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MegadealsSubsidy Tracker Individual Entry
Company: Whirlpool Corporation
Parent Company:
Whirlpool Corp.
Subsidy Source: state
Location: Michigan
City: Benton Harbor
Address: 151 Riverview Dr Benton Harbor
Zip: 49022
Project Description: Michigan Business Development Program - Whirlpool Corporation, founded in Benton Harbor in 1911, is the world???s largest home appliance company. The company plans to relocate refrigeration research and development operations from Evansville, IN to a former Whirlpool manufacturing facility in the City of Benton Harbor. Whirlpool plans to invest $18.9 million and create 180 new jobs, resulting in a $2.4 million Michigan Business Development Program performance-based grant. Michigan was chosen over competing sites in Iowa and Mexico. The City of Benton Harbor is offering 12-year tax abatements valued at $1.85 million.
Year: 2013
Major Industry of Parent: housewares and home furnishings
Specific Industry of Parent: appliances
Subsidy Value: $1,850,000
Program Name: Industrial Property Tax Abatement
Awarding Agency: Michigan Economic Development Corporation
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 180
Source of Data:
(click here)
Notes: Year is fiscal year. Jobs is sum of new and retained positions.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.