Subsidy Tracker Individual Entry

Company: 
Spirit Airlines
Parent Company: 
Spirit Airlines
Subsidy Source: 
state
Location: 
Michigan
City: 
Romulus
Address: 
Building 719 Airport West Service Drive Romulus
Zip: 
48174
Project Description: 

Michigan Business Development Program - Spirit Airlines, Inc. is an ultra-low-cost, low-fare airline based in Miramar, FL. The company was founded in 1964 as Clippert Trucking Company, a Michigan company. The company plans to construct a new 126,000 square foot commercial airline maintenance hangar at Detroit Metropolitan International Airport in the city of Romulus, investing approximately $31.7 million and creating 84 jobs related to commercial airline maintenance and repair. As a result, the project has been awarded a $1 million Michigan Business Development Program performance based grant. Michigan was chosen over a competing site in Texas. The city of Romulus has offered support to the project in the form of property tax abatement. For information on careers with Spirit Airlines, visit http://www.spirit.com/CareersHome.aspx.

Year: 
2015
Major Industry of Parent: 
airlines
Specific Industry of Parent: 
airlines
Subsidy Value: 
$4,676,536
Program Name: 
Industrial Property Tax Abatement
Awarding Agency: 
Michigan Economic Development Corporation
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
134
Notes: 

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

Source Notes: 
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