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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
Type of Subsidy: 
MEGADEAL

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.