Subsidy Tracker Individual Entry

Company: 
General Motors
Parent Company: 
General Motors
Subsidy Source: 
multiple
Location: 
Michigan
City: 
Delta
County: 
Eaton
Project Description: 

automobile assembly plant

Year: 
2000
Major Industry of Parent: 
motor vehicles
Specific Industry of Parent: 
motor vehicles
Subsidy Value: 
$284,600,000
Program Name: 
multiple
Awarding Agency: 
multiple
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
2,800
Capital Investment: 
$1,000,000,000
Source of Data: 

The subsidy value and the (retained) jobs and investment projections came from: David Phillips, "Lansing tries to entice GM," Detroit News, June 14, 2000.

Notes: 

The package, which was offered in connection with plans to add a new assembly plant to GM's Lansing complex, consisted of: a state MEGA tax credit worth $61.8 million; local property tax abatements worth $165 million; $28 million in infrastructure assistance; a state education tax abatement worth $23 million; a $4 million technical education center; and a $2.8 million job training grant. Overlaps with main Subsidy Tracker data: none.

Source Notes: 
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