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MegadealsSubsidy Tracker Individual Entry
Company: Tradepoint Atlantic
Parent Company:
Subsidy Source: local
Location: Maryland
City: Dundalk
County: Baltimore
Project Description: international trade hub
Year: 2018
Subsidy Value: $78,000,000
Program Name: Baltimore County: Grant Program
Awarding Agency: Baltimore County Council
Type of Subsidy:
MEGADEAL (Archived)
Number of Jobs or Training Slots: 10,000
Source of Data: Source of data: Melody Simmons, "Baltimore County Council approves $78M for?Tradepoint Atlantic?infrastructure," Baltimore Business Journal, December 17, 2018. See also: See also: Pamela Wood, "Tradepoint project is set for vote; Baltimore County Council to decide Monday on $78 million package," The Baltimore Sun, December 16, 2018.
Notes: The grant will reimburse the company for building roads around Sparrows Point site ($34 million) and for water and sewer extensions ($44 million). The industrial site hosts FedEx and Amazon warehouses. The company estimated the site will generate 10,000 direct and 7,000 indirect jobs over a decade. Overlaps 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.