Subsidy Tracker Individual Entry

Company: 
Ford Motor
Parent Company: 
Ford Motor
Subsidy Source: 
state
Location: 
Michigan
City: 
Statewide
Project Description: 

automobile assembly plants

Year: 
2006
Major Industry of Parent: 
motor vehicles
Specific Industry of Parent: 
motor vehicles
Subsidy Value: 
$151,236,000
Program Name: 
MEGA (Michigan Economic Growth Authority) Tax Credits
Awarding Agency: 
Michigan Economic Development Corporation
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
13,740
Capital Investment: 
$1,000,000,000
Source of Data: 

The subsidy value and the jobs and investment projections came from: Sarah A. Webster, "Ford to invest up to $1 billion in state," Detroit Free Press, August 10, 2006.

Notes: 

The MEGA tax credit was offered in support of company plans to retain jobs at nine facilities. Overlaps with main Subsidy Tracker data: none.

Source Notes: 
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