Subsidy Tracker Individual Entry

Company: 
nucor Steel Memphis, Inc.
Parent Company: 
Nucor
Subsidy Source: 
local
Location: 
Tennessee
City: 
Memphis
County: 
Shelby
Address: 
2315 Pier Street
Zip: 
38106
Project Description: 

enable the Applicant to expand operations by offering these services in Memphis and Shelby County.

Year: 
2017
Major Industry of Parent: 
metals
Specific Industry of Parent: 
steel
Subsidy Value: 
$335,262
Program Name: 
Shelby County PILOT Agreements
Awarding Agency: 
Economic Development Growth Engine
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
15
Wage Data: 
$56,333
Wage Data Type: 
Average salary overtime
Capital Investment: 
$8,100,000
Notes: 

Subsidy value is projected loss in property taxes collected.

Source Notes: 
If an online information source is not working, check the Tracker inventory page for an updated link.