Subsidy Tracker Individual Entry
automobile assembly plant
The subsidy figure and investment projection came from: Robyn Meredith, "Chrysler Wins Incentives from Toledo," New York Times, August 12, 1997. Details on the components of the package came from: "Jeep Plant Offered $232 Million Deal to Stay in Toledo," Dayton Daily News, August 11, 1997.
The biggest portions of the package were: $98.1 million in state corporate income tax credits; a 10-year personal property tax exemption from the city worth an estimated $86.5 million; and a $30 million state grant for site preparation and infrastructure costs. The project involved the replacement of an existing Jeep plant with a new facility. Overlaps with main Subsidy Tracker data: none.