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.
