Subsidy Tracker Individual Entry
automobile assembly plant
The value and breakdown of the subsidy package are taken from: Ted Evanoff, "Auto-plant incentives: S.C. first with the most," The (Memphis) Commercial Appeal, October 25, 1992.
The subsidy package included about $30 million in state job creation tax credits over 20 years and 20-year county property tax abatements worth about $41 million. The Ports Authority and the county spent about $36 million to buy the land for the plant. Another $23 million was committed through federal grants for infrastructure improvements. The source of the remaining $20 million was not specified. Overlaps with main Subsidy Tracker data: none.