Subsidy Tracker Individual Entry

Company: 
United Parcel Service
Parent Company: 
United Parcel Service
Subsidy Source: 
state
Location: 
Kentucky
City: 
Louisville
Project Description: 

package delivery company air hub

Year: 
2006
Major Industry of Parent: 
freight and logistics
Subsidy Value: 
$51,600,000
Program Name: 
multiple
Awarding Agency: 
Kentucky Economic Development Finance Authority
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
5,000
Source of Data: 

The subsidy details and employment projection came from: Robert Schoenberger, "Frankfort OKs $31.6million in tax breaks," Louisville Courier-Journal, May 18, 2006.

Notes: 

The package included $31.6 million in tax credits under the Kentucky Jobs Development Act and $20 million in sales tax exemptions under the Kentucky Enterprise Initiative Act. Overlaps with main Subsidy Tracker data: the full amount of the package is included in entries for the two programs.

Source Notes: 
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