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Subsidy Tracker Individual Entry

Company: Vertex Pharmaceuticals
Parent Company: Vertex Pharmaceuticals
Subsidy Source: local
Location: Massachusetts
City: Boston
Address: 50 Northern Avenue
Project Description: relocating and expanding facility
Year: 2015
Major Industry of Parent: pharmaceuticals
Specific Industry of Parent: pharmaceuticals
Subsidy Value: $9,000,000
Program Name: Boston: Tax Increment Financing
Awarding Agency: City of Boston
Type of Subsidy: tax increment financing
Number of Jobs or Training Slots: 1,311
Source of Data: (click here)
Notes: Subsidy is revised amount of $9,000,000 in 2015 from original amount of $12,100,000 agreed upon in 2011; change due to failure of Vertex to meet original job creation promise (of 1,741).
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.