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Subsidy Tracker Individual Entry

Company: GMC Saginaw Division
Parent Company: General Motors
Subsidy Source: state
Location: Michigan
City: Buena Vista
County: Saginaw
Project Description: Facility to control or dispose of air pollutants
Year: 1990
Major Industry of Parent: motor vehicles
Specific Industry of Parent: motor vehicles
Subsidy Value: undisclosed
Program Name: Air Pollution Control Exemption
Awarding Agency: State Tax Commission
Type of Subsidy: property tax abatement
Capital Investment: $94,640
Value of Exempted Property: $47,320
Source of Data: (click here)
Notes: Program provides a 100% property and sales tax exemption for investments in air pollution control equipment. Eligible facilities must be certified by the Michigan Dept. of Environment, Great Lakes, and Energy. Subsidy value not disclosed. Investment is the cost of the exempted property.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.