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Subsidy Tracker Individual Entry

Company: General Motors
Parent Company: General Motors
Subsidy Source: multiple
Location: Michigan
City: Orion
County: Oakland
Project Description: automobile assembly plant
Year: 2009
Major Industry of Parent: motor vehicles
Specific Industry of Parent: motor vehicles
Subsidy Value: $2,336,500,000
Subsidy Value in 2023 Dollars: $3,335,841,913
Program Name: multiple
Awarding Agency: multiple
Type of Subsidy: 
Number of Jobs or Training Slots: 1,200
Capital Investment: $600-$800 million
Source of Data: The original subsidy amount and breakdown as well as the jobs projections came from: Greg Gardner, "Tax help, support sway GM," Detroit Free Press, June 27, 2009. The updated value of MEGA tax credit and investment was taken from Chad Livengood, ?Ford puts up $3B for tax breaks,? The Detroit News, June 9, 2015; online at (click here)
Notes: The package, which was offered to get GM to produce its next small cars at its Orion Township plant and thus save 1,200 jobs, included: a 20-year, $2.1 billion MEGA tax credit (originally reported at $1.1 billion); $136.5 million from the county to pay for training; and a 25-year, 100 percent personal property tax abatement worth an estimated $100 million. Overlaps with main Subsidy Tracker data: a $1.1 billion MEGA entry for 2009.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.