Subsidy Tracker Individual Entry
Company:
Novo Nordisk
Parent Company:
Novo Holdings A/S
Subsidy Source:
multiple
Location:
North Carolina
City:
Clayton
County:
Johnston
Project Description:
insulin manufacturing facility
Year:
2016
Major Industry of Parent:
pharmaceuticals
Specific Industry of Parent:
pharmaceuticals
Subsidy Value:
$109,900,000
Program Name:
multiple
Awarding Agency:
multiple
Type of Subsidy:
MEGADEAL 
Number of Jobs or Training Slots:
700
Capital Investment:
$1,800,000,000
Source of Data:
Details are taken from: Drew Jackson, "Novo Nordisk breaks ground on $1.8B Clayton Expansion," Raleigh News & Observer, March 29, 2016.
Notes:
Novo Nordisk was awarded a $15.9 million Job Development Investment Grant from the state and a 15-yearproperty tax abatement from Johnston County said to be worth $94 million. The company agreed to double its workforce in the county by creating 700 new positions. 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.
