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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: If an online information source is not working, check the Tracker inventory page for an updated link.