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MegadealsSubsidy 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
Specific Industry of Parent: package delivery
Subsidy Value: $51,600,000
Program Name: multiple
Awarding Agency: Kentucky Economic Development Finance Authority
Type of Subsidy:
MEGADEAL (Archived)
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: If an online information source is not working, check the Tracker
inventory page for an updated link.