Subsidy Tracker Individual Entry

Company: 
United Parcel Service, Inc.
Parent Company: 
United Parcel Service
Subsidy Source: 
local
Location: 
Tennessee
City: 
Memphis
County: 
Shelby
Address: 
3675 New Swinnea Road
Project Description: 

add new jobs and invest in expansion of existing facility

Year: 
2013
Major Industry of Parent: 
freight and logistics
Specific Industry of Parent: 
package delivery
Subsidy Value: 
$3,403,717
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: 
$42,037
Wage Data Type: 
salary
Capital Investment: 
$80,408,629
Notes: 

Subsidy value is projected loss in property taxes collected that would have been collected by the county. PILOT is for 11 year period. Year is year credit approved. Jobs figure is 15 created jobs. Wage figure is projected average salary.

Source Notes: 
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