Subsidy Tracker Individual Entry

Company: 
Turner Holdings LLC
Parent Company: 
Subsidy Source: 
local
Location: 
Tennessee
City: 
Memphis
County: 
Shelby
Address: 
2040 Madison Avenue
Project Description: 

add jobs and make investment to expand manufacturing facility

Year: 
2016
Subsidy Value: 
$639,812
Program Name: 
Shelby County PILOT Agreements
Awarding Agency: 
Economic Development Growth Engine
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
159
Wage Data: 
$51,283
Wage Data Type: 
salary
Capital Investment: 
$8,810,800
Notes: 

Subsidy value is projected loss in property taxes collected that would have been collected by the county. PILOT is for 7 year period. Year is year credit approved. Jobs figure is 25 created and 134 retained jobs. Wage figure is projected average salary new jobs and retained jobs.

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