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MegadealsSubsidy Tracker Individual Entry
Company: Facebook, Inc.
Parent Company:
Meta Platforms Inc.
Subsidy Source: local
Location: North Carolina
City: Forest City
County: Rutherford
Address: 284 Social Circle
Zip: 28043
Year: 2010
Major Industry of Parent: information technology
Specific Industry of Parent: internet services
Subsidy Value: undisclosed
Program Name: Rutherford County: Property Tax Abatement
Awarding Agency: Rutherford County Board of Commissioners
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 42
Capital Investment: $450,000,000
Source of Data: Direct from agency; not on web
Notes: Subsidy is property tax abatement; 90% of personal property and 85% of real property for 30 year period; no subsidy value given. Year is year credit approved. Jobs figure is jobs to be created.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.