Subsidy Tracker Individual Entry
Company:
General Motors
Parent Company:
General Motors
Subsidy Source:
multiple
Location:
Kansas
City:
Kansas City
Project Description:
expansion of motor vehicle assembly plant
Year:
2006
Major Industry of Parent:
motor vehicles
Specific Industry of Parent:
motor vehicles
Subsidy Value:
$156,000,000
Program Name:
multiple
Awarding Agency:
multiple
Type of Subsidy:
MEGADEAL 
Capital Investment:
$208,000,000
Source of Data:
The value of the bonds and other subsidy details as well as the investment projection came from: Randolph Heaster, "Fairfax will get upgrade," Kansas City Star, December 19, 2006.
Notes:
The package included $146 million in industrial revenue bonds that enabled a property tax abatement (the value of which was not announced) as well as machinery and equipment tax exemptions worth $10 million. The subsidy total here includes the $140 million value of the bond issue. Overlap with main Subsidy Tracker data: $226,400 Kansas Industrial Training entry for 2010.
Source Notes:
If an online information source is not working, check the Tracker inventory page for an updated link.
