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.