Subsidy Tracker Individual Entry

Company: 
General Electric
Parent Company: 
General Electric
Subsidy Source: 
multiple
Location: 
Ohio
City: 
Cincinnati
County: 
Hamilton
Project Description: 

aviation complex

Year: 
2009
Major Industry of Parent: 
diversified
Specific Industry of Parent: 
diversified
Subsidy Value: 
$121,000,000
Program Name: 
Job Retention Tax Credit
Awarding Agency: 
multiple
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
5,000
Source of Data: 

The subsidy amounts and jobs projections are taken from: John Nolan, "GE gets $120M tax credit," Dayton Daily News, November 6, 2009.

Notes: 

The state provided a 15-year, $120 million Job Retention Tax Credit and the village of Evendale provided a $1 million grant. A tax credit of $115,335,000 is listed separately in the main Subsidy Tracker data in an entry for the Job Retention Tax Credit program.

Source Notes: 
If an online information source is not working, check the Tracker inventory page for an updated link.