Subsidy Tracker Individual Entry
automobile assembly plant
The value and the breakdown of the subsidy package, and the jobs and investment projections are taken from: G. Chambers Williams III, "Volkswagen lured to state with $577 million in incentives," The Tennessean, August 30, 2008.
The package included: $229 million from the state for training costs and infrastructure; $86 million in land and site improvements from the city and the county; state tax credits worth $106 million over 30 years; and local tax abatements worth $133 million over the same period. The company also received $22 million from the federal government, which is not included in the total here. The local property tax abatements are listed separately in the main Subsidy Tracker data under County PILOT agreements but without dollar amounts.