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Subsidy Tracker Individual Entry

Company: General Motors
Parent Company: General Motors
Subsidy Source: local
Location: Kansas
City: Kansas City
Project Description: expansion of motor vehicle assembly plant
Year: 2012
Major Industry of Parent: motor vehicles
Specific Industry of Parent: motor vehicles
Subsidy Value: $120,000,000
Subsidy Value in 2023 Dollars: $160,035,619
Program Name: Wyandotte County: industrial revenue bonds
Awarding Agency: Wyandotte County
Type of Subsidy: 
MEGADEAL

Capital Investment: $600,000,000
Source of Data: The value of the bonds came from: "GM Fairfax plant expansion announcement anticipated Mondy," Wyandotte Daily News, January 28, 2013.
Notes: Wyandotte County approved the bond issue in September 2012 in anticipation of GM's announcement in January 2013 that it would carry out a massive expansion of its paint shop at its Fairfax assembly plant. The subsidy value listed here is the amount of the bond issue, which made possible property tax abatements and sales tax exemptions, the value of which were not announced. 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.