Subsidy Tracker Individual Entry
expansion of Smyrna assembly plant and Decherd engine plant
The subsidy value is taken from: Bush Bernard, "$200 Million Tax Credit for Nissan," Nashville Business Journal, July 28, 2000 . The job, wage and investment projections are taken from: Lucas L. Johnson II, "Nissan Plans $1 Billion Investment; Expansion Intended for Engine, Transaxle Plant," Chattanooga Times Free Press, July 21, 2000.
The $200 million subsidy package included tax credits over 20 years for two plants. Nissan was eligible for newly created tax credit worth $5,000 for each new job. The expansion took place over four years. Overlaps with main Subsidy Tracker data: none.