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MegadealsSubsidy Tracker Individual Entry
Company: Baldor Electric Company
Parent Company:
ABB Ltd.
Subsidy Source: local
Location: North Carolina
City: Shelby
County: Cleveland
Address: 4401 East Dixon Boulevard
Project Description: purchase and equpping of building
Year: 2012
Major Industry of Parent: utilities and power generation
Specific Industry of Parent: power systems
Subsidy Value: undisclosed
Program Name: Cleveland County: Grant Incentive Program
Awarding Agency: Cleveland County Board of Commissioners
Type of Subsidy: grant
Number of Jobs or Training Slots: 166
Capital Investment: $17,000,000
Source of Data: Direct from agency; not on web
Notes: Subsidy value is grant paid in equal amount to 67% of total ad valorem taxes on real and personal property for ten year period following agreement. No subsidy value given. Year is year credit approved. Jobs figure is new, permanent full-time jobs created.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.