Subsidy Tracker Individual Entry
computer chip plant
The subsidy amount came from estimates in a 2001 report published by the Maine Citizen Leadership Fund and described in: Allan Drury, "Good Business or Corporate Welfare?" Portland Press Herald, April 29, 2001. The jobs and investment projections came from: Tess Nacelewicz, "Firm Wins Approval of Tax Plan," Portland Press Herald, October 17, 1995.
The package included local property tax abatements, tax increment financing and assistance from the state's Business Equipment Tax Reimbursement (BETR) Program. The plant was taken over by Texas Instruments in 2011. Overlaps with main Subsidy Tracker data: three BETR entries for 2009, 2010 and 2011 totaling $6.9 million.