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MegadealsSubsidy Tracker Individual Entry
Company: Continental Tire
Parent Company:
Continental AG
Subsidy Source: local
Location: Tennessee
City: Memphis
County: Shelby
Address: 3474 Winchester
Project Description: add jobs and invest more
Year: 2014
Major Industry of Parent: automotive parts
Specific Industry of Parent: automotive parts-tires
Subsidy Value: $90,826
Program Name: Shelby County PILOT Agreements
Awarding Agency: Economic Development Growth Engine
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 25
Wage Data: $41,814
Wage Data Type: salary
Capital Investment: $2,066,100
Source of Data:
(click here)
Notes: Subsidy value is projected loss in property taxes collected that would have been collected by the county. PILOT is for 5 year period. Year is year credit approved. Jobs figure is 25 created jobs. Wage figure is projected average salary.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.