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Subsidy Tracker Individual Entry

Company: General Motors
Parent Company: General Motors
Subsidy Source: local
Location: Michigan
City: Warren
Project Description: expansion and renovation of GM's Tech Center
Year: 2015
Major Industry of Parent: motor vehicles
Specific Industry of Parent: motor vehicles
Subsidy Value: $97,100,000
Program Name: Industrial Facilities Property Tax Exemption
Awarding Agency: Warren City Council
Type of Subsidy: 
Capital Investment: $419,437,940
Source of Data: The value of the subsidy package was taken from: Melissa Burden, "Warren expansion may get $97M deal," The Detroit News, April 30, 2015; online at: (click here). Jobs and investment are based on minutes of a special meeting of the Warren City Council on April 21, 2015; online at (click here)
Notes: The local subsidy package for GM is in the form of three 50-percent tax abatements, each for up to 14 years. The value of the tax abatements is approximated. Overlap 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.