Subsidy Tracker Individual Entry
Company:
Tradepoint?Atlantic?
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?
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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