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MegadealsSubsidy Tracker Individual Entry
Company: Kendrion FAS Controls, Inc.
Parent Company:
Subsidy Source: local
Location: North Carolina
City: Shelby
County: Cleveland
Address: 1100 Airport Road
Project Description: expand existing industry and target new industries in Cleveland County
Year: 2012
Subsidy Value: undisclosed
Program Name: Cleveland County: Grant Incentive Program
Awarding Agency: Cleveland County Board of Commissioners
Type of Subsidy: grant
Number of Jobs or Training Slots: 57
Capital Investment: $7,500,000
Source of Data: Direct from agency; not on web
Notes: Subsidy value is grant paid in equal amount to 67% of total ad valorem taxes on real and personal property for ten year period following agreement. No subsidy value given. Year is year credit approved. Jobs figure is new, permanent full-time jobs created within three years of the agreement.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.