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Subsidy Tracker Individual Entry

Company: Federal- Mogul Powertrain, Inc.
Parent Company: Apollo Global Management
Subsidy Source: local
Location: Indiana
City: South Bend
Address: 3605 W. Cleveland
Year: 2012
Major Industry of Parent: private equity (including portfolio companies)
Specific Industry of Parent: private equity (including portfolio companies)
Subsidy Value: $215,239
Program Name: South Bend Personal Property Abatements
Awarding Agency: Economic Development Resources Division
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 429
Capital Investment: $21,802,000
Source of Data: direct from agency; not on web
Notes: Subsidy value is estimated cumulative taxes abated. Jobs figure is total of estimated jobs created and jobs retained. Abatement duration is 5 years.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.