Subsidy Tracker Individual Entry

Company: 
Mercedes-Benz Research and Development North America, Inc.
Parent Company: 
Daimler
Subsidy Source: 
state
Location: 
Michigan
City: 
Ann Arbor
Address: 
3953 Research Park Dr Ann Arbor
Zip: 
48108
Project Description: 

Mercedes-Benz Research and Development North America, Inc. plans to invest $7.8 million to expand in Ann Arbor. A local property tax abatement valued at $6.8 million will support the project.

Year: 
2015
Major Industry of Parent: 
motor vehicles
Specific Industry of Parent: 
motor vehicles
Subsidy Value: 
$6,814,806
Program Name: 
Industrial Property Tax Abatement
Awarding Agency: 
Michigan Economic Development Corporation
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
15
Notes: 

Year is fiscal year. Jobs is sum of new and retained positions.

Source Notes: 
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