Company: Ford Motor Parent Company: Ford Motor Subsidy Source: state Location: Missouri City: Claycomo Project Description: retention of an automobile assembly plant Year: 2010 Major Industry of Parent: motor vehicles Specific Industry of Parent: motor vehicles Subsidy Value: $150,000,000 Program Name: Missouri Automotive Manufacturing Jobs Awarding Agency: multiple Type of Subsidy:
Number of Jobs or Training Slots: 3,900 Source of Data: The value and detail of the subsidy package are taken from: Jason Noble, "Missouri governor today will sign bill for $150 million in automaker tax breaks," The Kansas City Star, July 15, 2010 (for details on the Missouri Automotive Manufacturing Jobs Act, see July 15, 2010 press release issued by Gov. Jay Nixon; available online at: (click here)). Notes: In July 2010, Missouri Legislature passed and Gov. Nixon signed the Missouri Automotive Manufacturing Jobs Act. The program was created to encourage Ford Motor to retain 3,900 jobs at the Claycomo plant. Ford became eligible to retain $15 million per year, or $150 million over 10 years, in workers' withholding taxes. Ford's suppliers also became eligible for the program. Overlaps 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.