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Subsidy Tracker Individual Entry

Company: Ford Motor
Parent Company: Ford Motor
Subsidy Source: multiple
Location: Ohio
City: Avon Lake
County: Lorain
Project Description: traditional and EV car production expansion
Year: 2022
Major Industry of Parent: motor vehicles
Specific Industry of Parent: motor vehicles
Subsidy Value: $205,000,000
Subsidy Value in 2023 Dollars: $213,456,547
Program Name: multiple
Awarding Agency: multiple
Type of Subsidy: 
Number of Jobs or Training Slots: 1,800
Capital Investment: $1,500,000,000
Source of Data: The deal details are taken from: Phoebe Wall Howard and Dave Boucher, "Ford investing $3.7B to create 6,200 jobs in Michigan, Ohio, Missouri," Detroit Free Press, June 2, 2022: (click here)
Notes: In June 2022, Ford announced investments across Michigan, Ohio, and Missouri. Ohio provided the company with a $135 million grant through Jobs Ohio and $70 million through job creation credits. Investment in Ohio is mostly for production of EVs at Avon Lake plant; the company will also add jobs at Lima engine and Sharonville transmission plants. See related Michigan megadeal; Missouri did not offer subsidies. Overlaps with main data: 2022 Job Creation Tax Credit ($70M).
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.