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MegadealsSubsidy Tracker Individual Entry
Company: Union Tank Car (now owned by Berkshire Hathaway)
Parent Company:
Berkshire Hathaway
Subsidy Source: multiple
Location: Louisiana
City: Alexandria
Project Description: rail car plant
Year: 2004
Major Industry of Parent: diversified
Specific Industry of Parent: diversified
Subsidy Value: $65,200,000
Program Name: multiple
Awarding Agency: multiple
Type of Subsidy:
MEGADEAL (Archived)
Number of Jobs or Training Slots: 850
Capital Investment: $100,000,000
Source of Data: The value of the subsidy package, the projected number of jobs and the projected investment came from: Robert Travis Scott, "Rail Car Firm Makes U-Turn to La.," New Orleans Times-Picayune, June 18, 2004.
Notes: The subsidy package consisted of: $32 million for construction costs and infrastructure improvements; $19.1 million in estimated rebates for job creation; $9.8 million in property tax breaks; $2.3 million in state sales tax rebates on machinery purchases; and a $2 million state-funded training program. Overlap 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.