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Subsidy Tracker Individual Entry

Company: Thomas & Betts Corp.
Parent Company: ABB Ltd.
Subsidy Source: local
Location: Tennessee
City: Memphis
County: Shelby
Address: 860 Ridge Lake Boulevard
Zip: 38120
Project Description: enable the company to consolidate their corporate research and development operations from out of state into a new corporate headquarters location
Year: 2017
Major Industry of Parent: utilities and power generation
Specific Industry of Parent: power systems
Subsidy Value: $1,373,304
Program Name: Memphis PILOT
Awarding Agency: Economic Development Growth Engine
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 598
Wage Data: $86,788
Wage Data Type: Average salary overtime
Capital Investment: $20,750,000
Source of Data: (click here)
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.