Subsidy 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: 
Grant program
Awarding Agency: 
Baltimore County Council?
Type of Subsidy: 
megadeal
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: 
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