Basic Search  |  Geographic Searches  |  Advanced Search | Megadeals

Subsidy Tracker Individual Entry

Company: DuPont
Parent Company: Chemours
Subsidy Source: state
Location: North Carolina
City: Winston-Salem
County: Bladen
Project Description: Teflon chemical plant
Year: 1999
Major Industry of Parent: chemicals
Specific Industry of Parent: chemicals
Subsidy Value: $55,000,000
Program Name: legislative action
Awarding Agency: North Carolina legislature
Type of Subsidy: 
MEGADEAL

Number of Jobs or Training Slots: 125
Source of Data: The subsidy amount and job estimate came from: "Hunt Lauds Tax Break Given to DuPont Plant," Associated Press story published in Durham Herald-Sun, July 16, 1999.
Notes: The legislature created a special tax credit for DuPont allowing it to reduce its annual state corporate tax liability by $2.75 million a year for 20 years. 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.