Subsidy Tracker Individual Entry

Company: 
Facebook, Inc.
Parent Company: 
Facebook
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: 
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