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Subsidy Tracker Individual Entry

Company: Acterna LLC
Parent Company: Viavi Solutions
Subsidy Source: local
Location: Maryland
City: Germantown
County: Montgomery
Project Description: Technology and IT
Major Industry of Parent: miscellaneous manufacturing
Specific Industry of Parent: telecommunications equipment
Subsidy Value: $1,100,000
Loan Value Notes: Loan amounts do not reflect repayments. See the original source for that information.
Program Name: Montgomery County Economic Development Fund Grant and Loan Program
Awarding Agency: Department of Economic Development
Type of Subsidy: grant/loan hybrid program
Number of Jobs or Training Slots: 1,147
Capital Investment: $49,200,000
Source of Data: (click here)
Notes: Data obtained from a February 26, 2013 report by the county's Office of Legislative Oversight. The report contains a list of grant and loan recipients for the period from FY1996 to FY2012 but does not indicate the year for each entry. See the original for information on the status of each award, including information on whether the company met its obligations and, if not, whether it repaid any of the subsidy. Project description is industry category. Jobs and investment figures are projected amounts.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.