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Subsidy Tracker Individual Entry

Company: American Water Works Company
Parent Company: American Water Works
Subsidy Source: state
Location: New Jersey
City: Camden
Project Description: HQ consolidation
Year: 2015
Major Industry of Parent: utilities and power generation
Specific Industry of Parent: utilities
Subsidy Value: $164,200,000
Program Name: Grow New Jersey Assistance Program
Awarding Agency: Economic Development Agency
Type of Subsidy: 
Capital Investment: $20,000,000
Source of Data: The subsidy package information was taken from: Leslie A. Pappas, "New Jersey Dangles $164M Incentive to Lure Water Company," Bloomberg BNA, June 18, 2015; online at (click here)
Notes: The New Jersey Economic Development Authority approved $164. 2 million over 10 years in business tax credit for American Water Works Company for retaining the company's HQ and jobs in the state. The company plans to consolidate in a new location five offices that it currently has in southern New Jersey. 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.