Subsidy Tracker Individual Entry

Company: 
Nucor
Parent Company: 
Nucor
Subsidy Source: 
local
Location: 
Tennessee
City: 
Memphis
Address: 
3605 Paul R Lowery Road
Project Description: 

add new jobs and invest in new facility

Year: 
2012
Major Industry of Parent: 
metals
Specific Industry of Parent: 
steel
Subsidy Value: 
$4,602,668
Program Name: 
Memphis PILOT
Awarding Agency: 
Economic Development Growth Engine
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
27
Wage Data: 
$75,000
Wage Data Type: 
salary
Capital Investment: 
$113,000,000
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 27 created jobs. Wage figure is projected average salary.

Source Notes: 
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