Subsidy Tracker Individual Entry

Company: 
JM Smucker
Parent Company: 
J.M. Smucker
Subsidy Source: 
local
Location: 
Tennessee
City: 
Memphis
Address: 
4740 Burbank Road
Project Description: 

invest money and add jobs

Year: 
2013
Major Industry of Parent: 
food products
Specific Industry of Parent: 
food products
Subsidy Value: 
$5,690,445
Program Name: 
Memphis PILOT
Awarding Agency: 
Economic Development Growth Engine
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
103
Wage Data: 
$52,545
Wage Data Type: 
salary
Capital Investment: 
$96,013,397
Notes: 

Subsidy value is projected loss in property taxes collected that would have been collected by the city. PILOT is for 15 year period. Year is year credit approved. Jobs figure is 103 created jobs. Wage figure is projected average salary.

Source Notes: 
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