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Subsidy Tracker Individual Entry

Company: NetJets and FlightSafety International
Parent Company: Berkshire Hathaway
Subsidy Source: multiple
Location: Ohio
City: Columbus
County: Franklin
Project Description: new aviation campus
Year: 2008
Major Industry of Parent: diversified
Specific Industry of Parent: diversified
Subsidy Value: $67,600,000
Subsidy Value in 2023 Dollars: $96,176,947
Program Name: multiple
Awarding Agency: multiple
Type of Subsidy: 
Number of Jobs or Training Slots: 810
Capital Investment: $200,000,000
Source of Data: All Information came from: "NetJets Inc. to Expand in Ohio, Build World-Class Campus Adjacent to Port Columbus," a press release issued by the Columbus Regional Airport Authority on March 13, 2008.
Notes: The State of Ohio, City of Columbus, Franklin County, and the Columbus Regional Airport Authority offered a subsidy package to NetJets and its sister company FlightSafety International (they are both owned by Berkshire Hathaway) to expand their aviation campus instead of relocating it. The total package was $67.6 million, including $37.4 million from Ohio, $22 million from Columbus and Franklin County, and $8.2 million from the airport. Overlap with main Subsidy Tracker data: Job Creation Tax Credit listing for $11,709,508.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.