Subsidy Tracker Individual Entry

Company: 
Nike, Inc.
Parent Company: 
Nike
Subsidy Source: 
local
Location: 
Tennessee
City: 
Memphis
County: 
Shelby
Address: 
3100 Frayser Boulevard
Project Description: 

expand facility, add jobs, and invest more money

Year: 
2012
Major Industry of Parent: 
apparel
Specific Industry of Parent: 
apparel
Subsidy Value: 
$29,988,334
Program Name: 
Shelby County PILOT Agreements
Awarding Agency: 
Economic Development Growth Engine
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
1,912
Wage Data: 
$35,000
Wage Data Type: 
salary
Capital Investment: 
$301,000,000
Notes: 

Subsidy value is projected loss in property taxes collected that would have been collected by the county. PILOT is for 15 year period. Year is year credit approved. Jobs figure is 250 created and 1,662 retained jobs. Wage figure is projected average salary.

Source Notes: 
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