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:
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.