Subsidy Tracker Individual Entry

Company: 
FEDEX GROUND PACKAGE SYSTEM, INC.
Parent Company: 
FedEx
Subsidy Source: 
local
Location: 
Tennessee
County: 
Sullivan
Address: 
2200 TRI CITIES CROSSING
Year: 
2012
Major Industry of Parent: 
freight and logistics
Specific Industry of Parent: 
package delivery
Subsidy Value: 
undisclosed
Program Name: 
County PILOT agreements
Type of Subsidy: 
property tax abatement
Capital Investment: 
$75,382,453
Notes: 

Entry was included on a 2012 list of projects reported by Industrial Development Boards in which the board holds title to a commercial property built by a private company, making it exempt from property taxes. The subsidy value, which is the difference between what property taxes would be and the payment in lieu of taxes (PILOT) made by the company, is not available. The original source has the PILOT payments and the length of the agreement. The investment figure is the estimated market value of the property.

Source Notes: 
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