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:
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.