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MegadealsSubsidy Tracker Individual Entry
Company: Nike, Inc.
Parent Company:
Nike
Subsidy Source: local
Location: Tennessee
City: Memphis
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: $27,839,922
Program Name: Memphis PILOT
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
Source of Data:
(click here)
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 250 created and 1,662 retained 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.