Subsidy Tracker Individual Entry
Company:
Google
Parent Company:
Alphabet Inc.
Subsidy Source:
multiple
Location:
North Carolina
City:
Lenoir
County:
Caldwell
Project Description:
data center/server farm
Year:
2007
Major Industry of Parent:
information technology
Specific Industry of Parent:
internet services
Subsidy Value:
$254,700,000
Program Name:
multiple
Awarding Agency:
multiple
Type of Subsidy:
MEGADEAL 
Number of Jobs or Training Slots:
210
Capital Investment:
$600,000,000
Source of Data:
The value and the breakdown of the subsidy package are taken from: "What the State, local deals say," The News & Observer, February 11, 2007. For the deal overview, see also: Good Jobs First, Growing Pennsylvania's High-Tech Economy, pp. 55-62, 2010; available on line at: http://www.goodjobsfirst.org/pdf/PAhightech2010%20-%20FINAL.pdf.
Notes:
The $254 million figure estimated in news articles was based on Google's all of its obligations. The package included: a 100 percent business personal property tax exemption and an 80 percent real estate tax abatement, together worth approximately $165 million over 30 years, from the local governments and about $89 million in state sales tax exemptions on electricity and equipment over 30 years. An estimated $700,000 for road improvements was to come from the NC Department of Transportation. The company was also granted $4.7 million in Job Development Grant but it turned down the offer (see Jonathan B. Cox, "Google Gives Back State Grant," News & Observer, December 5, 2008). 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.
