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Subsidy Tracker Individual Entry

Company: Progress Rail Raceland Corporation
Parent Company: Caterpillar Inc.
Subsidy Source: state
Location: Kentucky
City: Raceland
County: Greenup
Address: Old US Hwy 23 Pond Run
Zip: -41169
NAICS Industry Code: 336510, 423930
Year: 2007
Major Industry of Parent: heavy equipment
Specific Industry of Parent: construction equipment
Subsidy Value: $2,000,000
Program Name: Kentucky Rural Economic Development Act
Awarding Agency: Kentucky Economic Development Finance Authority
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 71
Wage Data: $17.80
Wage Data Type: estimated average hourly wage
Capital Investment: $21,000,000
Source of Data: (click here)
Notes: Year is year of KEDFA approval. Jobs figure is estimated new jobs. Investment figure is total project cost.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.