Subsidy Tracker Individual Entry
Company:
DHL Worldwide Express
Parent Company:
Deutsche Post
Subsidy Source:
multiple
Location:
Ohio
City:
Wilmington
County:
Clinton
Project Description:
expansion of air cargo hub and packaging sorting center
Year:
2004
Major Industry of Parent:
freight and logistics
Specific Industry of Parent:
package delivery
Subsidy Value:
$114,700,000
Program Name:
multiple
Awarding Agency:
multiple
Number of Jobs or Training Slots:
900
Capital Investment:
$350,000,000
Source of Data:
The subsidy, jobs and investment figures are taken from: Shannon Joyce Neal, "Wilmington Could Gain 900 Jobs in Air Hub Deal," Dayton Daily News, June 26, 2004.
Notes:
The subsidy total included: $79 million in state tax credits; a $4 million low-interest loan for water and sewer improvements; $2.7 million in state training assistance; $3 million in other state grants; and $26 million in local tax abatements. The state also agreed to provide $300 million in tax-exempt bond financing. DHL closed the facility in 2009. 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.