Subsidy Tracker Individual Entry
Company:
General Motors
Parent Company:
General Motors
Subsidy Source:
state
Location:
Ohio
City:
Lordstown
County:
Trumbull
Project Description:
renovation of auto assembly complex
Year:
2002
Major Industry of Parent:
motor vehicles
Specific Industry of Parent:
motor vehicles
Subsidy Value:
$63,000,000
Program Name:
multiple
Awarding Agency:
multiple
Type of Subsidy:
MEGADEAL 
Capital Investment:
$500,000,000
Source of Data:
The value of the subsidy package and its components as well as the projected investment amount came from: M.R. Kropko, "GM to build new small car in Lordstown, cut jobs," Associated Press, August 16, 2002.
Notes:
The state provided tax credits worth an estimated $37 million, a $20 million grant, $4.5 million in training assistance and $1.5 million in water line improvements via a grant to Trumbull County. Overlap 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.
