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MegadealsSubsidy Tracker Individual Entry
Company: Volkswagen Group Of America Inc
Parent Company:
Volkswagen
Subsidy Source: local
Location: Tennessee
City: Chattanooga
County: Hamilton
Address: 8001 Volkswagen Dr & Discovery Dr
Year: 2022
Major Industry of Parent: motor vehicles
Specific Industry of Parent: motor vehicles
Subsidy Value: $17,135,492
Program Name: Chattanooga/Hamilton County: PILOT Agreements
Awarding Agency: Industrial Development Board Of Chattanooga
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 2,000
Capital Investment: $1,000,000,000
Source of Data:
(click here)
Notes: Year is FY of tax abatement. Subsidy value is total cost of agreement (taxes abated less PILOT payments). Jobs are jobs commited. PILOT begins tax year 2010 and ends tax year 2038.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.