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MegadealsSubsidy Tracker Individual Entry
Company: Bell South Telecommunications
Parent Company:
AT&T
Subsidy Source: local
Location: North Carolina
City: Kings Mountain
County: Cleveland
Project Description: construction of building and installation of machinery and computer equipment
Year: 2012
Major Industry of Parent: telecommunications
Specific Industry of Parent: telecommunications
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: 106
Capital Investment: $851,000,000
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 twenty year period following agreement (with possible extension for total of thirty years). No subsidy value available. Year is year credit approved. Jobs figure is new, permanent full-time jobs created in Kings Mountain within first four years of agreement. Capital investment is for Phase I of II in project (Phase II capital investment not disclosed).
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.