "Incentives played part in Hummer deal," Indianapolis Star, January 11, 2000.
Notes:
To encourage the company to build the Hummer ATV plant, the state provided $13 million in tax credits, $1.5 million in worker training grants and a $27 million grant to St. Joseph County for infrastructure improvements. The county agreed to spend another $21 million on infrastructure improvements. Overlaps with main Subsidy Tracker data: none.
Source Notes:
If an online information source is not working, check the Tracker inventory page for an updated link.