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Subsidy Tracker Individual Entry

Company: FedEx SupplyChain Systems, Inc.
Parent Company: FedEx
Subsidy Source: local
Location: Tennessee
City: Memphis
Address: 5050 East Holmes Road
Project Description: add jobs and invest in new location
Year: 2014
Major Industry of Parent: freight and logistics
Specific Industry of Parent: package delivery
Subsidy Value: $382,300
Program Name: Shelby County PILOT Agreements
Awarding Agency: Economic Development Growth Engine
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 87
Wage Data: $31,747
Wage Data Type: salary
Capital Investment: $6,820,800
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 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.