Subsidy Tracker Individual Entry
Relocation of laboratory facilities from another location in NJ
All data was taken from the agenda for a board meeting of New Jersey's Economic Development Authority on November 10, 2014; available online at: http://www.njeda.com/web/pdf/11102014_Agenda.pdf. See also: Jim Walsh, "Lockheed Martin wins approval for tax breaks," Courier-Post, November 11, 2014; online at: http://www.courierpostonline.com/story/news/local/south-jersey/2014/11/1...
To retain 250 jobs, New Jersey Economic Development Authority awarded Lockheed Martin $107 million in tax credits over 10 years. The company will move two facilities from Moorestown, NJ to Camden, NJ. Investment is estimated eligible capital investment by the company. Overlaps with main Subsidy Tracker data: a 2014 Grow New Jersey Assistance Program entry for Lockheed Martin Corporation for $107 million.