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Subsidy Tracker Individual Entry

Company: United Parcel Service, Inc.
Parent Company: United Parcel Service
Subsidy Source: local
Location: Tennessee
City: Memphis
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: $2,641,962
Program Name: Memphis PILOT
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
Source of Data: (click here)
Notes: Subsidy value is projected loss in property taxes collected that would have been collected by the city. 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: If an online information source is not working, check the Tracker inventory page for an updated link.