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Subsidy Tracker Individual Entry

Company: Rackspace
Parent Company: Apollo Global Management
Subsidy Source: state
Location: Nevada
County: Washoe
Year: 2016
Major Industry of Parent: private equity (including portfolio companies)
Specific Industry of Parent: private equity (including portfolio companies)
Subsidy Value: $33,570,564
Program Name: Data Center Tax Abatements
Awarding Agency: Nevada Governor's Office of Economic Development
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 50
Wage Data: $29.75
Wage Data Type: Average Wage
Capital Investment: $422,000,000
Source of Data: (click here)
Notes: Year is fiscal year. Subsidy is sum of approved sales and use abatement and property tax tax abatement over 20 years. Jobs and wages are contracted amounts.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.