Subsidy Tracker Individual Entry
Company:
Boeing
Parent Company:
Boeing
Subsidy Source:
state
Location:
South Carolina
City:
North Charleston
Project Description:
expansion of aerospace plant
Year:
2013
Major Industry of Parent:
aerospace and military contracting
Specific Industry of Parent:
aerospace & military contracting
Subsidy Value:
$120,000,000
Program Name:
infrastructure assistance
Awarding Agency:
state legislature
Number of Jobs or Training Slots:
2,000
Capital Investment:
$1,000,000,000
Source of Data:
The subsidy value and the jobs and investment projections came from: Andrew Shain, "Boeing expansion could turn SC into 'aerospace hub,'" The State, April 9, 2013.
Notes:
The $120 million subsidy was said to be designed to offset some of Boeing's upfront expansion costs, such as site preparation work and utility expenses. Overlaps 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.